India Plans 20,000 Crore Rupee Carbon Capture Scheme for Industrial Decarbonization
economictimes.indiatimes.comIndia's power ministry is seeking cabinet approval for a 20,000 crore rupee scheme focused on carbon capture, utilization, and storage (CCUS). The initiative targets heavy industries including steel, cement, and power plants to reduce emissions from hard-to-abate sectors. The program will roll out in phases over several years, supporting technologies like coal gasification and green hydrogen. This move comes as India plans to increase coal-based power capacity to meet baseload demand while attempting to meet climate goals.
