Centre plans Rs 39 ,000 crore carbon capture programme with phased rollout

New Delhi: The Centre is preparing a carbon capture utilisation and storage (CCUS) programme that would likely cost ₹38,900 crore, and plans to commit a little over half the total outlay, people aware of the programme told ET.

Besides the ₹19,500 crore of government commitments, bank loans and funding from multilateral institutions are among the options under consideration to fund the rest of the programme, said the people cited above. “The scheme will have various sub schemes, some of which may get 100% government support like that of R&D,” said a government official, who declined to be named. “In others, it varies from 40% to 50%.”