India’s largest private lender HDFC has launched green and sustainable deposits, which is a deposit to safeguard the environment from climate change. Under the initiative, the fixed deposits or FDs will be directed towards financing green and sustainable housing credit solutions and services.

Mortgage firm HDFC on Monday said it has launched green and sustainable deposits with an aim to safeguard the environment from climate change. These fixed deposits will be directed towards financing of green and sustainable housing credit solutions and services, HDFC said in a statement.

Reliance Infrastructure-led BSES is slated to become one of the "greenest" power distribution companies in the country by increasing the share of renewable energy in its portfolio to over 50 percent by 2024, power sector experts said on Tuesday. According to estimates, 3,300 MW of power portfolio of BSES discoms, BRPL and BUPL, is to become green by 2024. It will reduce around 7 million tonne of carbon dioxide annually, they said.

As we move towards making hydrogen as the fuel for the future. We already have a hydrogen mission in the country and as we move towards it and as hydrogen costs come down, and technology is adapt to it, there is a pathway that India can build for itself over the next 10-15 years. As incrementally, we become more steel-consuming, we will have the ability to develop new technologies indigenously, as well as from best practices across the world to ensure that we remain competitive, said Tata Steel's Kaushik Chatterjee.