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Sustainability Outlook Headlines

India Recognises The Need For Environmentally Sustainable Development Strategy

The International Monetary Fund looks at India as a country that recognizes the need for an environmentally sustainable development strategy as the global community gears up for a decisive fight against climate change. “If you look at India in the last generation, India has been undergoing development. India has been undergoing a transformation. India has become a major player in the world economy. “India is a great power and we look at India as a country that recognizes the need for an environmentally sustainable development strategy,” Vitor Gaspar, Director of the IMF’s Fiscal Affairs... Read more..

Source: EBM news

Corporates get responsible about plastic

It is not clear how sustainable the movement will prove, but if a Business Standard story on MNCs cutting plastic-use is anything to go by, there is a lot of room for optimism. While FMCG major HUL and its parent company, Unilever, are relying on changing the design and packaging of their products—this, Unilever estimates, could help it bring its plastic usage from 700,000 tonnes annually to 100,000 tonnes—Flipkart aims to use only recycled plastic from 2021 and Amazon is targeting eliminating single-use plastic from its operations in India by 2020. Unilever/HUL plans to start refill... Read more..

Source: Financial Express

India Plans To Develop A Green Belt Similar To The Great Green Wall Of Africa

Many countries in the world are trying to move to make a positive difference for our planet. Yes, in the past, we have exploited our planet enough. Now it’s time to give something back to it. Out of all the countries in the world, India is making quite a move towards a greener world. In general, India has an affinity for trees. If you ever go down the roads of India, you will be greeted with lush greenery on both sides. The country is quite environmentally-charged. And now, the Indian government is trying to amp it up a little. The Central government is planning for a 1,400km long and 5km... Read more..

Source: Educate, Inspire, Change

State discoms inefficient need to open up power sectors to others: RK Singh

States need to make their power supply systems more efficient in order for India to utilise the infrastructure it has set up, said Minister of State for Power and Renewable Energy RK Singh Friday at the bi-annual state power ministers’ conference. This includes improving losses of state-owned electricity distribution companies (discoms) through measures like setting up franchisees where the discoms will act as wholesalers of electricity to private providers, the minister said. He added that states needed to step up and take stern measures against electricity theft, and, contrary to popular... Read more..

Source: Indian Express

Arvind Kejriwal announces task force to monitor implementation of C40 clean air declaration

Delhi chief minister Arvind Kejriwal on Friday attended the C40 Cities Summit in Copenhagen through a video link and announced formation of a special task force to monitor implementation of 'Clean Air Cities Declaration' signed at the meet. He was scheduled to travel to Denmark to take part in the summit but was denied permission by the External Affairs Ministry. Kejriwal attended a joint press conference and addressed a session at the summit through video conferencing. "I wanted to be here personally but could not do so because of unavoidable circumstances," Kejriwal said. "I am very... Read more..

Source: Economic Times

EESL inks pact with BSNL

Energy Efficiency Services Limited (EESL), a joint venture of four National Public Sector Enterprises under the Ministry of Power, Government of India, has signed a memorandum of understanding (MoU) with BSNL (Punjab Telecom Circle), to install 100 public charging stations to boost e-mobility in Punjab. EESL and BSNL have entered the 10-year MOU with an objective of building electric vehicle infrastructure in BSNL, Punjab Telecom Circle area and exploring synergy for further promoting EVs, including electric two-wheelers in the state. EESL will make the entire upfront investment on... Read more..

Source: Tribune India

Commerce ministry asks e-commerce firms to gradually slash single-use plastic in packaging

The commerce and industry ministry has advised e-commerce companies to gradually slash single-use plastic in packaging of products being sold through their platforms, in line with the government's commitment to reduce use of such material, an official said. The companies have also been advised by the Department for Promotion of Industry and Internal Trade (DPIIT) to develop sustainable packaging material which will contribute to reducing India's plastic footprint globally. E-commerce companies have been asked for discarding plastic used in packaging, which accounts for more than 40 percent... Read more..

Source: Firstpost

AP discoms seek steep cut in solar, wind tariffs across all existing PPAs

Opening a new phase of sorts in the ongoing tussle with renewable energy players, Andhra Pradesh power utilities on Friday filed three separate petitions before the Andhra Pradesh Electricity Regulatory Commission (APERC) seeking reduction in tariff across all the existing solar and wind energy PPAs and PSAs entered by them between 2012 and 2017 involving around 7,500 Mw of installed capacity. Besides asking for a steep cut in the agreed power purchase price ranging from over 40 percent to as high as 62 percent in case of some older solar power PPAs, the Southern Power Distribution Company... Read more..

