Lok Sabha passes bill to promote use of non-fossil fuels

11 Aug 2022 CW Team

The Lok Sabha has passed a bill seeking to promote the use of non-fossil fuels, including ethanol, green hydrogen and biomass, to help the country achieve its international commitments with respect to climate change goals.

Piloting the Energy Conservation (Amendment) Bill, 2022, Power Minister R K Singh said "this is the bill for the future" and added that the renewable energy capacity addition in the country was the fastest in the world.

The bill was passed by the house after rejecting amendments moved by some Opposition members.

Among other things, it provides for penalties for violations by industrial units or vessels as well as on manufacturers if a vehicle fails to comply with fuel consumption norms.

"With the passage of time, and in the context of the energy transition with special focus on the promotion of new and renewable energy and National Green Hydrogen Mission, a need has arisen to further amend the said Act to facilitate the achievement of 'Panchamrit' as five nectar elements presented by India in Conference of Parties -26 in Glasgow last year," says the Statement of Objects and Reasons of the bill.

The amendments also seek to promote renewable energy and the development of a domestic carbon market to battle climate change.

Further, the bill seeks to introduce new concepts such as carbon trading and mandate the use of non-fossil sources to ensure faster decarbonisation of the Indian economy and help achieve sustainable development goals in line with the Paris Agreement.

Real Estate

13 Jan 2026

ANAROCK Launches Project Management And Engineering Arm

ANAROCK has announced the strategic launch of its Project Management & Engineering Services (PMES) vertical, marking a major expansion of its real estate capabilities. The move positions the company as a comprehensive, one-stop solutions provider offering seamless project delivery from concept to completion. The PMES vertical has commenced operations with more than 500 professionals and 42 active client contracts. It is expected to generate over Rs 1.25 billion in revenue in FY 2026–27, contributing significantly to ANAROCK’s group-wide revenue target of Rs 11 billion. The company has out..

Seequent To Showcase Geoscience Tech At FMF 2026

Seequent will participate in the fifth edition of the Future Minerals Forum, scheduled to take place in Riyadh from 13 to 15 January 2026. The company will present its geoscience technologies, underscoring its role in advancing data-driven mineral exploration in Saudi Arabia and engaging with industry leaders on the future of the regional mining sector. The participation aligns with Seequent’s commitment to supporting the objectives of Saudi Vision 2030 and highlights its involvement in major mining projects across the Kingdom. Visitors will be able to explore Seequent’s integrated suite ..

Maruti Suzuki, Indian Oil Tie Up For Service At Fuel Stations

Maruti Suzuki India Limited has signed a memorandum of understanding with Indian Oil Corporation Limited to establish vehicle service facilities at select Indian Oil fuel retail outlets across the country. The partnership aims to make car servicing more convenient by offering maintenance support at locations frequently visited by customers. Under the initiative, customers will be able to access routine maintenance, minor repairs and select major services at these facilities. The move is expected to further strengthen Maruti Suzuki’s after-sales footprint, which already includes more than 5,..