ARTICLE | Carbon Neutrality in Public Sector
PSUs: Driving India’s quest for carbon neutrality Public Sector Undertakings (PSUs) in India have been significant stakeholders in the country’s economic development. Due to their presence across some of the key sectors such as oil, gas, energy, metal, minerals, and infrastructure, greenhouse gas (GHG) emission is an area of concern. Thus, their role is crucial in making India carbon neutral Hitesh Nigam | Reporter
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ne component of India’s goal to achieve the targets set by the Paris Climate Accord is to ensure that 40 per cent of our total installed power capacity is sourced from renewable sources by 2030. India’s current energy mix of non-fossil fuel based sources, including large
30 October 2021 | www.urbanupdate.in
hydropower plants, is already at about 37 per cent. “Global 250 Greenhouse Gas Emitters” report by Thomson Reuters released in 2017 found three Indian PSUs (Coal India Limited, National Thermal Power Corporation Limited and Oil & Natural Gas Corporation) in the list of 100 companies with most amount of carbon emissions in the
world. However, the carbon footprint of these firms is inevitable in a country like India where the economy is still developing.
Success story of CIL
In 2017, CIL (Coal India Limited) accounted for more than 80 per cent of the total carbon emissions in India, which is a shocking number. On the
