Office Address
123/A, Miranda City Likaoli Prikano, Dope
Phone Number
+0989 7876 9865 9
+(090) 8765 86543 85
Email Address
info@example.com
example.mail@hum.com
123/A, Miranda City Likaoli Prikano, Dope
+0989 7876 9865 9
+(090) 8765 86543 85
info@example.com
example.mail@hum.com
The companies are
committing large investments towards energy transition, particularly in the
renewable space, an oil ministry journal on net-zero plans has said. The first-of-its kind report, which was
released on August 25, list various steps being taken by these companies to
reduce emissions and their carbon footprint.
India’s largest oil
and gas explorer ONGC said the company is advancing in the field of CCUS with a
capacity to sequester 2.21 million MT of CO2 emissions.“This technology is vital for reducing the carbon intensity of
industrial processes and achieving long-term sustainability targets,” the
company said.
CCUS is a set of
technologies that capture carbon dioxide and use it or store it safely to prevent
it from contributing to climate change. These technologies can also remove
existing CO2 from the atmosphere. There is debate over its feasibility, with
critics saying it is too expensive to be viable.
In the Budget FY25,
Finance minister Nirmala Sitharaman said the Centre planned to introduce a
policy for hard-to-abate industries to nudge them towards lower emissions.
