In Short : Power Minister Manohar Lal Khattar stated that India will continue to rely on thermal power until 2035 to meet growing energy demands. After that, the country plans to scale back thermal power in favor of renewable energy to meet its net-zero carbon emissions goal. This strategy balances current power needs with long-term […]
NTPC and USAID/India sign MoU to develop Roadmap for transforming NTPC Townships and Offices as Net Zero Establishments – EQ
In Short : NTPC Ltd and USAID/India have signed a Memorandum of Understanding (MoU) to develop a roadmap for transforming NTPC’s townships and offices into Net Zero Establishments. The collaboration aims to enhance energy efficiency, integrate renewable energy sources, and adopt sustainable practices, helping NTPC achieve its decarbonization goals and align with India’s larger climate […]
Airtel’s Nxtra Sets Ambitious Net-Zero Goal, Embraces RE100 Initiative
The company claims to have increased its renewable energy use and has contracted 422,000 MWh renewable energy till date Airtel’s data centre arm, Nxtra, has joined the RE100 initiative, a flagship global initiative led by Climate Group in partnership with Carbon Disclosure Project, and has committed to sourcing 100 per cent renewable electricity, the company […]
Most Indians support action on global warming, favour net zero by 2070 – Yale-CVoter survey – EQ
In Short : Most Indians support action on global warming and favor achieving net zero by 2070, according to a Yale-CVoter survey. This widespread backing highlights the nation’s commitment to addressing climate change and pursuing sustainable development goals. In Detail : Report finds that 92% of the 2000+ polled want job training in renewables industry. […]
Aluminium industry needs additional capex to reach net-zero emission: Study – EQ
In Short – A recent study suggests the aluminium industry requires extra capital investment to achieve net-zero emissions. This move underscores the sector’s commitment to environmental sustainability. By allocating resources towards emissions reduction technologies and renewable energy adoption, the industry aims to mitigate its carbon footprint while maintaining production levels. Such investments mark a pivotal […]
Jindal Stainless commits to science-based targets for achieving net zero -EQ
In Short – Jindal Stainless pledges to adopt science-based targets as part of its strategy to achieve net zero emissions. This commitment underscores the company’s dedication to aligning its actions with scientific recommendations, driving progress towards a carbon-neutral future In Detail – Jindal Stainless, the largest stainless steel manufacturer in India, has formally pledged its commitment […]
Hexaware Recognized as Sustainable Organization of the Year at the Net Zero Summit and Awards 2024 – EQ
In Short – Hexaware earns recognition as the Sustainable Organization of the Year at the Net Zero Summit and Awards 2024. This accolade underscores Hexaware’s commitment to sustainability and its efforts in driving positive environmental impact. By championing sustainable practices and initiatives, Hexaware sets a commendable example for businesses worldwide, inspiring others to prioritize environmental […]
Net Zero Targets In Asia’s Four Largest Economies – EQ
In Short – Net-zero targets are gaining traction in Asia’s four largest economies, signaling a collective commitment to combatting climate change. China, Japan, India, and South Korea have all announced ambitious goals to achieve carbon neutrality, reflecting a region-wide shift towards sustainable development. These targets not only demonstrate environmental stewardship but also present […]
Nagpur buildings to become net-zero by 2050 – EQ
In Short : Buildings in Nagpur are set to become net-zero by 2050. This initiative indicates a commitment to sustainability, aiming to achieve a balance between the energy consumed by buildings and the energy generated from renewable sources, ultimately contributing to the reduction of carbon emissions in the city. In Detail : Nagpur : The […]
India needs $101 bn additional financing to reach net-zero targets: Ember – EQ
In Short : According to the analysis by Ember, an energy and climate research organization, India would require an additional $101 billion in financing to achieve its net-zero emissions targets. This significant financial investment would be crucial for India’s transition to a low-carbon economy and the implementation of sustainable energy initiatives. In Detail : New […]