Source: Business Standard

Karnataka boards the bus for EV journey; 112 charging points by October-end, Rs 1 lakh subsidy for electric autos

Two years after the government introduced an e-vehicle policy to promote battery-run vehicles, the state is finally setting up the infrastructure required. It is also pushing to convert existing autorickshaws to go electric. While Bescom’s 112 charging points will be operational by this month-end, BMTC has identified four depots to set up charging points for its proposed 300 battery-run buses. The transport department, along with department of industries and commerce, is mulling a subsidy of up to Rs 1 lakh for new electric autos and Rs 50,000 for converting existing LPG-run four stroke... Read more..

Source: Times of India

India extends Line of Credit worth USD 30 mn to Sierra Leone for irrigation development

India and Sierra Leone on Sunday signed six agreements including a Line of Credit to the tune of USD 30 million for irrigation development in Tomabum to achieve self-sufficiency in rice production. "India is committed to be being a reliable partner of #SierraLeone in its development journey. Today we have signed 6 MoUs/Agreements including a Line of Credit agreement for US $ 30 million for irrigation development in Tomabum for self-sufficiency in rice production," Vice President Venkaiah Naidu said in a tweet shortly after his delegation-level meeting with President of the Republic of... Read more..

Source: ANI News

India, China to set up High-Level Economic and Trade Dialogue mechanism

Prime Minister Narendra Modi and Chinese President Xi Jinping today concluded a two-day informal summit during which they discussed all aspects of the bilateral relationship and decided, among other steps, to establish a High-Level Economic and Trade Dialogue mechanism to deepen their economic cooperation and enhance the development partnership. The dialogue mechanism will help achieve enhanced trade and economic relations as well as a better balance in the trade between the two countries, a statement issued by the Ministry of External Affairs at the end of the summit that was held against... Read more..

Source: Net Indian

NIIF, EESL partner for deployment of smart meters pan India

The National Investment and Infrastructure Fund (NIIF) has joined hands with Energy Efficiency Services Limited (EESL) to implement, finance and operate the smart meter roll-out programme of power distribution companies. NIIF and EESL on Thursday announced a new joint venture, IntelliSmart Infrastructure Private Limited (IntelliSmart), for the smart meter roll-out programme. This comes against a backdrop of the government planning to install 25 crore smart meters in the next few years. "Smart meters will lay the foundation for smart grids which will be crucial to meet challenges of the... Read more..

Source: Outlook

Renewable energy capacity to exceed 175 GW target by 2022: MNRE

The New and Renewable Energy Ministry on Thursday denounced a Crisil report that stated the ministry may miss the renewable energy target by 42 per cent, and asserted that the clean power capacity by 2022 will exceed the goal of 175 GW. The ministry termed the report as "ill founded", factually incorrect and lacking credibility, and pointed out that Crisil even did not consult it for its views on the target. The report by Crisil highlighted that the country is likely to miss the renewable energy target of 175 GW by 2022 by a wide margin of 42 per cent due to many a regulatory challenge,... Read more..

Source: Free Press Journal

India’s solar, wind energy goal achievable? Govt tells how it will beat target, reveals roadmap

India will not only meet, but beat the seemingly impossible target of installing 175 gigawatts of renewable energy generation capacity by 2022-end, as the current work in progress leaves very little to be done to achieve the feet, according to the government. The Ministry of New and Renewable Energy has put up a roadmap on how the country reaches beyond 175 GW renewable energy capacity by 2022, in a rebuttal to a recent CRISIL report which said that Prime Minister Narendra Modi’s ambitious target is unlikely to be met in time. India has already installed more than 82.5 GW in renewable... Read more..

Source: Financial Express

India may save $381 mn through sustainable ethanol procurement system

India could save $381 million and ensure consistent supply of ethanol while developing the indigenous industry, says the latest Report by UPES & PLR. It emphasizes on meeting the ethanol blending mandates along with the development of 2G production. The Report suggests that India needs to follow international trends very closely for a robust ethanol ecosystem, which will facilitate substantial foreign exchange savings from reduced dependence on crude as well as increased octane savings. Founding Partner of PLR Chambers Suhaan Mukerji, highlighting the benefits accrued to Philippines by... Read more..

Source: Daily Hunt

IPCC Special Report on Land to Add Impetus to UNCCD COP 14 Negotiations

Preparations are underway for the 14th meeting of the Conference of the Parties (COP 14) to the UN Convention to Combat Desertification (UNCCD), which takes place from 2-13 September 2019 in New Delhi, India. Several recently released global assessments, including the Intergovernmental Panel on Climate Change (IPCC) Special Report on Climate Change and Land (SRCCL), as well as a high-level dialogue exploring “missing links” in the Convention’s implementation are expected to provide new impetus to efforts to achieve the UNCCD’s targets. COP 14 will provide the first opportunity for Parties... Read more..

Source: IISD

ACC Commences Initiative to Dispose Modern-Day Ravana ‘Plastic Waste’ to Support the “Swachhata Hi Seva” Mission

ACC, one of India’s foremost producers of cement and ready mix concrete, is playing a lead role in the “Swachhata Hi Seva” (SHS) 2019 mission of the government – a countrywide awareness and mobilisation campaign with special focus on plastic waste awareness and management. Responding to our Honourable Prime Minister’s clarion call for action on plastic waste awareness and management, ACC organised numerous programmes across the country aligned to the three phases of the “Swachhata Hi Seva” mission. In Phase I of the plastic waste awareness campaign, ACC employees across the nation joined... Read more..

