CCUS Policy Framework & Deployment Mechanism

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Carbon Capture Utilization and Storage (CCUS)

India is the 3rd largest emitter of CO2 in the world with estimated emissions 2.6 Gtpa (2019)

Key elements of CCUS Framework

  • Regional hub and cluster models need to be establishes to drive economies of scale

  • CCUS policy based on Carbon credits/incentives, to promote CCUS sector in India

  • Preferential procurement in Government tenders for low carbon or carbon abated products

  • Incentivize carbon capture by establishing regulated emission levels & allowances

  • Protection of communities and jobs especially in sector affected by clean energy regulations

  • De-risk CCUS projects by limiting CO2 liability/ownership in the value chain & monitor through MVA.

Source: PIB

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