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Sustainability Outlook Headlines
Ray of hope as Andhra Pradesh starts clearing renewable dues this weekEnding months of impasse and uncertainty, the Andhra Pradesh government has started clearing arrears to renewable energy companies, providing partial succour to close to 5,000 MW of green energy projects. The projects have been battling amplified risks since chief minister Y S Jagan Mohan Reddy soon after taking power last year, decided to set up a committee to renegotiate contracts and stop outstanding dues. As a first step towards reconciliation, Andhra Pradesh power distribution companies are believed to have released around Rs 2,500 crore this week in several tranches to settle pending... Read more.. Date : Jan 6 Source: ET Energy World
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Delhi: Bin free areas, plantation to check air pollution among tasks outlined by NDMC in its 2020-21 budgetMaking areas garbage bin-free, setting up 100 charging stations for electric cars besides an intensive plantation drive to mitigate air pollution are among the top tasks underlined by the New Delhi Municipal Council (NDMC) in its 2020-21 budget. The civic body chairman Dharmendra presented his maiden budget on Friday with a financial projection of Rs 4,372.40 crore and said an Integrated Command and Control System will be made live by March this year. "We plan to remove roadside garbage iron bin trolleys in a phased manner to make NDMC bin free city. "It is proposed to install 17 more... Read more.. Date : Jan 6 Source: The Times of India
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Punjab: State-owned thermal power plants miss deadline for FGD normsEven as the Central Pollution Control Board (CPCB) had issued directives to the state-owned thermal power plants in the state to install the fuel gas desulphurization (FGD) units by December 31, to cut down on the sulphur emissions, both Ropar and Lehra Mohabatt power plants have missed out on the deadline. The CPCB had in April 2018 and then again on June 25, last year, directed PSPCL to install FDGs by December and cooling tower system by June 2022. The deadline for the three supercritical thermal power plants set up by private players has been set to 2022. After the June reminder, the... Read more.. Date : Jan 6 Source: ET Energy World
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Eden, Adani to invest Rs 2,072 crore in renewable power projects in RajasthanEden Renewables and Adani group have proposed to invest Rs 2,072 crore in the renewable power sector and both the projects have been given 100% exemption from stamp duty and conversion charges under the new RIPS. As per the proposals, Eden Renewables will set up 300 MW solar energy project with an investment of Rs 1,572 Cr in the 3716 bigha. Similarly Adani Group has proposed a 50 MW project for wind energy having investment of Rs 500 crore. Industries minister Parsadi Lal Meena said the proposals indicate the lucrativeness of Rajasthan’s new investment policy which was announced by chief... Read more.. Date : Jan 6 Source: ET Energy World
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Automaker Ather plans to ramp up ops, expand Ather Space, Ather GridAuto-maker Ather, which has signed a memorandum of understanding (MoU) with Tamil Nadu government to build a new factory, on Saturday said it was moving to the next phase of its growth to scale up its operations across the country. As part of its expansion plan, the auto-maker plans to take Ather Space, its flagship experience centre format, across key cities like Coimbatore. The company would design the retail space and experience for its dealer partners with focus on its holistic experience-led model. The experience centres would allow prospective consumers to test-ride and get hands-on... Read more.. Date : Jan 6 Source: Business Standard
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Sustainability Outlook partners with India Smart Grid Forum for India Smart Utility Week 2020ISGF has been organising its flagship annual event, India Smart Grid week (ISGW) since 2015 and it is considered as one of the top five international events on Smart Grids and Smart Cities. With launching of 100 smart city projects by the Government of India, water and city gas distribution utilities will also need to equip themselves with latest technologies for improved operational efficiency and successful integration into the smart city systems. However, lack of effective policy and regulations both at the central and state level... Read more.. |
Sustainability Outlook partners with Indus Exposium for the 2nd Global Summit on Waste to Energy and BiofuelsAfter the huge success of its inaugural edition in February 2019 the 2nd Global Summit on Waste to Energy & Biofuels (GSWEB-2020) is back. With a firm focus on advanced conversion technologies, the summit addresses the need for innovation – not just in technology, but in policy, finance and partnership models – in order to accelerate the growth of the industry In India & worldwide. It will bring together best ever faculty of international & Indian Waste to Energy CEOs, experts, technology providers, private equity and... Read more.. |
MNRE issues draft policy for round-the-clock supply of bundled renewable powerThe ministry of new and renewable energy (MNRE) has proposed a draft policy for the supply of Round-The-Clock (RTC) power to discoms which would be a mix of renewable energy and electricity generated in coal-based plants. The idea is to address the biggest issue with large scale uptake of clean energy – intermittency. Solar and wind energy are not available throughout the day severely limiting their use in modern grids. "The main objective of the scheme is to provide RTC power to the DISCOMs through bundling of RE power with thermal power and to scale up renewable capacity additions. It... Read more.. Date : Jan 3 Source: ET Energy World
