The Ministry of Coal has set a target to achieve coal gasification of 100 Million Tonne (MT) coal by FY 2030 reflecting the government’s commitment to harnessing the power of coal gasification. With the introduction of this ambitious proposal, Coal Ministry aims to propel the nation’s progress. The proposal incorporates a comprehensive set of measures
New and renewable energy secretary, Bhupinder Singh Bhalla said, “Recognising the importance of diversified and resilient clean energy supply chains for the energy transition we are working together to eliminate exposures to disruption,” he said addressing the ‘US-India Energy Summit – Partnership for a sustainable future’. Considering heavy dependence on China for vital equipment like
Energy transition-focused VC Fund, Transition VC has collaborated with Institute of Electrical and Electronics Engineers (IEEE), to launch the Net Zero Warrior initiative, under which they will empower startups to provide deep-tech solutions across transitioning sectors. The two organisations signed an MoU in Bengaluru on July 13. Net Zero Warriors sets out to address the
India is likely to borrow about Rs 20,000-22,000 crore through sovereign green bonds in this financial year, higher than the Rs 16,000 crore in 2022-23 when it had floated such papers for the first time, said a person aware of the matter. About half of the green bond proceeds are expected to be deployed in
As the first global car maker to announce such a switch, Volvo aims to achieve an immediate reduction in fossil CO2 emissions from intercontinental ocean freight by 55,000 tonnes over a year. Thanks to renewable fuel, CO2 emissions are reduced by at least 84 per cent compared to fossil fuel. The reduction is equivalent to
China’s Ministry of Ecology and Environment has begun to solicit public opinion on a set of draft rules regulating the trading of voluntary greenhouse gas emissions reduction, as part of efforts to achieve the country’s carbon peaking and neutrality goals. As the fundamental system to support the operation of a national voluntary emissions reduction trading
European Investment Bank (EIB) Vice-President Kris Peeters is visiting India to strengthen cooperation with Indian public and private sector partners and to discuss EIB support for clean energy investment and transport in the country. “Peeters will confirm EIB’s interest in supporting the recently approved National Green Hydrogen Mission with a facility of up to EUR
India is planning to build a liquefied natural gas (LNG) terminal in Iraq as it looks to diversify supplies and strengthen its energy security, a government official said. The terminal will liquify some portion of the gas currently flared by Iraq and transport it to India, where it will be converted back to LNG for
In a recent development, Indian Oil Corporation Limited and Praj Industries Limited signed a term sheet to advance plans to strengthen biofuels production capacities in India. Various biofuels covered under this MoU include Sustainable Aviation Fuel (SAF), Ethanol, Compressed Bio-Gas (CBG), Biodiesel and Bio-bitumen among others. Earlier in October 2021, both the Companies had entered
As an energy transformation at India’s grass-root levels, Anand-based gas cooperative Charotar Gas Cooperative Society Ltd is taking a giant leap towards green hydrogen generation and retailing from the soil of dairy cooperative behemoth Amul. India’s first and only city gas distribution (CGD) player from the cooperative sector – Charotar Gas – is developing a