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Power ministry to seek July Cabinet nod for ₹20000 crore carbon capture scheme
Economy
Published on 6 May 2026
Cabinet approval in July for a vast carbon catch plan
India’s power ministry plans to push a ₹20,000 crore carbon capture scheme to the Cabinet, with approval expected by July. The program targets emission cuts from major sectors including power, steel, and cement, aiming to accelerate decarbonisation while keeping pace with growing energy demand. If cleared, it could reshape how high-emitting industries reduce their footprint.
- Cabinet approval for the ₹20,000 crore scheme is targeted for July
- Carbon capture plan focuses on power, steel, and cement sectors
- Aims to cut emissions while supporting energy and industrial needs
- Part of broader decarbonisation push under climate goals
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times