You are here

Sustainability Outlook Headlines

Govt planning to operate entire public transport on electricity: Nitin Gadkari

Road transport, highways and shipping minister Nitin Gadkari has said the government aims to develop infrastructure for running all public transport on electricity.

“I saw electric buses using inductive charging technology, which is a way of wirelessly charging a bus, in Sweden recently. I even spoke of developing an electric highway. We can make a lane from Delhi to Mumbai with electric charging cables akin... Read more..

Source: The Economic Times

India launches probe against China, Taiwan solar cell imports

The commerce ministry has initiated an anti-dumping investigation against the import of solar cells from China, Taiwan and Malaysia. Solar cells are the basic ingredient used in the manufacturing of solar modules. The investigation was triggered by an application by the Indian Solar Manufacturers’ Association filed in May. Chinese solar modules are 8-10% cheaper than Indian counterparts. The notice issued by the directorate general of anti-dumping and allied duties said that prima facie evidence of dumping... Read more..

Source: Financial Express

UPPCL notice to six companies for not installing solar power plant

UP government on Monday issued notice to six private companies, including Adani Green Energy, for delay in setting up solar power plants in UP. The decision was taken after the companies did not set up solar power plants, despite entering into an agreement for it, two years ago.

UP Power Corporation Limited (UPPCL) issued the ‘Procure Preliminary Default’ notice to six companies, namely Adani Green Energy... Read more..

Source: The Economic Times

Distribution companies want to rework pacts as solar tariffs hit new low

 Solar tariffs have fallen so dramatically that tariffs which were at record lows just three months ago no longer appeal to distribution companies, creating a big challenge for renewable energy companies. 

In April, French solar developer SolaireDirect won 250 MW in an NTPC conducted auction at Kadapah Solar Park in Andhra Pradesh, quoting a tariff of Rs 3.15 per kwH. At the time, this was a record low,... Read more..

Source: The Economic Times

Foreign rupee limit poses new threat to Indian high-yield bonds

Three years after stirring controversy, an offshore financing structure pioneered by Indian renewable energy producer Greenko Energy Holdings is now under threat as foreign investors near their quota limits on rupee bonds.

Greenko last Monday sold $1 billion of international bonds, the biggest high-yield Green bond globally and its third such deal in three years. The proceeds are invested in Indian rupee... Read more..

Source: The Economic Times

14 hydro power projects stare at Rs 25,594 crore cost overrun

Fourteen under construction hydro power projects of above 25 mw have been stalled due to various reasons, leading to cost overrun of Rs 25,593.78 crore, the government said today.

"As of July 1, 2017, there are 14 under construction hydro power projects (above 25 mw), totalling 5,055 mw, which are stalled due to various reasons," Power Minister Piyush Goyal said in a reply to the Rajya Sabha.... Read more..

Source: The Economic Times
Subject Tags: hydel project, hydro-power

India’s first wind power auction: Developers sign PPAs for 550 Mw capacity

Major wind power developers including Adani and Mytrah Energy today signed Power Purchase Agreements (PPAs) with Power Trading Corporation (PTC) for supply of 550 Mw power to states as part of India’s first wind power auctions scheme. The pacts were signed in the presence of power, coal, renewable energy and mines minister Piyush Goyal here.

As per the PPAs signed, Mytrah Energy, Inox Wind and Ostro Kutch... Read more..

Source: The Economic Times

IIT-Bombay develops technology for colour coating solar glass building

Indian Institute of Technology (IIT) Bombay has developed a technology that allows colour coating of solar glass buildings without affecting their energy-harvesting property. 

The institute has patented its 'nanophotonic coating' technology and will soon launch a startup that would take this technology to the commercialisation stage. 

... Read more..

Source: The Economic Times

Jakson Group to invest Rs 700 crore to set up new solar plant

At a time when most domestic solar manufacturers are struggling with idle capacity in the face of cheap solar cells and modules being imported from China, Noida-based Jakson Group is setting up a greenfield solar plant in a seemingly contrarian decision. 

It is investing Rs 650-700 crore in a new plant in Gujarat that will have a capacity of 1,000 MW of solar modules and 250 MW of solar cells in three years... Read more..

Source: The Economic Times

CREST moves electricity regulator against action on gross metering

Unhappy with the decision of the Chandigarh electricity department to stop connections on gross metering, Chandigarh Renewal Energy and Science & Technology Promotion Society (CREST) has filed a petition with the Joint Electricity Regulatory Commission (JERC), seeking direction to the department for resumption of gross metering connections.

Chandigarh has been selected by the Union government to be... Read more..

Source: The Economic Times

Schneider Electric launches Energy Efficient Products For residential Market

 

Schneider Electric is a global leader in energy management and automation with a revenue of around 26 billion euro in the financial year 2016 and 1,40,000 employees in over 100 countries.

"India is a strategic market for us. We are launching today two products -- Automatic Power Factor Corrector (APFC) panels and Automatic Harmonic Filter (AHF). The two products will help in energy saving up to 30... Read more..

Source: The Economic Times

Mercedes Benz seeks sops to aid India's electric car ride

Folger, the Mercedes Benz Managing Director for India, said globally the German automaker is heavily investing in technology for electric mobility and if adequate support is extended, these vehicles may make their way to India by 2020.

“We would love to bring in electric vehicles, it mirrors our overall strategy but it’s a catch 22 situation all over the industry. You need to reach a certain minimum amount... Read more..

Source: The Economic Times

India launches first R&D facility for high-end fuels, gas

India has launched its first petroleum Research & Development (R&D) facility for testing high-end BS-VI quality fuel emissions, according to an official here. 

