New Delhi: Niti Aayog yesterday launched the carbon capture utilisation and storage (CCUS) policy framework and its Deployment Mechanism in India.  The report was launched by Vice Chairman Niti Aayog Suman Bery, in the presence of Power secretary Alok Kumar, Dr V Saraswat, member Niti Aayog and other officials in New Delhi. The report was prepared on the valuable inputs provided by the various stakeholders from the  Energy and Power Sector (E&P).

Earlier the government had put the draft policy titled '2030 Roadmap for CCUS for Upstream E&P companies in the public domain for suggestions from all the stakeholder's holders in the country. The purpose of CCUS policy framework is to develop and implement a practicable framework to accelerate

research and development on carbon capture, utilisation and storage in India.

As India is the third largest emitter of CO2 in the world after China and the US about 2.6 gigatonne per annum, carbon capture utilisation and storage is an essential imperative for India to reach its Decarbonisation Goals. At COP 26 late year in Glasgow, Prime Minister Narendra Modi announced panchamrit to mitigate climate change including achieving net zero by 2070. The government of India has also committed to reducing CO2 emissions by 50 percent by 2050.

Speaking at the event Vice Chairman of Niti Aayog Suman K. Bery said, that CCUS has an important and critical role to play for India to achieve net zero by 2070.

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