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E-vehicle drive: Centre may take Elon Musk’s Australian policy for a spin

By : sustainabilityo..., Sep 11, 2017

India is working on an Elon Musk-inspired policy to challenge global and Indian firms to set up manufacturing facilities for electric vehicles, batteries and charging infrastructure in an ambitious time frame with the help of assured policy and regulatory support along with...

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Railway to invest more on solar-powered coaches, seeks funds for 12-coach rake

By : sustainabilityo..., Sep 11, 2017

More than six months after the trial run of south India’s first solar-powered coach began along the Jan Shatabdi route between Coimbatore and Mayiladuthurai, the coach continues to run only on trial.

The coach has now begun running between the Chennai and Vridhachalam...

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Rays Power commissions 9MW solar project in Karnataka

By : sustainabilityo..., Sep 8, 2017

Rays Power Infra today said it has commissioned a 9 MW solar photovoltaic power plant in Karnataka.

Spread over 60 acres in Pavagada village in Tumkur district, this project is commissioned under the Karnataka Farmers' Solar Scheme.

"Rays Infra Power commissions...

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NGT directs states to shut distilleries sans PESO nod

By : sustainabilityo..., Sep 8, 2017

The National Green Tribunal has directed all states to shut down distilleries and sugar mills manufacturing, storing and transporting ethanol, without obtaining permission from the Petroleum and Explosives Safety Organisation (PESO).

A bench headed by NGT Chairperson...

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Solar PPA disputes in Madhya Pradesh but SkyPower claims first operational Indian plant

By : sustainabilityo..., Sep 8, 2017

Renewable energy developers SkyPower and Renew Power are involved in legal disputes with the distribution company (Discom) of the Indian state of Madhya Pradesh over solar project deadlines and PPAs, while SkyPower has also claimed to have successfully brought into operation...

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BSE Carbonex index outperforms Sensex so far in 2017

By : sustainabilityo..., Sep 7, 2017

Stocks of Indian companies which are committed to mitigating risks arising from climate change have fared better this year. The BSE Carbonex index has climbed 23.16% in comparison with an 18.91% jump in the benchmark Sensex so far this year.

In the three-year period...

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Central Pollution Control Board issues notices to Nokia, Intel, Cisco

By : sustainabilityo..., Sep 7, 2017

India’s apex pollution regulator, the Central Pollution Control Board, issued notices to 225 electrical and electronics manufacturers for failing to meet provisions under the new e- waste management rules. Companies served notices included major electronics manufacturers like...

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Madhya Pradesh cracks whip, cancels solar PPAs signed with Canadian firm’s India unit Sky Power Solar

By : sustainabilityo..., Sep 7, 2017

Madhya Pradesh Power Management Company (MPPMC), the holding company of all the electricity distribution companies of the state, has cancelled two 50-MW power purchase agreements (PPAs) it had signed with the Indian unit of Canada-based Sky Power Solar in 2015. The PPAs were...

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State Bank of India planning $3 bn green bonds

By : sustainabilityo..., Sep 4, 2017

India’s largest lender plans to raise up to $3 billion in the country’s biggest overseas green-bond issue, tapping the likes of BlackRock, International Finance Corp and JPMorgan-backed entities for funding projects that will help achieve the government’s commitments toward...

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Rooftop solar energy firm Amplus Energy Solutions in talks to raise up to $100 million

By : sustainabilityo..., Sep 4, 2017

Rooftop solar energy company Amplus Energy Solutions Pvt. Ltd is in talks to raise as much as $100 million, said two people aware of the development.

“The company has been in talks with investors, both financial and strategic to raise around $50-100 million, which will...

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