Tag: CCUS
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Financial Incentives to Promote Carbon Capture, Utilization and Storage (CCUS): To Support the Setting Up of Pilot Plants That Can Capture 500 tonnes of CO2 Per Day -Niti Ayog
Financial Support for CCUS Initiatives The Indian government is crafting a policy framework to implement financial incentives aimed at promoting carbon capture, utilization, and storage (CCUS) technologies. This framework includes mechanisms such as viability gap funding, carbon pricing, and subsidies to encourage investments in CCUS initiatives. The Union power ministry, NITI Aayog and the office…