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Solar sets factory, commercial units roofs ablaze

By : Sustainability ..., May 9, 2014

Anand Sunderasan, the head of Indian operations of Schwing Stetter, the German concrete machinery manufacturer, rues the orientation the roof of the company’s factory in Sriperumbudur, near Chennai. The roof, like most others in the industrial suburb, slopes East and West...

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Subject Tags: Business

Govt to charge fees to issue environmental clearance

By : Sustainability ..., May 8, 2014

NAGPUR: Taking a cue from Gujarat and Tamil Nadu, the state government has decided to charge companies applying for environmental clearance. The minimum fee is Rs 1 lakh, and maximum Rs15 lakh, with the cost of the project determining the exact fee.

While the...

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Oil India buys 50% stake in Russian oil block for $85 million

By : Sustainability ..., May 8, 2014

Oil India LtdBSE, the nation's second-biggest state-run explorer, has bought a 50 per cent stake in an oil block in Russia for $ 85 million. 

OIL last month signed an agreement with Ireland- registered but Russia-focused firm PetroNeft Resources plc to take a 50 per...

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Subject Tags: Business , oil , Technology

New firm to treat biomedical waste

By : Sustainability ..., May 7, 2014

The Pune bench of the National Green Tribunal (NGT) headed by justices V R Kingaonkar and Ajay Deshpande on Monday directed the civic body to float fresh tenders for appointing a firm for treating biomedical waste in the city. In the process, the NGT cancelled the temporary...

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Uttarakhand report: Time to rethink our development models

By : Sustainability ..., May 1, 2014

The June 2013 disaster in Uttarakhand had taken many — including the state administration — by surprise. But it should not have been so because it was a tragedy waiting to happen. The immediate reason may have been a natural cause — the state was hit by its heaviest rainfall...

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Alstom India shares surge 12% as parent firm weighs GE offer

By : Sustainability ..., May 1, 2014

 MUMBAI: Shares of Alstom IndiaBSE 11.87 % surged almost 12 per cent today after its parent French firm said it is considering an offer of more than 12 billion euros from US-based General Electric for its power business and has reviewed a declaration of interest from Siemens...

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NTPC commissions 50 MW Rajgarh solar project

By : Sustainability ..., May 1, 2014

 NTPC Ltd today announced the commencement of commercial operation of 20 MW photo voltaic power unit at Rajgarh in Madhya Pradesh today raising its capacity to 50 MW.

With the commissioning of the full capacity of the Rajgarh solar power station, the total capacity of...

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AEG Power Solutions Sells its Indian Facility of Bangalore to Toshiba Mitsubishi-Electric Industrial Systems Corporation (TMEIC)

By : Sustainability ..., Apr 29, 2014

 BANGALORE, India, Apr 28, 2014 (BUSINESS WIRE) -- AEG Power Solutions (fwb:3W9), a global provider of power electronics systems and solutions for industrial power supplies and renewable energy applications, today announced that it has sold its Indian subsidiary, AEG Power...

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Carbon Offsets, Once Hyped, Lose Allure in Travel Sector

By : Sustainability ..., Apr 28, 2014

 When airlines and tour operators first launched carbon offset programs in the mid-2000s, customers seemed eager to join.

Buying a carbon credit meant investing in a project that would reduce greenhouse gas emissions elsewhere — essentially offsetting the emissions...

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Subject Tags: Business , Environment , Labor , Law

Future bright for a shining industry

By : Sustainability ..., Apr 28, 2014

 A three-part approach is sure to develop the solar industry and make it cost competitive

If you look closely at India’s solar sector, you are bound to conclude that the future is bright. For sure, little happened all through 2013, but 2014, promises a lot.

Why...

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Subject Tags: Business , electricity