NCM's vision is an India where every major hard-to-abate industrial sector has deployed CCUS at commercial scale by 2045 — creating the technological, regulatory, and financial infrastructure needed for full Net Zero achievement by 2070. This is not a modest vision. It requires the capture and permanent storage or utilisation of more than 500 million tonnes of CO₂ per year from India's steel, cement, coal power, fertiliser, oil and gas, and other sectors.
Achieving this vision requires an independent advisory institution that can build the knowledge base, develop the project pipeline, engage with government on policy design, and connect India's industrial companies with the global CCUS expertise needed to move from concept to bankable project. NCM was established to be that institution — drawing on Australia's operational CCUS experience, Norway's regulatory model, and the UK's cluster infrastructure approach to create an advisory capability that is specifically calibrated to India's industrial structure, geology, and economic context.
The vision also requires urgency. The CBAM clock is running. Competitor nations are installing CCUS now. India's Net Zero 2070 commitment is not met by aspiration alone — it is met by investment decisions made between 2025 and 2035 that will determine the shape of India's industrial base for the rest of the century.
NCM's mission is precise: we exist to move India's CCUS projects from concept to financial close. Not to produce reports. Not to hold conferences. Not to advocate for policy in the abstract. NCM's measure of success is the number of Indian CCUS projects that have achieved FID — and the cumulative CO₂ capture capacity those projects represent.
This mission-focused definition of success determines how NCM is structured, how we staff our advisory teams, how we engage with clients, and how we measure our own performance. We do not count advisory engagements or policy submissions as success metrics. We count bankable pre-FEED studies, successful DFI co-financing structures, executed offtake agreements for low-carbon products, and operational CCUS tonnes per year as our measure of impact.
The mission also defines what NCM does not do. We do not provide technology — we evaluate it. We do not provide finance — we structure it. We do not provide engineering — we commission and review it. NCM's independence from technology vendors, engineering contractors, and financial institutions is not incidental to our value proposition — it is the foundation of our value proposition. A client engaging NCM receives advice in their interest, not in the interest of any equipment supplier, EPC contractor, or DFI relationship.
NCM's strategy is organised around five reinforcing pillars — each addressing a different constraint on India's CCUS deployment, and each dependent on the others for maximum impact.
NCM identifies, screens, and develops India's CCUS project pipeline — from initial plant-level screening through pre-feasibility, bankable feasibility, and pre-FEED. Our pipeline covers all 12 hard-to-abate sectors across 18 Indian states, with tier-1 priority projects identified for immediate development. A credible, technically validated project pipeline is the prerequisite for all other CCUS activity — policy design, DFI financing, and technology deployment all follow the project pipeline, not the other way around.
NCM engages directly with MoNRE, MoEFCC, MoPNG, BEE, and DGH to develop the regulatory framework India's first CCUS projects require. This includes a CO2 Geological Storage Bill, CCUS credit methodology for the India Carbon Market, CCS-readiness requirements for new industrial plants, and CO2 pipeline safety standards that currently do not exist. NCM provides the technical secretariat function that converts policy intent into implementable regulatory instruments.
NCM structures the financing packages for India's CCUS projects — drawing on ADB's Energy Transition Mechanism, IFC Climate Investment Facilities, Green Climate Fund's Enhanced Mitigation window, AIIB's Green Infrastructure Programme, and EIB climate finance. NCM also develops India's Article 6 bilateral transaction framework with Japan, Australia, and Singapore — creating cross-border carbon credit flows as an additional revenue stream for Indian CCUS projects.
NCM maintains active knowledge exchange relationships with Australia's CCUS ecosystem (CO2CRC, Global CCS Institute, CSIRO, Santos), Norway's Northern Lights programme, the UK's Net Zero Teesside and HyNet clusters, the Netherlands' Porthos project, Germany's thyssenkrupp Carbon2Business programme, and Denmark's Greensand project. These relationships produce specific technical outputs: performance data, regulatory model documents, engineering reference designs, and carbon accounting methodologies that India-specific CCUS projects can adopt rather than develop from scratch.
NCM builds sector-level ecosystems — industry associations, supply chain clusters, shared infrastructure frameworks, and carbon market structures — that make individual CCUS projects more viable and encourage replication. The steel cluster framework for the Jharkhand-Odisha-Chhattisgarh belt, the Deccan Traps basalt BECCS programme for Maharashtra's sugar sector, and the Gujarat industrial CO2 cluster concept are ecosystem-level initiatives that reduce the cost and risk of individual projects by creating shared infrastructure and institutional frameworks.
NCM's founding team operated commercial CCUS infrastructure in Australia before establishing India's first independent CCUS advisory centre.
NCM delivers CBAM liability assessments in 4–6 weeks and pre-feasibility studies in 3–4 months — the fastest timeline in the sector.
From first plant screening through DFI financial close — NCM is the only advisory firm in India providing the complete CCUS project development service.
Whether you are a government body seeking policy advice, an industrial company facing CBAM exposure, or an investor seeking CCUS project opportunities — our team is ready to engage.