Amazon & HPCL Partner for Low Carbon Fuels in India

By By Rediff Money Desk, Mumbai
Oct 28, 2024 18:18
Amazon India and HPCL have partnered to develop and adopt low carbon fuels for long-haul transportation in India, aiming to reduce emissions and support the country's energy transition goals.
Mumbai, Oct 28 (PTI) Amazon India on Monday said it has signed an initial pact with state-owned Hindustan Petroleum Corporation Ltd for pushing the development and adoption of Low Carbon Fuels (LCFs) for long-haul transportation in India.

Under the collaboration, HPCL and Amazon will conduct a pilot to test fuels in the latter's long-haul transport vehicles and explore the possibilities of fuelling hubs and mobile refuelling stations for easy access to LCFs, Amazon India said.

This alliance marks a significant step towards reducing carbon emissions in the transportation sector and also aligns with Amazon's global commitment to achieving net-zero carbon across its operations by 2040, contributing to India's national goal of net-zero carbon by 2070, Amazon India said.

"Biofuels are key to India's energy transition and are set to contribute to jobs and economic growth. Amazon's collaboration with HPCL is a step toward empowering this transformational shift.

"In line with The Climate Pledge's global goal to reach net-zero carbon by 2040, accelerating fuel alternatives in our transportation network reinforces our commitment to India's energy ambitions and is helping our mission to reduce emissions," said Abhinav Singh, vice president for operations at Amazon India.

Amazon India also said that both the companies will engage with government bodies and industry think tanks to support policies that promote the scaling of LFCs in the country.

It also said that under the partnership agricultural and industrial waste will be used for fuel production in the cities of Visakhapatnam and Bahadurgarh, adding that the initiative will help develop fuelling hubs and mobile refuelling stations across all states in the country.

Moreover, the companies will promote low-carbon fuels through policy advocacy and research, it stated.

"We are committed to developing and scaling sustainable fuel solutions that benefit our country, the industry, and the environment. This collaboration marks a pivotal step toward decarbonising long-haul transportation and aligns with our vision of supporting India's long-term low carbon development strategy," HPCL said.
Source: PTI
Read More On:
indiaclimate changetransportationsustainabilityenergy transitionamazonbiofuelshpcllow carbon fuelslcfs
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.

You May Like To Read

MORE NEWS

Tata Power Acquires 40% Stake in Bhutan's...

Tata Power has acquired a 40% stake in Bhutan-based Khorlochhu Hydro Power Limited for...

Air India Suspends Cabin Crew Over Room-Sharing...

Air India has suspended 10 cabin crew members for allegedly instigating protests...

Prestige Group Buys Land in Bengaluru for...

Prestige Group acquires 17.45 acres in Bengaluru's Whitefield for Rs 462 crore to...

Genesys International Reports Rs 11.2 cr Profit...

Genesys International, a digital maps and geospatial company, reported a consolidated...

Air India Flight Makes Emergency Landing After...

An Air India flight from Delhi to Colombo made an emergency landing due to a bomb...

Tata Cliq Luxury to Sell Bvlgari Products Online

Tata Cliq Luxury partners with Bvlgari to launch the Italian jeweler's first digital...

Bharti Airtel Announces Leadership Changes:...

Bharti Airtel announces key leadership changes, with Shashwat Sharma named MD and CEO,...

Mumbai Airport Winter Schedule: 3,372 Flights...

Mumbai Airport announces a 2% increase in flights for the winter season, reaching 3,372...

CAMS Profit Surges 45% to Rs 122 Crore in Q2 FY25

CAMS, a leading registrar and transfer agent for mutual funds, reported a 45% rise in...

WTO Delays Ruling on India's ICT Import Duties

The WTO has again delayed a ruling on India's import duties on certain information and...

Read More »

Sectoral Indices Market Indicators Listed Companies Gainers Losers Mutual Funds Portfolio Watchlist
© 2024 Rediff.com