The Indian government is investing ₹20,000 crore (not ₹2,000 crore) to promote Carbon Capture, Utilisation, and Storage (CCUS) over the next 5 years. The financial framework, designed to help heavy industries transition to net-zero by 2070, is currently undergoing final Cabinet approval and implementation processes.
The Indian government is investing ₹20,000 crore (not ₹2,000 crore) to promote Carbon Capture, Utilisation, and Storage (CCUS) over the next 5 years. The financial framework, designed to help heavy industries transition to net-zero by 2070, is currently undergoing final Cabinet approval and implementation processes.
Here are the critical details regarding this framework:
Target Sectors: -
The outlay specifically aims to scale carbon management technologies in five high-emitting, "hard-to-abate" industries: power, steel, cement, refineries, and chemicals.
Funding & Scale: -
The ₹20,000 crore outlay focuses on bridging the gap between small-scale pilot projects and large-scale industrial deployment. This includes an initial allocation of ₹500 crore under the Ministry of Power for FY 2026–27.
Policy Backing: -
The scheme builds on the National CCUS Roadmap released by the government, shifting focus from experimental pilots to commercial development through Public-Private Partnerships (PPPs) and industrial testbeds.
MJF Lion ER YK Sharma
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