Adani Low Carbon Chemicals, E20 Fuel Policy, and India UK Trade Deal: Weekly Business Roundup
techstory.inThis week's business news includes Adani Enterprises entering low carbon chemical manufacturing through a partnership with French clean tech firm Dioxycle. The pilot plant will produce formic acid using captured CO2 and renewable electricity, with plans to scale up if successful. The move aligns with India's sustainability goals and shows growing interest in carbon capture and utilization technologies. The government also clarified why E20 fuel with 20% ethanol is not cheaper than regular petrol. Officials said the pricing structure ensures farmers get fair compensation for ethanol production, especially when global crude oil prices stay around $70 per barrel. The policy supports India's ethanol blending programme aimed at reducing crude imports and emissions. Other notable stories include the India-UK trade deal allowing lower duty car imports, TCS shares rallying on AI growth optimism, and NMDC cutting iron ore prices. The Adani-Dioxycle partnership and E20 fuel policy are the most relevant for those tracking low carbon industry and emissions policy in India.
