New Delhi, Feb. 6 -- The Indian Institute of Corporate Affairs (IICA) and Carbon Market Association of India (CMAI) have formalised their partnership through a Memorandum of Understanding signed in New Delhi.

The agreement was unveiled during the opening of the IICA-CMAI Masterclass on Global & Indian Carbon Markets on February 4, 2025, with Road, Transport & Highways Minister Nitin Gadkari as the chief guest.

During the event, Minister Gadkari emphasised India's commitment to alternative energy sources, particularly highlighting the potential of biofuels and green hydrogen in the nation's economic and environmental strategy.

He expressed confidence in India's capability to achieve hydrogen production costs of one dollar per kilogram, ...