Source: Realty Nxt

With help from West Asia, ISA to reach 100 countries mark at second general assembly

In the run-up to the second general assembly of the International Solar Alliance (ISA) to be held in New Delhi from 30 October—2 November, the first treaty-based international government organization headquartered in India has stepped up efforts to sign up two-dozen new countries from geographies such as West Asia. ISA will see the number of inducted countries that have signed its framework agreement reach 100 nations at its second general assembly, from the 76 countries who are currently signatories to the landmark agreement. With India and France front-ending the attempts to set up the... Read more..

Source: Livemint

Delhi govt's free electricity scheme an example of smart governance: Arvind Kejriwal

The Delhi government's free-electricity scheme will be an example of "smart governance" as it is encouraging the people of the city to reduce their power consumption, Chief Minister Arvind Kejriwal said on October 10. In August, the Aam Aadmi Party (AAP) government had announced free electricity of up to 200 units for domestic consumers and later extended the scheme to tenants residing in the national capital. Taking to Twitter, Arvind Kejriwal said residents of the city were trying to consume less than 200 units of electricity to avail the benefit. The AAP leader further claimed that 14... Read more..

Source: India Today

India’s solar and wind boom is fizzling

The world’s second most populous nation has been a shimmering bright spot for solar and wind growth, driven by government policies and ambitious targets. But new projects have stalled amid increasing regulatory uncertainty as states, their financially strained electricity distribution companies, and renewables developers squabble over contracts and payments. The background: India had aimed to install 175 gigawatts of renewable generation by 2022, a central policy plank for the recently reelected Prime Minister Narendra Modi. But the Mumbai rating agency CRISIL now predicts the country is... Read more..

Source: MIT technology review

Corporate solar power funding jumps 34% to $9 billion in 2019

Global corporate funding in the solar power sector jumped 34 per cent to $9 billion in the first nine months of 2019, according to clean energy consulting firm Mercom. In the third quarter ended September, solar funding more than doubled to $3 billion from $1.3 billion in the same quarter last year. “Corporate funding activity so far this year is ahead of last year’s levels as demand outlook looks positive and solar public companies continue to do well. In Q3 2019, over $100 million in venture funding went to technology and manufacturing-focused companies which is rare,” Mercom Chief... Read more..

Source: Energy World - Economic Times

175 GW renewables by December 2022, clarifies government

The ministry of new and renewable energy (MNRE) clarified on Wednesday that the deadline for installing 175 giga-watt (GW) of renewable energy is December 31, 2022. “At places the date for achieving the stated target is mentioned differently, i.e, by the year 2022 or by FY22,” the clarification stated. Thanks to the devaluation of the rupee, rising finance costs, government-mandated tariff caps in reverse auctions and cancellation of renewable project tenders, the pace of adding renewable generation capacities already slowed down in FY19, when the country added 8.6 GW against 11.3 GW and... Read more..

Source: Financial Express

Indian Railways tenders 32.56 MWp rooftop solar

Railway Energy Management Company, on behalf of Indian Railways, has invited bids for setting up 32.56 MWp of grid-connected rooftop solar systems at office buildings, railway stations and other establishments of various Zonal Railways. The projects will be set up under public-private partnership on ‘design-build-finance-operate-transfer’ basis. The successful developer will be responsible for design, engineering, procurement, erection (including civil and structural works), installation, testing and commissioning of the solar plant. It shall also provide operation and maintenance support... Read more..

Source: PV Magazine

India interested in financing energy projects

During his visit, the High Commissioner reiterated India’s support to Guyana as he committed to offering scholarships to persons interested in studying there. He also highlighted a few areas in which the Government of India is excited to participate in through funding. In addition to a few others, Dr. K. J. Srinivasa expressed interest in funding projects in Guyana related to solar and renewable energy as well as climate change. During the meeting, the Ministry said, the Minister, David Patterson, briefed him on the procurement processes here after the diplomat expressed interest.

Source: Kaieteur news

India: Shell joins the solar boom with acquisition of Orb Energy

Global oil major Shell has taken another step towards India’s growing renewable energy market by purchasing a 20% stake in Bangalore-based Orb Energy, a company that provides credit to small and medium-sized enterprises (SMEs) to install rooftop PV. Founded in 2006, Orb Energy has sold over 160,000 solar systems in India with a total capacity of 75 megawatts. Shell’s goal is to deliver reliable electricity to 100 million people in the developing world by 2030. “In the last decade, we have cemented our position as one of India’s most trusted solar companies. We are therefore delighted that... Read more..

Source: Petrol Plaza