Page 148 - CW E-Magazine (22-4-2025)

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resulting in prices for farmers falling of revenue and erosion of the intended stries outlining “actionable recom-
signifi cantly below the MSP – despite benefi ts of duties such as the Agricul- mendations to ensure that SAFTA
the sharp increase in import duties ture Infrastructure and Development provisions are implemented in both
and other corrective measures. Cess (AIDC),” IVPA added. letter and spirit, without adversely
impacting India’s farmers, pro-
“The trend also has broader fi scal IVPA said it has submitted a cessors, or long-term agri-economic
implications, including potential loss detailed proposal to the relevant mini- interests”.

WASTE-TO-ENERGY PROJECT

EKI Energy becomes carbon consultant for methane

reduction project in Varanasi

Indore-based carbon credit deve- pressed biogas (CBG), the initiative has Varanasi Smart City Bio-Conversion
loper & supplier, EKI Energy Service already achieved signifi cant environ- Project serves as a model for innovative
(EKI), said that it has been selected as mental impact, avoiding 2,806 tonnes waste-to-energy solutions, emphasising
the carbon consultant for the Varanasi of CO equivalent emissions during its the critical need to integrate sustain-
2
Smart City Bio-Conversion Project, an fi rst monitoring period. ability into urban planning and deve-
initiative targeting methane reduction lopment.
and sustainable development. This project is part of the Govern-
ment of India’s Sustainable Alternative The project is expected to reduce
Located in Shahanshahpur, Varanasi, Towards Affordable Transportation 33,187 tonnes of CO equivalent
2
the project utilises cutting-edge anaero- (SATAT) initiative, showcasing a suc- emissions over its seven-year crediting
bic digestion technology to transform cessful collaboration between Adani period. It will also generate 2,500-
around 70 tonnes per day of animal Group, Gobardhan Varanasi Founda- 2,800 kg/day of compressed biogas,
manure and organic feedstock into clean tion SPV, local authorities; where EKI with its by-products, fermented organic
energy and organic fertilisers. Energy Services is providing support manure (FOM) and liquid organic
in realisation of benefi ts from carbon manure (LFOM), supporting sustain-
By converting waste into com- market. With a lifespan of 25 years, the able farming practices.

Coventry University to become fi rst English university

in GIFT City

Coventry University is set to City – a BSc Honours in International versity’s branch and branded cam-
become the first English university Business Management and BSc Hon- puses around the world over the last
to be granted a licence to open a ours in Business and Finance – with fi ve years to £1 billion. This includes
campus in the GIFT City, officially plans to add further courses in the campuses in Egypt, Morocco, China,
the Gujarat International Finance future. Kazakhstan, Singapore and now India.
Tec-City, and India’s first Interna-
tional Financial Services Centre The new campus, which has been The approval was offi cially an-
(IFSC) and smart city. given in-principle approval by the nounced at the 13th UK-India Eco-
IFSC authority, would add to Coventry nomic and Financial Dialogue (EFD)
The branch campus will be at the University Group’s current presence in which took place on 9 April at the
heart of the smart city in Gujarat and the country following the opening of London Stock Exchange where guests
could see the first students enrolled the Group’s India Hub in New Delhi and speakers included the Chancellor
and learning in 2026. earlier this year. of the Exchequer, Rachel Reeves, the
Governor of the Bank of England,
Two courses will initially be It also brings the level of planned Andrew Bailey, and the Indian Finance
launched at Coventry University GIFT investment by partners in the uni- Minister Nirmala Sitharaman.

148 Chemical Weekly April 22, 2025

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