亚博体育官网首页

Cement Industry Needs 35-45% Emissions Cut for Net-zero by 2070
Cement

Cement Industry Needs 35-45% Emissions Cut for Net-zero by 2070

The Indian cement sector, responsible for 5.8 per cent of the country鈥檚 total CO? emissions, requires the adoption of carbon capture, utilisation, and storage (CCUS) technologies to achieve a 35-45 per cent reduction in emissions and meet the net-zero target by 2070. This need was highlighted at a workshop organized by NITI Aayog at Vigyan Bhawan.

Titled "Carbon Capture, Utilization, and Storage (CCUS) in the Indian Cement Sector," the workshop brought together government officials, industry leaders, researchers, and academicians to discuss decarbonisation strategies. The Indian cement industry, with an installed capacity of 600 million tonnes and an annual production of 391 million tonnes, plays a critical role in the country鈥檚 infrastructure development and economy.

Prof Ajay Kumar Sood, Principal Scientific Adviser to the Prime Minister, stated that CCUS is an essential tool for addressing emissions in the cement sector, which is crucial for meeting India鈥檚 long-term climate goals. He stressed the need to balance economic growth with environmental targets and advance research and development to overcome challenges in decarbonizing this hard-to-abate sector.

Dr VK Saraswat, Member of NITI Aayog, noted that the cement industry is a key player in the Asia-Pacific region, which is witnessing rapid growth in the global cement market. He emphasised that carbon capture and utilization technologies, along with clean energy initiatives, are vital for reducing emissions in the cement sector. He also highlighted the role of carbon pricing and climate finance in supporting decarbonisation efforts.

India holds significant potential for CCUS, with regions like the Krishna-Godavari Basin, Deccan Traps, and mature oil and gas fields offering substantial CO? storage capacity. Innovative utilisation pathways, such as producing methanol, biodegradable plastics, and value-added chemicals, were discussed as potential solutions for creating a low-carbon future.

Pankaj Agarwal, Secretary of the Ministry of Power, shared that the government is preparing a comprehensive CCUS Mission to support these efforts. Ranjith Rath, CMD of Oil India, emphasised the need for innovative solutions and geo-sequestration techniques to mitigate emissions effectively.

The Indian cement sector, responsible for 5.8 per cent of the country鈥檚 total CO? emissions, requires the adoption of carbon capture, utilisation, and storage (CCUS) technologies to achieve a 35-45 per cent reduction in emissions and meet the net-zero target by 2070. This need was highlighted at a workshop organized by NITI Aayog at Vigyan Bhawan. Titled Carbon Capture, Utilization, and Storage (CCUS) in the Indian Cement Sector, the workshop brought together government officials, industry leaders, researchers, and academicians to discuss decarbonisation strategies. The Indian cement industry, with an installed capacity of 600 million tonnes and an annual production of 391 million tonnes, plays a critical role in the country鈥檚 infrastructure development and economy. Prof Ajay Kumar Sood, Principal Scientific Adviser to the Prime Minister, stated that CCUS is an essential tool for addressing emissions in the cement sector, which is crucial for meeting India鈥檚 long-term climate goals. He stressed the need to balance economic growth with environmental targets and advance research and development to overcome challenges in decarbonizing this hard-to-abate sector. Dr VK Saraswat, Member of NITI Aayog, noted that the cement industry is a key player in the Asia-Pacific region, which is witnessing rapid growth in the global cement market. He emphasised that carbon capture and utilization technologies, along with clean energy initiatives, are vital for reducing emissions in the cement sector. He also highlighted the role of carbon pricing and climate finance in supporting decarbonisation efforts. India holds significant potential for CCUS, with regions like the Krishna-Godavari Basin, Deccan Traps, and mature oil and gas fields offering substantial CO? storage capacity. Innovative utilisation pathways, such as producing methanol, biodegradable plastics, and value-added chemicals, were discussed as potential solutions for creating a low-carbon future. Pankaj Agarwal, Secretary of the Ministry of Power, shared that the government is preparing a comprehensive CCUS Mission to support these efforts. Ranjith Rath, CMD of Oil India, emphasised the need for innovative solutions and geo-sequestration techniques to mitigate emissions effectively.

Next Story
Infrastructure Urban

3i Infotech Reports Rs 7.25 Bn Revenue for FY25

3i Infotech, a leading provider of digital transformation, technology services and technology solutions, announced its consolidated financial results for the fourth quarter and full year FY25, ended on March 31st, 2025. The company maintained its growth momentum, displaying consistent progress for the 3rd consecutive quarter.In Q4 FY25, 3i Infotech reported revenue of Rs 1.87 billion, reflecting steady performance compared to Rs 1.81 billion in Q3 FY25 and Rs 1.97 billion in Q4 FY24. The company delivered strong profitability improvements, with gross margin growing by 14.8 per cent Q-o-Q and 1..

Next Story
Infrastructure Urban

Emerald Finance Joins Baya PTE to Boost SME Bill Discounting

Emerald Finance is a dynamic company offering a spectrum of financial products and services including its flagship Earned Wage Access (EWA) in India, has entered into a strategic partnership with Singapore-based Baya PTE through its Indian subsidiary. This collaboration aims to strengthen bill discounting services for Small and Medium Enterprises (SMEs), enabling faster access to working capital and improved cash flow management.The initiative is designed to support SMEs that supply to large corporates such as JSW Steel, Delhivery, and PVR INOX, among others. By facilitating timely invoice dis..

Next Story
Infrastructure Urban

BLS E-Services Crosses Rs 5 Bn Revenue Mark in FY25

BLS E-Services, a technology-enabled digital service provider, announced its audited consolidated financial results for the quarter and full year period ended 31 March 2025.Speaking about the performance and recent updates, Shikhar Aggarwal, Chairman, BLS E- Services said, 鈥淲e are delighted to report a remarkable performance in FY25, as we achieved several milestones during the fiscal year. FY25 marked our highest-ever financial performance, as we surpassed Rs 5 billion milestone in Total Income during the year, which was reported at Rs 5.45 billion, a notable YoY growth of 76 per cent. The ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement