Kolkata Municipal Corp to join 72 global cities on fossil fuel vow

19 Sep 2022 CW Team

Kolkata has become the first Indian city to join the network of 72 global cities with its endorsement of a 'fossil fuel-free and climate-resilient future' through a set of short-term and long-term goals. Kolkata mayor Firhad Hakim signed the fossil fuel non-proliferation treaty propagated by Climate Action Network of South Asia (CANSA) to join the league of cities attempting to dramatically reduce carbon emission.

By signing the treaty, Kolkata Municipal Corporation (KMC) requires to phase out fossil fuels by applying equity principles, paving the path for a smooth energy transition. Kolkata joins Paris, Los Angeles, Vancouver, Lima and 60 other civic bodies and become the largest city to support the international initiative to phase out oil, gas, and coal production responsible for more than 80 per cent of CO2 emissions in the last decade.

Kolkata, home to more than 14 million people, is among the top 10 cities worldwide that face the most dangerous multi-hazard risks like cyclones, floods, droughts, earthquakes and landslides. It is most vulnerable to disaster-related mortality. Its rapid urbanization and near-complete dependence on fossil fuels make the city's air quality extremely poor. At the same time, the international scientific consensus is clear: to protect human and planetary health, we need a rapid, equitable phase out of fossil fuels globally.

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..