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Many industries have limited options to decarbonise

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In the light of the recent announcement by NTPC of using Carbon Clean’s CDRMax™ carbon capture technology, Prateek Bumb, Co-Founder & CTO, Carbon Clean Solutions Limited, discusses their technology and its impact on industrial decarbonisation.

Tell us about the design and carbon capture power of the NTPC Power Plant by Carbon Clean.
The carbon capture plant is designed to capture 20 tonnes of carbon dioxide (CO2) per day, from the flue gas of Unit-13 of the Vindhyachal Super Thermal Power Station. The CO2 will eventually be combined with hydrogen to produce 10 tonnes per day of methanol through a catalytic hydrogenation process.
Carbon Clean’s CDRMax™ carbon capture technology is being used for this demonstration project, which is the first step toward decarbonising the power plant. The objectives of the project are to review the economics, design optimisation and waste heat utilisation, in order to further reduce the overall cost of carbon capture and utilisation. Evidence suggests that it will be both feasible and cost-effective, by using our carbon capture technology – CDRMaxTM.

What is the key technology backing the power plant?
Carbon Clean’s CDRMax™ carbon capture technology can be used with point source gases that contain CO2 concentrations between 3 per cent and 25 per cent by volume and produces CO2 with purities greater than 99 per cent, which can then be sold, reused or sequestered.
The CDRMax™ process uses Carbon Clean’s proprietary solvent, process equipment design, and advanced heat integration to significantly reduce both capital and operating costs. Due to an extremely low rate of corrosion, smaller equipment, and other improvements, CDRMax™ has been proven to provide a 20 per cent CapEx reduction compared to other available solutions. Thanks to lower heat and energy demand, CDRMax™ reduces OpEx by 30 per cent to 40 per cent compared to other available carbon capture solutions.

Tell us about the disposal of the captured carbon.
Carbon utilisation or storage at industrial plants is determined on a case-by-case basis. For example, the carbon captured at the St Fergus Gas plant will be transported and permanently stored offshore, as part of the Acorn Project. Meanwhile, in a project with Tuticorin Alkali Chemicals & Fertilizers Limited, India, the captured carbon is converted to soda ash and sold to Unilever, which uses it to manufacture cleaning products.

What impact is Carbon Clean planning to make on industrial decarbonisation?
Heavy industry accounts for around 30 per cent of global carbon emissions. Many industries – such as cement, steel, and refineries – have limited options to decarbonise. Point source carbon capture offers these industries a means of tackling their emissions and it is available now.
Carbon Clean is leading innovation in point source carbon capture and addressing the barriers to mass deployment, which have mainly been the cost and space requirements to install the technology.
Our latest fully modular carbon capture solution, CycloneCC, overcomes these barriers. CycloneCC has a footprint that is up to 50 per cent smaller than conventional carbon capture units and it will be deployable in less than eight weeks. It also has the potential to reduce CapEx and OpEx by up to 50 per cent and drive down the cost of carbon capture to $30/tonne on average, which would make the economic case for carbon capture undeniable.
This latest innovation, alongside Carbon Clean’s recent funding round, puts the company on track to deliver industrial decarbonisation on a gigatonne scale by the mid-2030s.

How do you picture your contribution to the Indian industrial economy›s goal to reach net zero by 2070?
Outside of the project with NTCP, Carbon Clean is working with Tata Steel and Tuticorin Alkali Chemicals & Fertilizers in India. We also have a joint venture with Veolia – Veolia Carbon Clean – that is committed to reducing industrial carbon dioxide emissions and helping India achieve its climate goals through the development of a series of carbon capture and compressed biogas (CBG) projects.
Looking forward, achieving net zero in India, will require a collaborative effort between hard-to-abate sectors, government and technology providers, such as Carbon Clean.

Kanika Mathur

Concrete

JK Cement Declared Preferred Bidder For Gilund Limestone Block

Shares Edge Higher As Company Wins Rajasthan Block

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JK Cement gained after being declared preferred bidder for the Gilund Limestone Block in Chittorgarh, Rajasthan, a lease area of 370.96 hectares. The firm saw its shares trade at Rs. 5550.05, up by 28.45 points or 0.52 per cent from the previous close of Rs. 5521.60 on the BSE. The scrip opened at Rs. 5569.15 and touched a high of Rs. 5625.00 and a low of Rs. 5531.00.

