New Delhi, Feb 1 (IANS) In a major step toward India’s net-zero ambitions, Finance Minister Nirmala Sitharaman announced a substantial allocation of Rs 20,000 crore over the next five years for Carbon Capture, Utilisation and Storage (CCUS) technologies in the Union Budget 2026-27 presented on February 1.This funding aims to accelerate the deployment of CCUS in hard-to-abate industrial sectors, positioning the country to meet its climate commitments while maintaining economic growth.CCUS involve…
Latest ESG Compliance News & Updates
New Delhi, Jan 20 (IANS) India’s transition to low-carbon green steel is to remain a gradual, long-term process as cost and technological constraints continue to hinder rapid decarbonisation, a report showed on Tuesday.Over the long term beyond 2030, green steel demand in India is projected to accelerate and will be driven by tightening ESG compliance norms, large end-user industries (automotive, infrastructure, capital goods, etc) striving to decarbonise their supply chains, and policy measur…