PM-STIAC maps path for carbon capture technology to achieve net zero by 2070
POWER & RENEWABLE ENERGY

PM-STIAC maps path for carbon capture technology to achieve net zero by 2070

In a significant move towards its climate goals, India convened the 25th meeting of the Prime Minister's Science, Technology & Innovation Advisory Council (PM-STIAC) on Monday, highlighting the vital role of Carbon Capture, Utilisation, and Storage (CCUS) technologies. This strategy aims to cut emission intensity by 45% by 2030 and achieve net zero by 2070.

Held at Vigyan Bhawan Annexe and chaired by Professor Ajay Kumar Sood, the meeting brought together key government officials and industry experts. The focus was on accelerating the deployment of CCUS technology across various hard-to-abate sectors. Dr. V.K. Saraswat, Member of Science and Technology at NITI Aayog, emphasised that CCUS technologies are essential for meeting the 2030 and 2070 climate targets. He highlighted the importance of the technical committees established by NITI Aayog's Advisory Committee in developing a practical policy framework for these initiatives.

The session included detailed discussions on the reports from these committees, covering all aspects of CO2 capture, utilisation, transportation, and storage. Rajnath Ram, Advisor/Head of Energy at NITI Aayog, led the first session with a presentation on the committee's findings. He outlined a roadmap for creating a robust CCUS policy framework in India.

Further presentations from industry experts showcased the development of a complete CCUS value chain tailored to the Indian context. They also highlighted initiatives by power generation companies to integrate CCUS technologies into their operations. Discussions extended to the creation of a national portal for CCUS projects, intended to foster collaboration among all stakeholders. A representative from the Department of Science and Technology noted that such a platform would centralise efforts and streamline implementation processes across various ministries and departments.

In his closing remarks, Professor Sood called for a mission-mode approach to drive nationwide adoption of CCUS technologies. He proposed that the Ministry of Power should take the lead as the nodal agency, in collaboration with other relevant ministries. This proposal received broad support, marking a unified step forward in India's environmental strategy.

(Source: ET)

In a significant move towards its climate goals, India convened the 25th meeting of the Prime Minister's Science, Technology & Innovation Advisory Council (PM-STIAC) on Monday, highlighting the vital role of Carbon Capture, Utilisation, and Storage (CCUS) technologies. This strategy aims to cut emission intensity by 45% by 2030 and achieve net zero by 2070. Held at Vigyan Bhawan Annexe and chaired by Professor Ajay Kumar Sood, the meeting brought together key government officials and industry experts. The focus was on accelerating the deployment of CCUS technology across various hard-to-abate sectors. Dr. V.K. Saraswat, Member of Science and Technology at NITI Aayog, emphasised that CCUS technologies are essential for meeting the 2030 and 2070 climate targets. He highlighted the importance of the technical committees established by NITI Aayog's Advisory Committee in developing a practical policy framework for these initiatives. The session included detailed discussions on the reports from these committees, covering all aspects of CO2 capture, utilisation, transportation, and storage. Rajnath Ram, Advisor/Head of Energy at NITI Aayog, led the first session with a presentation on the committee's findings. He outlined a roadmap for creating a robust CCUS policy framework in India. Further presentations from industry experts showcased the development of a complete CCUS value chain tailored to the Indian context. They also highlighted initiatives by power generation companies to integrate CCUS technologies into their operations. Discussions extended to the creation of a national portal for CCUS projects, intended to foster collaboration among all stakeholders. A representative from the Department of Science and Technology noted that such a platform would centralise efforts and streamline implementation processes across various ministries and departments. In his closing remarks, Professor Sood called for a mission-mode approach to drive nationwide adoption of CCUS technologies. He proposed that the Ministry of Power should take the lead as the nodal agency, in collaboration with other relevant ministries. This proposal received broad support, marking a unified step forward in India's environmental strategy. (Source: ET)

Next Story
Infrastructure Energy

Centre suggests states to list power firms

Power Minister Manohar Lal urged states and union territories to consider listing their power generation, transmission, and distribution companies on stock exchanges to attract investment and improve operational efficiency. Addressing the media, after a conference of power ministers, Lal highlighted the need for increased capital inflows to meet India’s rising power demand, which has placed added strain on the sector. “With the growing power demand, there is a growing need for investment in the sector and improving operational efficiencies. States may identify and take up utilities for lis..

Next Story
Infrastructure Transport

Metro on backburner as Tricity set to get new e-buses circuit

To boost connectivity for the commuters of the Tricity, a new circuit-cum-network of electric buses (e-buses) is all set to come up that will cover Chandigarh, Panchkula, and Mohali. The move comes days after Union Minister for Housing and Urban Affairs Manohar Lal Khattar said that in Chandigarh the ridership is not according to the criteria set for operating a Metro. He had also said that the option of a pod taxi can also be explored as it will not impact the heritage of the Union Territory (UT).Officials stated that the e-buses decision intends to provide an eco-friendly public transportati..

Next Story
Infrastructure Energy

Rajasthan government plans to develop hi-tech city near Jaipur

On the lines of Gujarat International Finance Tech (GIFT) City and Hyderabad Information Technology and Engineering Consultancy (HITEC) City, Raj govt is gearing up to develop a "hi-tech city" close to Jaipur. Recently, Boston Consulting Group – a multinational consulting firm – gave a presentation on the concept of hi-tech cities, follwing which the state govt has started looking for suitable land on outskirts of Jaipur. "We are going to construct a hi-tech city on the outskirts of Jaipur. We are trying to ascertain the amount of land required for core areas of the city and for areas wh..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000