The framework introduces a credit-debit mechanism that allows manufacturers exceeding their fleet-efficiency targets to generate tradable credits
Sitharaman also identified greater use of scrap-based steelmaking powered by renewable energy as a practical route to reducing emissions from the sector
UltraTech's current green energy capacity of 2,024 MW comprises 1,580 MW of renewable energy capacity and 444 MW of WHRS capacity
Carbon must become part of industrial investment decisions, as future carbon costs, regulation and market access could reshape the economics of long-life assets
CleanMax and Nuvoco will develop a 46.4 MW wind-solar hybrid project in Rajasthan to supply renewable power to cement operations
UltraTech’s Kukurdih Cement Works has met 100 per cent of its electricity requirements through green energy since April 2026
Europe's experience after the 2022 energy crisis offers an important lesson. The continent moved quickly to add renewable energy and reduce its reliance on Russian gas
Oyster Renewable will develop a 48 MWp solar-wind hybrid project in Andhra Pradesh for MS Agarwal Foundries, generating an estimated 12.2 crore units annually and avoiding 86,620 tonnes of CO₂
The project will be developed in Chhatrapati Sambhajinagar district
The tractor manufacturer has already moved from sourcing no renewable electricity until June this year to meeting 50 per cent of its energy requirement through solar power
The state’s position is supported by a combination of renewable energy availability, transmission infrastructure, water resources, an established pipeline network and demand from heavy industries
The additional capacity could generate annual savings of Rs 6,200-6,700 crore, translating into a payback period of around 1.8-2.2 years
The last date for submitting proposals is October 7
As India’s CCUS ecosystem advances towards commercial deployment, financing, infrastructure and viable markets remain hurdles
