Featured Projects CLEAN ENERGY TRANSITION . CARBON MANAGEMENT FOR INDUSTRY
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NITI Aayog
Governments & Institutions

NITI Aayog, Nodal Public Policy and Economic Development Agency, Government of India.

Project Description

Develop a policy framework and implementation roadmap to decarbonize India’s power and hard-to-abate industrial sectors using CCUS pathways.

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Client Objectives

NITI Aayog, the GOI’s apex policy think tank, selected Dastur Energy to study and prepare a framework for CCUS policies, financed through their research scheme.

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Solution Description

Dastur carried out a comprehensive study to formulate the policy framework and a viable economic model for implementing CCUS in India. The study included:

  • An estimation of current and forecasted CO2 emissions from key emitting sectors –power, steel, oil & gas refineries, cement, and fertilizers & chemicals.
  • An overview of the techno-economics of carbon capture in each sector – most appropriate technology and tentative cost of capture in each.
  • Evaluation of options, opportunities and costs for CO2 disposal – utilization and storage.
  • Role and roadmap for CCUS to contribute to the decarbonization targets of India.
  • Policy framework, regulations, financial support & incentives, business models and institutional mechanisms for enabling commercial-scale CCUS.
  • Financial options for the Government of India to fund CCUS projects in a budget neutral manner.
  • Action steps required to take CCUS forward in India.
  • Specific opportunities for international collaboration

FINANCIAL METRICS

Findings

CCUS enabled reduction in CO2 emission by 2050: 30%, i.e.

750
mtpa

Anticipated positive impact on Indian GDP: $100-150 billion over

30
years
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Impact

  • Seminal work that offers a policy and implementation roadmap for CCUS in India.
  • Identifies policy mechanisms, incentive structures, government support and funding options to enhance CCUS.
  • Offers CCUS pathways that can result in a positive impact on GDP, employment, energy & materials security and import substitution.

THE TIME IS NOW.
TURN CHALLENGE
INTO OPPORTUNITY.

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