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Ramky Acquires Sembcorp's Stake In Indian JV

By : Sustainability ..., Oct 31, 2013

Sembcorp Environment, subsidiary of Sembcorp Industries, is divesting its entire stake of 51% in Sembcorp Enviro (India) to partner Ramky International (Singapore) for $7.25 Mn, Straitstimes states. The move is line to streamline its businesses and sharpen its strategy for...

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Diverting Nethravati will not serve the purpose: India Water Portal

By : Sustainability ..., Oct 30, 2013

A study team of India Water Portal, which records best practices in water management and conservation in the country, said that there is no need to divert the Nethravati to supply drinking water to some parched districts in central Karnataka. The portal is supported by...

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Subject Tags: Business

India To Ask Reliance To Give Up 80% Of D6 Gas Block

By : Sustainability ..., Oct 30, 2013

India will ask Reliance Industries Ltd to relinquish 80 per cent of its east coast deepwater D6 gas block, including five discoveries, as the energy major has not adhered to timelines for developing the area, the oil secretary said.

"We are waiting for the oil minister...

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Subject Tags: Business , oil

Constructing Change: Accelerating Energy Efficiency in India's Buildings Market [Report]

By : Sustainability ..., Oct 30, 2013

India is at a crossroads in its development path. India's building-occupied area is projected to skyrocket from 8 billion square meters in 2005 to 41 billion in 2030. To keep pace, India's energy production must grow 6.5 percent per year from 2011 to 2017. Buildings already...

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Sleeping giant awakes as India’s infrastructure builds

By : Sustainability ..., Oct 29, 2013

Investors in the Indian market quickly realise there are no short-term fixes for the Indian economy. But there are long-term structural and demographic drivers that are shaping the country’s future.

One of the key elements in India’s long-term story is the development...

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Call to revive traditional water storage systems

By : Sustainability ..., Oct 29, 2013

The traditional and local water systems play a major role in conserving water than mega schemes such as river water diversion, according to experts.

In an interaction with media and engineers here on Monday, Ashis Panda, consultant with India Water Portal, said the...

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Subject Tags: Business , Politics

Ministry to announce draft policy on green buildings soon

By : Sustainability ..., Oct 28, 2013

The Union Government will soon finalise a draft policy to provide non-financial incentives to encourage green buildings, said Arun Kumar Misra, Housing Secretary.

INCENTIVES

Addressing the Green Building Congress on Saturday, he said the Housing Ministry was...

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Subject Tags: Business

India says GM flouted emissions test regulations

By : Sustainability ..., Oct 25, 2013

General Motors India appears to be up to some shenanigans. In July, the company had its first vehicle recall since 1995 when 114,000 Chevrolet Tavera sport utility vehicles needed to be brought in over "emission standards and other regulatory specifications," according to...

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My Eco Energy entering bio-diesel market

By : Sustainability ..., Oct 24, 2013

Pune-based My Eco Energy is entering the bio-diesel market and the company plans to manufacture the fuel in three locations across the country, and also retail it.

The company is currently in talks to acquire three existing bio-diesel manufacturing units in Andhra...

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Subject Tags: Business

In Tamil Nadu, solar is hot

By : Sustainability ..., Oct 23, 2013

Tamil Nadu is hot for solar. Even before the state-mandated ‘solar purchase obligation’ has kicked-in, and before power purchase agreements are signed for a big bunch of projects, a number of solar projects are coming up in the State.

Most of the investors are textile...

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Subject Tags: Business