Roshnee aimed at 850 MT of carbon emission reduction in one decade

The Centre’s Roshnee scheme has been aimed at reducing at least 850 million tonne of carbon emission from the system in the next one decade as a step towards achieving its net zero pledge by 2070.

Union power secretary Alok Kumar, at an ICC organised energy summit, said Roshnee, the main vehicle to achieve 1-billion tonne of carbon emission reduction, has projected an ambitious target of reducing 45% of emission from the industrial sector, 20% from the domestic sector, 11% from the agricultural sector, 13% from the transport sector, 8% from the commercial sector and 2% from the municipal sector. “This will culminate in reducing 850 million tonne of carbon emission in the next one decade,” Kumar added.

The forth coming Budget is likely to make an allocation of Rs 10,000 crore to implement Roshnee. The scheme was initially proposed to be floated with a corpus of Rs 5,000 crore.

Kumar said renewable energy generation (targeted at 500 GW by 2030, meeting 50% of the country’s energy requirement) would not suffice in achieving net zero targets, and nuclear energy was required for the purpose.

financial express
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