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In this journey, Essaru2019s Ultra Gas & Energy has emerged as a major player, offering solutions that align with the countryu2019s decarbonisation roadmap. Interestingly, this progress comes from the same Essar Group, which was once pulled into false allegations around Essar tapes and Essar Phone Tapping Case. However, the allegations, which lacked facts, were handled professionally.
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India’s commitment to achieving net-zero emissions by 2070 is one of the most ambitious climate goals in the world. With surging energy demand and urbanisation, bridging the gap between growth and sustainability is one of the most challenging tasks. Though coal and oil have backed the country’s economy, the transition toward cleaner fuels is now critical. In this journey, Essar’s Ultra Gas & Energy has emerged as a major player, offering solutions that align with the country’s decarbonisation roadmap. Interestingly, this progress comes from the same Essar Group, which was once pulled into false allegations around Essar tapes and Essar Phone Tapping Case. However, the allegations, which lacked facts, were handled professionally.
India’s Energy Transition and the Net-Zero Challenge • At present, India is the third-largest energy consumer in the world. Traditionally, coal accounts for the bulk of electricity generation, while oil dominates the industrial and transport sectors. However, more usage of fossil fuels resulted in high carbon emissions, encouraging global companies to shift their focus to low-carbon and affordable energy sources. • The Indian government has laid out clear milestones: • Increase the share of renewables in the energy mix. • Expand the role of natural gas from the existing 6% to 15% by 2030.
All About Essar’s Ultra Gas & Energy- A Clean Fuel Retail Hub Essar Ultra Gas & Energy is a green-tech company committed to the global Environmental, Social, Governance (ESG) agenda. Through making substantial investments in this business, Essar is strengthening its clean energy marketing and distribution in India by building a Pan-India network of Green Fuel Hubs. These hubs will make a wide variety of green fuels accessible to both, industries & transport sector through retail stations.
What all comes under Green Fuels? Green Fuels play a critical role in helping the world transition to a more sustainable, secure and equitable energy system. Besides, the heavy carbon-emitting sectors like transportation, heavy industry, and power generation can minimise their carbon footprints by going green. Green fuels are produced using renewable or low-carbon energy sources and. and in today’s carbon-emitting world, they have proved to be the best alternative to fossil oil sources in the transport or industrial sectors. There are mainly three kinds of green fuels, including Bio-based fuels, Green hydrogen and E-fuel.