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Indus Towers to invest Rs 350 crore to cut energy consumption

By : sustainabilityo..., Aug 24, 2017

The country's largest telecom infrastructure firm Indus Towers today said it will invest Rs 350 crore to reduce energy consumption at its mobile sites in the current fiscal year.

"This year we have converted 50 per cent (sites) into green sites. We will continue to...

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Chinese solar module firms reneging on India contracts

By : sustainabilityo..., Aug 24, 2017

In what has come as a shock to India’s solar power developers, Chinese module manufacturers are reneging on their contracts and are demanding an upward price revision to supply the equipment already contracted for, said several people aware of the development.

Any...

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Government brings in new norms on solar power procurement

By : sustainabilityo..., Aug 23, 2017

The government has implemented new rules for buying power from grid-linked solar power projects through competitive bidding under the National Solar Mission to improve transparency and standardise auctions. 

These guidelines, prepared by the Ministry of New and...

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States producing wind energy asked to ensure regulatory nod for power purchase agreements

By : sustainabilityo..., Aug 23, 2017

The Centre has asked wind energy-producing states to ensure regulatory approval of power purchase agreements (PPAs) signed when tariffs and equipment costs were higher, and use special powers under the Electricity Act to issue directions to autonomous regulators in public...

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Rapped by CAG, thermal plant maker Bhel to focus on solar

By : sustainabilityo..., Aug 23, 2017

Bharat Heavy Electricals Ltd (Bhel) is changing its business model to focus on solar power generation, create equipment to help thermal plants drastically reduce emissions and get a larger share of transportation business like metro coaches.

This follows the recent rap...

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Mukesh Ambani’s Reliance Industries said to mull India power storage with BP

By : sustainabilityo..., Aug 23, 2017

Reliance Industries Ltd, owned by Mukesh Ambani, is considering entering the power-storage business with its partner BP Plc. to expand into the country’s growing renewable energy sector, according to two people with knowledge of the plan.

The companies are considering...

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Submit action plan, status report on pollution in Bellandur lake: NGT

By : sustainabilityo..., Aug 23, 2017

The National Green Tribunal (NGT) on Tuesday summoned top officials from Karnataka and asked them to come up with a plan and status report over pollution in Bengaluru’s Bellandur lake.

A bench headed by NGT chief Justice Swatanter Kumar directed the Secretary of...

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Tata Power launches electric vehicle charging facility

By : sustainabilityo..., Aug 22, 2017

Tata Power today said it has installed its first electric vehicle charging facility at Vikhroli in Mumbai. 

Tata Power's aim is to build a network to make it easier for people to adopt to electric vehicles and be future ready, the company said in a statement. 

...

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IBC SOLAR Signs Contract With SECI Over 20 MW Solar Plant in India

By : sustainabilityo..., Aug 21, 2017

IBC SOLAR AG, a global leader in photovoltaic (PV) systems and energy storage, has signed a Power Purchase Agreement (PPA) for a 20 MW AC solar plant with the Solar Energy Corporation of India (SECI). The project was part of a 270 MW AC PV tender in the state of Odisha and...

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Russia’s Rosatom eyes Inox’s wind turbine manufacturing business

By : sustainabilityo..., Aug 21, 2017

Russia’s Rosatom State Atomic Energy Corp. is exploring an investment in Inox Group’s wind turbine manufacturing business, said two people aware of the development.

The Russian government company’s interest in India’s second largest wind-turbine maker by market share...

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