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News on Medial
Gail advances its net zero emissions target by five years
Livemint
·
1y ago
Medial
India's top natural gas supplier, GAIL (India) Ltd, has advanced its target to eliminate carbon emissions by 2035, five years earlier than planned. The company aims to achieve this by implementing various measures such as electrification, renewable energy adoption, and afforestation. GAIL recently commissioned its first green hydrogen plant and is also working on setting up solar power facilities. This move aligns with India's broader net-zero commitments and reflects the company's efforts to reduce emissions within its operations. Other public sector energy companies in India have also set ambitious net-zero targets.
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Amazon makes first investment in direct air capture climate technology
Economic Times
·
1y ago
Medial
Amazon will purchase the credits from the 1PointFive direct air capture (DAC) plant in Texas, which is being developed by oil company Occidental's Oxy Low Carbon Ventures subsidiary and will use them to help meet its climate target of net zero carbon emissions by 2040.
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HPCL to invest $231 mn to build 24 compressed biogas plants in India
Economic Times
·
1m ago
Medial
Hindustan Petroleum Corp Ltd (HPCL), an Indian state fuel retailer, plans to invest approximately $231 million in developing 24 compressed biogas plants over the next two to three years. This initiative aligns with India's efforts to use organic waste, reduce carbon emissions, and achieve its 2070 net-zero target. The project will increase biogas production capacity and support India's gas needs, aiming to raise gas usage in its energy mix from 6% to 15% by 2030.
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UP will generate 20,000 MW of renewable energy by 2027: CM Adityanath
Economic Times
·
1m ago
Medial
Uttar Pradesh, led by Chief Minister Yogi Adityanath, plans to generate 20,000 megawatts of renewable energy by 2027. This initiative supports Prime Minister Narendra Modi's net-zero emissions target by 2070. Adityanath underscored the role of Central Electronics Limited (CEL) in this energy transition. CEL is developing a greenfield data centre and has signed a MoU for 200 megawatts of solar modules, showcasing its growth and contribution to India's industrial resurgence.
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Adani Airports Secures $1 Billion Liftoff for Expansion Plans
StartupTalky
·
1m ago
Medial
Adani Airports Holdings Limited secured $1 billion in funding for its Mumbai International Airport through a project finance framework, facilitated by Apollo-managed funds and international investors. The funding includes $750 million in notes maturing in 2029 and a provision for raising an additional $250 million. This investment, the first private bond offering in India's airport sector to receive an investment-grade rating, supports infrastructure expansion and MIAL's net-zero emissions target by 2029.
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Tata Steel more than doubles Odisha plant capacity at Rs 27,000 crore investment
Money Control
·
10m ago
Medial
Tata Steel has completed an expansion of its Odisha facility, making it the company's largest investment destination in India. The expansion includes the commissioning of India's largest blast furnace, which increases the plant's total capacity from 3 million tonnes per annum (MTPA) to 8 MTPA. This boost in production capacity will help Tata Steel meet the demands of industries such as automotive, infrastructure, power, shipbuilding, and defence. Additionally, Tata Steel has set a Net Zero emissions target by 2045.
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Amazon’s greenhouse gas emissions are increasing.
The Verge
·
22d ago
Medial
Amazon's greenhouse gas emissions increased by 6% due to the expansion of data centers for AI, according to its latest sustainability report. This rise in emissions moves the company further from its 2019 goal of achieving net zero carbon emissions. The report highlights the challenge of meeting growing energy demands for data centers as Amazon scales its AI capabilities. This is part of a broader trend where tech companies face sustainability challenges with expanding operations.
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Mint Explainer: Why is India blending more ethanol with petrol?
Livemint
·
16d ago
Medial
India began blending ethanol with petrol in 2003 to cut carbon emissions and reduce its import bill. By March 2025, it reached its goal of blending 20% ethanol, notably achieving this five years ahead of its 2030 target. The government now aims to further increase ethanol content in petrol blends. However, some customers express dissatisfaction, possibly due to concerns over vehicle performance or mileage with higher ethanol blends.
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Govt revises biomass guidelines to boost bio energy and ease of doing business
Economic Times
·
1m ago
Medial
The Indian government has revised the guidelines for the Biomass Programme under Phase-I of the National Bioenergy Programme to promote cleaner energy, ease of doing business, and accelerate biomass technology adoption. Key changes include simplified processes, reduced documentation, and performance-based subsidies. The revisions aim to enhance stubble management, address air pollution, and support the establishment of biomass-based plants, particularly benefiting MSMEs and supporting India's net-zero emissions target by 2070.
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Tata Motors aims to achieve net zero greenhouse gas emissions by 2045, says executive
IndianStartupNews
·
1y ago
Medial
Tata Motors aims to achieve net-zero greenhouse gas emissions across its manufacturing facilities by 2045, according to Executive Director Girish Wagh. The company is actively employing electric and hydrogen fuel technologies to reach this target. Wagh highlighted that Tata Motors is committed to investing Rs 2,000 crore annually in its commercial automotive business. The transition to zero-emission technologies will encompass battery electric and hydrogen solutions, with a focus on hydrogen internal combustion engines. A manufacturing facility for these technologies is being established in partnership with the Jharkhand government. Over 80% of Tata Motors' heavy commercial vehicles are produced in Jharkhand, and the company is working to enable the Jamshedpur facility for zero-emission technologies. An initial investment of over Rs 350 crore will go into the hydrogen facility.
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GAIL signs MoU with Karnataka Government to develop 1 GW RE
YourStory
·
3m ago
Medial
GAIL (India) Limited signed an MoU with the Karnataka Government to develop 1 GW of renewable energy capacity, investing Rs 5,000 crore. Aiming for 100% reduction in Scope 1 and Scope 2 emissions by 2035, GAIL requires 3,500 MW for captive use, with its current portfolio at 135 MW. The partnership will explore various renewable projects, boosting Karnataka's position as a green energy hub and enhancing employment and infrastructure development.
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