The stock recorded turnover of 1742 shares on the counter and the BSE group A stock with face value Rs. 10 has a 52 week high of Rs. 7565.00 on 20-Aug-2025 and a 52 week low of Rs. 4670.05 on 12-Jun-2026. Last one week high and low stood at Rs. 5625.00 and Rs. 5329.00 respectively. The promoters holding in the company stood at 45.66 per cent, while institutions and non-institutions held 40.61 per cent and 13.73 per cent respectively.

The e-auction conducted by the Government of Rajasthan resulted in the company being declared preferred bidder for the mining lease, and the allocation will enable the company to plan phased development of the deposit, subject to regulatory approvals. The Gilund block spans 370.96 hectares and its allocation is intended to support raw material security for the company’s cement operations in the region. The designation follows the government auction process and will allow the company to plan development and integration of the deposit into its supply chain.

The current market capitalisation stands at Rs. 430.38 billion (bn), reflecting market response to the mining news and prevailing valuation levels for the sector. Investors and analysts will watch for formal allotment and related disclosures that can clarify timelines, capital expenditure and expected production profiles. The report is intended for informational purposes and does not constitute investment advice, and market participants are advised to consult advisers before making decisions.

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Star Cement Named Preferred Bidder For Boro Lakhindong Block

Preferred bidder for limestone mining lease in Assam

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Star Cement has been declared the preferred bidder for the mining lease for Boro Lakhindong West Block following e-auctions conducted by the Government of Assam. The block is located in Boro Lakhindong Village, Umrangso Tehsil, Dima Hasao District, Assam, and extends over an area of 123 hectares. The estimated limestone resource is 207.822 million (mn) tonnes (t), a quantity that will supply raw material for cement production and support the company’s manufacturing operations in the region.

The company is engaged in the manufacturing and selling of cement clinker and cement and distributes products across the north-eastern and eastern states of India. Star Cement operates plants and logistics networks that procure and process limestone to produce clinker for cement, and the addition of Boro Lakhindong is presented as a strategic enhancement of feedstock availability. The preferred bidder status secures rights to the specified lease area under the terms of the auction process.

Financial results for the company in the fourth quarter of fiscal year 2026 showed a consolidated net profit rise of 20.24 per cent to Rs 1,481.0 mn on an 11.54 per cent increase in revenue to Rs 11,735.5 mn compared with the corresponding quarter of the previous year. Those results reflected higher sales volumes and revenue growth in the company’s primary markets and are cited in company disclosures accompanying the lease announcement. The reported performance provides context to the company’s ability to pursue and finance new mining lease opportunities.

Market reaction to the declaration was modest, with the scrip rising zero point thirty six per cent to trade at Rs 212 on the BSE. The award of the Boro Lakhindong lease concludes the e-auction process for the west block and assigns operational rights to Star Cement as the preferred bidder, subject to completion of statutory and contractual formalities.

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KERC Proposal To Cut Rooftop Solar Export Tariff Raises Concern

Consumers and advocates urge regulator to reconsider change

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The Karnataka Electricity Regulatory Commission (KERC) has proposed a reduction in the tariff paid for surplus electricity that rooftop solar installations export to the grid, prompting concern among consumers, renewable energy advocates and industry specialists. The proposal arrives while the Central government and state governments are promoting clean energy adoption and offering subsidy schemes to encourage rooftop solar deployment. Thousands of households in Karnataka, particularly in Bengaluru, have invested substantial sums in rooftop systems to reduce reliance on conventional power and support state renewable targets.

Stakeholders have raised questions about the implications of a lower export tariff for the financial attractiveness of rooftop solar investments and the pace of the state transition to renewables. Industry analysts warned that a reduction in compensation for excess generation could discourage new installations and extend payback periods for existing systems. Current messaging from authorities, which simultaneously promotes adoption while proposing lower export rates, has been described by user groups as creating contradictory signals for consumers.

Experts argued that policy measures should focus on grid modernisation rather than reducing consumer benefits, with investments in transmission and distribution networks needed to manage higher volumes of distributed solar generation. Consumer groups and renewable advocates are preparing written submissions to the regulator and are urging retention of incentives that support household adoption of rooftop systems. KERC has invited public objections and suggestions as part of a consultation process that will determine the final tariff framework.

The outcome of the consultation is expected to influence the future growth of rooftop solar across the state and shape investor confidence in small-scale renewable projects. Residents who have already installed rooftop panels are monitoring developments closely because changes to compensation mechanisms may affect household finances and the speed of return on investment. Observers noted that coherent policy, aligned incentives and grid upgrades would be essential to sustain momentum in the rooftop solar sector.

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