The aim is to have a substantial gas stockpile that can be utilised during emergencies and supply disruptions. It would also serve as a safeguard against extreme price volatility in the international market. The idea is still in the preliminary stage, and discussions have taken place with global players specialising in gas storage, according to
In eastern India, the country’s largest chromium deposit has been mined for essential ore for the past 60 years. While the industry contributes to the country’s mineral supply chain, it also leads to environmental damage. Farmers in neighboring villages, like Kaliapani, complain that their fertile fields are stripped of soil due to mining activities. The
Of the 87 mines auctioned to private companies in the past three years in a push called “Unleashing Coal” – part of India’s energy self-sufficiency plans – only four are operating, with the rest awaiting financing, a federal coal ministry official said, asking not to be named. Coal officials and banking executives in the world’s
Farizon will compete against the likes of Ford Motor’s e-Transit van, the company has said. China’s Farizon, a maker of electric and hybrid trucks which is owned by automaker Geely, has raised USD 600 million in a Series-A funding round, the company said in a statement. The Hangzhou-based company, which produces and markets hybrid and
The European Commission on Thursday cleared 2.85 billion euros ($3.20 billion) in aid to support the continent’s two biggest steelmakers, ArcelorMittal and Thyssenkrupp, in their efforts to reduce carbon emissions. The move highlights Brussels’ efforts to help local industry decarbonise production and remain competitive with global rivals, aware that heavy industries are unable to fund
According to Additional Commissioner (Transport) Rajiv Srivastava, after submitting the application on the portal, a four-level verification process will take place, beginning with verification at the dealer level, followed by registration and departmental verification. The final verification will be carried out by TI (Transport Inspector). To promote electric vehicles in the state, the Uttar Pradesh
In an effort to reduce black smoke emission, the West Bengal Pollution Control Board (WBPCB) has launched a trial run for decarbonisation of old vehicles. The initiative began on Wednesday with the decarbonisation of two police vehicles. Following the decarbonisation process, the vehicles will undergo emission tests under real driving conditions using remote sensing emission
The Government of India’s collaboration with the World Bank, the Asian Development Bank (ADB), and SIDBI to foster zero-emission mobility is set to revolutionize the last mile transportation sector. With the upfront FAME cash subsidy being rationalized, the USD 1 billion tripartite partnership aims to provide affordable financing rates, propelling the adoption of electric vehicles
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
The hydrogen is produced without air pollution, with a high level of efficiency, utilizing a biocatalyst. Hydrogen is a necessary raw material for both agriculture and industry, but 95% of the hydrogen produced in the world today is “black” or “gray”—produced from coal or natural gas and emitting 9-12 tons of carbon dioxide for every