Carbon capture policy on the cards, says Dastur Energy CEO
Business Standard|February 17, 2024
The government is in advanced stages of formulating a policy framework for carbon capture, utilisation and storage (CCUS), Atanu Mukherjee, president and chief executive officer (CEO) of US-based Dastur Energy told Business Standard.
SUBHAYAN CHAKRABORTY
Carbon capture policy on the cards, says Dastur Energy CEO

"There are all indications that it is moving forward, in terms of some kind of a policy instrument to support CCUS," Mukherjee said.

The policy may be structured like a production-linked incentive (PLI) scheme, similar to the ones announced by the Centre for green hydrogen in June 2023, and coal gasification last month.

CCUS involves the capture of CO2 from large point sources, including power generation or industrial facilities that use either fossil fuels or biomass for fuel, and its processing into value-added products. These include green urea, building materials such as concrete, and chemicals like ethanol and methanol.

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