Centre working on a national mission to promote CCUS: NITI Aayog member

The Centre is working on a national mission that will provide financial incentives to promote carbon capture, utilization and storage (CCUS) to help the country achieve its ambitious net-zero goals. The Union power ministry, NITI Aayog and the office of the principal scientific adviser to the Prime Minister’s Office (PMO) are working on the mission,

NITI Aayog panel to steer India’s 2070 netzero goal

NITI Aayog has set in motion the policy framework to steer India towards its aim of achieving a net-zero economy by 2070, marking a significant step three years after the commitment was made. To facilitate this transition, dedicated multi-sectoral committees have been established under the NITI Aayog’s guidance to develop a comprehensive transition plan. These

NITI Aayog, the Netherlands release ‘LNG as a transportation fuel

NITI Aayog and the Embassy of the Kingdom of the Netherlands released report titled ‘LNG as a Transportation Fuel in Medium and Heavy Commercial Vehicle’ on February 6 2024, at India Energy Week. NITI Aayog and the Embassy of the Kingdom of the Netherlands have been actively collaborating in the field of energy transition under

NITI Aayog report bats for incentives to promote LNG

Government think tank NITI Aayog has pitched for providing fiscal and non-fiscal incentives to promote liquified natural gas (LNG) as a transportation fuel in medium and heavy commercial vehicles. In a report titled LNG as a Transportation Fuel in Medium and Heavy Commercial Vehicle’, the Aayog said the government’s think-tank suggested setting up a demand

Climate financing needs to be stepped up: NITI Aayog

Climate financing needs to be stepped up via a number of reforms for the global push for sustainable growth to be fruitful. These reforms include that of multilateral institutions, debt management strategies and regulation of credit rating agencies, the NITI Aayog said. “Financial safety nets need strengthening, bilateral swap lines need to be expanded, and

NITI Aayog, UNDP join hands to fast-track SDGs

Central think tank NITI Aayog and the United Nations Development Programme (UNDP) signed a memorandum of understanding to formalise a cooperative framework to fast-track India’s pursuit to achieve its sustainable development goals (SDGs), the Aayog said. The memorandum of understanding will focus on the two organisations’ cooperation on a range of areas, including SDG localisation,

Green road freight cluster to help reduce gas emissions in India

The World Economic Forum on Wednesday announced the launch of India’s first zero-emission road freight cluster initiative which will reduce the country’s greenhouse gas emissions. The announcement was made during a side event hosted by NITI Ayog at the backdrop of ongoing G20 Energy Transitions Working Group meeting in Panaji. Jasmeet Khurana, Lead, Moving Emerging

Carbo credit trading scheme notified in India

The notification said the Centre will constitute a “National Steering Committee for the Indian carbon market" to govern and oversee the functions of the market.

Methanol-powered prototype truck launched in Bengaluru

In an environment-friendly move, the country’s first 100 percent methanol-powered prototype truck was unveiled by Minister for Road Transport & Highways Nitin Gadkari in Bengaluru. The technology of converting diesel, petrol and CNG engines into operating on 100% methanol (M100) is an initiative under a developmental programme undertaken by the NITI Aayog. Calling the development

NITI Aayog proposes policy framework for CCUS

Carbon Capture Utilisation and Storage (CCUS), the technology for decarbonising carbon dioxide (CO2) from high polluting sectors such as steel, cement, oil, gas, petrochemicals, chemicals and fertilisers, has a critical role to play for the country to halve CO2 emissions by 2050, says a report on the policy framework of the CCUS prepared by the