Cairn Oil & Gas Cuts 229000 Tonne Carbon aims for Net Zero by 2030

26 Dec 2024 CW Team

Cairn Oil & Gas, a part of the Vedanta Group, announced in its FY’24 Sustainability Report that it had reduced carbon emissions by 229,000 tonnes over the past four years and is ramping up efforts to achieve Net Zero by 2030. Hitesh Vaid, the Chief Financial Officer of Cairn Oil & Gas, stated that the company remains committed to sustainable transformation in the energy sector as it celebrates 30 years of energizing India.

In FY’24, Cairn invested Rs 740 million in emission reduction initiatives and completed feasibility studies for Carbon Capture, Utilisation, and Storage (CCuS) at its Aishwariya Barmer Hills operations. Priya Agarwal Hebbar, Non-Executive Director of Vedanta, mentioned that the company's focus is on aligning economic ambitions with environmental and social responsibilities.

The company also reported a 60 per cent reduction in gas flaring volume and maintained a 96 per cent water recycling rate, exceeding global standards. Its community initiatives in FY’24 impacted 24.9 million lives, bringing the total social impact to 192 million over four years. Cairn’s E-kaksha program benefited 23.5 million students, surpassing its 2030 target of 9 million.

Vaid highlighted that Cairn’s initiatives reflect its efforts to transform the energy sector responsibly while uplifting communities and creating shared value. Additionally, Cairn signed agreements to plant one million trees as part of its goal to plant two million trees by 2030.

Real Estate

01 Dec 2025

Serene, Gardencity to Develop Rs 3 Billion Senior Living Project in Bengaluru

Serene Communities, a leading senior living brand, has partnered with Gardencity Realty to develop a premium senior living community in Budigere, one of Bengaluru’s fastest-growing residential micro-markets. The project will span approximately 300,000 sq ft, with a Gross Development Value of about Rs 3 billion, and will add roughly 250 senior-friendly residences to the city’s growing retirement housing segment.The launch forms part of Serene Communities’ national expansion strategy. The company has 11 new projects under development with a planned investment of Rs 25 billion that will add..

Alliance City Developers Marks Major 2025 Milestones in Vile Parle

Alliance City Developers Realtors has announced significant project milestones and expansions in 2025, underscoring what the company terms a transformational year. The developer completed multiple residential projects and launched two premium developments in Vile Parle (East), one of Mumbai’s most sought-after neighbourhoods.During the year, Alliance Legacy in Matunga (East) received its Occupancy Certificate (OC), while Alliance Eternis in Borivali (West) and Alliance Vista in Vile Parle (East) were granted Completion Certificates (CC), marking final project delivery. Alliance Abhimanyu is ..

Moro Hub and PwC Middle East Partner to Accelerate Smart City Solutions

Moro Hub, a subsidiary of Digital DEWA, the digital arm of Dubai Electricity and Water Authority (DEWA), has announced a strategic collaboration with PwC Middle East to advance Smart City, Integrated Command Centre (ICC), Critical Infrastructure Monitoring and Internet of Things (IoT) initiatives across the region. The partnership brings together Moro Hub’s digital infrastructure and IoT capabilities with PwC’s global expertise in digital trust, smart city strategy and cybersecurity to support the UAE’s vision for intelligent and sustainable cities.“Our collaboration with PwC Middle Ea..