Operated by state-run Indian Oil Corp (IOC), the R&D facility is designed to test all types of fuel including petrol, diesel, ethanol-blended petrol, bio-diesel, CNG, LNG, hydrogen-CNG and 2G-ethanol blends to ensure they meet the superior... Read more..

Source: The Economic Times

Centre to notify guidelines for renewable power procurement: Haryana government

The Union Ministry of New and Renewable Energy has clarified that a guideline for procurement of renewable power through competitive bidding would be notified shortly by the Centre, the Haryana government said today.

Till then, projects may be set up under existing provisions of the Electricity Act, 2003 under section 62 wherein the State Regulatory Commission is to be approached for fixation of tariff, a... Read more..

Source: The Economic Times

Finland’s Taaleri looking to buy solar power projects in India

 Attracted by the opportunities in India’s solar energy space, Finland’s Taaleri Plc is evaluating assets for acquisition here.

This interest by the Nasdaq Helsinki-listed firm is reflective of the trend wherein overseas firms have led the race on aggressive tariffs to secure renewable energy project contracts in India. Taaleri Solar Wind fund is Finland’s first equity fund to invest in overseas green energy... Read more..

Source: Live Mint

Dubai sets sights on India to achieve its green energy goals

With a roadmap to harness 75% of its energy needs from renewable sources by 2050, Dubai is reaching out to investors, consultants, equipment suppliers and developers in India, which has emerged as one of the top leading solar markets in the world.

In a three-city road show in India that included Jaipur besides Delhi and Mumbai, Dubai Electricity and Water Authority (DEWA), the public service infrastructure... Read more..

Source: Times of India

Japan's low-carbon hydrogen technology to protect environment

Japan's Yokohama city will participate in a trial project that demonstrates the building of a low-carbon hydrogen supply chain model using renewable energy in the Tokyo and Yokohama coastal region.

The project will use electricity generated from the Hama Wing wind power plant near the center of Yokohama to create hydrogen.

... Read more..

Source: The Economic Times

Environment ministry approves projects seeking to address climate change

The environment ministry today approved projects aimed at addressing the vulnerabilities arising out of climate change in Rajasthan, Gujarat and Sikkim.

The National Steering Committee on Climate Change (NSCCC), at a meeting, approved three Detailed Project Reports (DPRs) submitted by the states for fundings under the National Adaptation Fund for Climate Change (NAFCC).

... Read more..

Source: India Today

Ghaziabad Municipal Corporation plans to make power from civic waste

The GMC has a green plan for the tonnes of civic waste generated in the city every day.

The corporation plans to produce electricity from the waste in a waste-to-energy plant on a newly acquired 18-acre plot of land in Galand in the city’s first solid waste management plant. According to Ghaziabad municipal commissioner C P Singh, an expression of interest has been invited for the waste-to-energy plant.... Read more..

Source: The Economic Times

Indian builders pledge "green" homes in race to meet climate goals

(Thomson Reuters Foundation) - India's top builders have pledged to make at least a fifth of their new housing developments sustainable by 2022, as the country looks to tap sectors other than renewable energy to meet its ambitious climate goals. 

The campaign is led by the Sustainable Housing Leadership Consortium (SHLC) comprising builders Godrej Properties, Mahindra Lifespaces, Shapoorji Pallonji, Tata... Read more..

Source: The Economic Times

Petrol, diesel vehicles have been banned within 500 metre of Taj Mahal: Union minister

The Taj Trapezium Zone (TTZ) Authority has banned petrol and diesel vehicles within 500 metre of Taj Mahal, the government said in the Lok Sabha on Tuesday. 

In a written reply, Union Environment Minister Harsh Vardhan said a study had found that the white marble of the historic monument was turning yellow due to carbon pollution. 

... Read more..

Source: The Economic Times

India’s Mizoram targets 80MW under solar power policy

The far eastern Indian state of Mizoram has adopted its own solar power policy targeting 80MW of solar deployment by 2021/22.

The ‘Solar Power Policy of Mizoram 2017’ noted that cooler temperatures, due to the state’s natural breeze, are highly conducive to setting up solar PV projects in the state. National Institute of Solar Energy (NISE) has estimated the state’s potential for solar energy to be at around... Read more..

Source: PV TECH

IIT-Madras launches second phase of 'Carbon Zero Challenge' to identify innovative solutions to India’s energy problems

The second phase of the ‘Carbon Zero Challenge’ was recently launched at Indian Institute of Technology Madras. Personalities from academia, venture capitalists and entrepreneurs took part in the event.

The Carbon Zero Challenge is a pioneering initiative by the IIT-Madras and Industrial Waste Management Association (IWMA), in collaboration with the U S Consulate General Chennai, Polaris - A Virtusa Company... Read more..

Source: The New Indian Express

Low solar tariffs to cancel two tenders

The steep fall in solar tariffs may have delighted discoms and other power consumers, but it is also having unintended consequences. Last week, it forced the Solar Energy Corporation of India (SECI) to cancel two tenders it had announced last year which were to include storage capacity for the first time in India.

One disadvantage of both solar and wind power is their ‘erratic’ or ‘infirm’ nature — they are... Read more..

Source: The Economic Times

IFC plans $6 billion investment in India

International Finance Corporation (IFC), a World Bank Group member, is planning to invest up to $6 billion in India over the next five years to support initiatives in renewable energy and green buildings, said a top official of the institution.

“We have already invested over $2 billion in green buildings initiatives in India since 2005. Over the next five years until 2022, we will be investing $5 billion to... Read more..

Source: The Economic Times