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India identifies offshore wind energy potential of 70,000 MW along Gujarat, TN coastsIndia has an estimated offshore wind energy potential to generate around 70,000 Megawatt (Mw) power, most of that identified in coastal Gujarat and Tamil Nadu, according to the ministry of new and renewable energy (MNRE). “Initial studies indicate offshore wind energy potential of about 70 Gigawatt (GW) within the identified zones in the coasts of Gujarat and Tamil Nadu only,” the ministry told the Parliamentary Standing Committee on Energy. Ministry is planning to develop the first offshore wind energy project of 1 GW capacity off the coast of Gujarat. The required geophysical study for... Read more.. Date : Jan 3 Source: ET Energy World
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Auto industry yet to submit study to Niti Aayog on EV transitionThe automobile industry is yet to submit its report on road map to transition two- and three-wheelers to full electric vehicles, according to a senior government official. At a meeting with industry representatives in June last year, the Niti Aayog had asked the industry to come back within two weeks with concrete steps towards the transition but manufacturers had stated they would need a minimum of four months to work on the same. Hero MotoCorp, Bajaj Auto, TVS Motor, and Honda have opposed the Niti Aayog’s plan to push for 100 per cent electric vehicles by completely banning conventional... Read more.. Date : Jan 3 Source: Business Standard
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Tata Motors delay in BSVI compliance results in a decline in sales for 14 months in a rowTata Motors reported a 13% decline in its December domestic sales volumes, failing to bring in any year-end cheer. The auto manufacturer last reported a rise in domestic sales in October 2018. Tata Motors has not yet transitioned to BSVI vehicles which will turn mandatory in April 2020. Its peers like Maruti Suzuki already have several models in the market. In December, Maruti Suzuki’s sales went up by 2.4%. Tata Motors maintains that their focus in December was to drive retail and minimise network stock to facilitate the BSVI transition. “Having almost completed our planned production and... Read more.. Date : Jan 3 Source: Business Insider India
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World's Cheapest Electric Car is Coming to India at Auto Expo 2020, GWM to Showcase ORA R1As the global automotive industry makes an imminent shift away from traditional fossil-fuel-powered vehicles towards a cleaner and sustainable options, global automakers and their markets are expected to adapt quickly. Keep the range anxiety aside, and another giant hurdle for electric vehicles to flourish is the cost of the vehicles. Considering that a majority of the biggest auto markets in the world are developing countries, price plays a huge part amidst the price-sensitive consumers. Keeping an eye on the same, China-based Great Wall Motor is all set to launch the cheapest electric... Read more.. Date : Jan 3 Source: News18
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States on track to lift BPL people: NitiMeghalaya, Tripura, Nagaland and Mizoram are among the states, which are close to taking the the percentage of people living below the poverty line to 10.95 per cent by 2030. This has been reflected in the second edition of the Sustainable Development Goals (SDG) India Index, which comprehensively documents the progress made by states and Union Territories towards achieving the 2030 SDG targets. The index was released on Monday by Niti Aayog. According to the index, the Tendulkar Committee estimated in 2011-12 that 21.92 per cent of the Indian population lives below poverty line. Six... Read more.. Date : Jan 3 Source: Telegraph India
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India has installed 84 GW of renewable energy capacity so far: MNREIndia's renewable energy (RE) capacity had crossed 84 gigawatt (GW) mark by the end of November this year, fresh data released by the ministry of new and renewable energy (MNRE) showed. "A total of 6083.48 MW of renewable energy capacity has been added during the year 2019-2020, taking the cumulative installed RE capacity to 84.39 GW as on November 2019," said the monthly report released by MNRE. The installed RE capacity of 84.39 Gw includes 37.28 GW from wind energy, 32.52 GW from solar, 9.94 GW from bio-power and 4.65 GW from small hydro plants. At present 31.68 GW capacity projects are... Read more.. Date : Jan 2 Source: ET Energy World
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Oil ministry wants cut in GST on CNG vehicles to 5%The oil ministry has proposed reducing the goods and services tax on compressed natural gas (CNG)-driven vehicles to 5% — at par with electric vehicles — from the current 28% to help the government’s drive to popularise gas vehicles. This could mean more than 20% reduction in prices of CNG vehicles. The ministry is seeking support from the finance ministry to cut GST rate on CNG vehicles to make them more affordable, people aware of the development told ET. Natural gas emits 25% less Co2 than petrol on every unit of energy produced. The government aims to raise the share of natural gas in... Read more.. Date : Jan 2 Source: The Economic Times
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Railway gives push to green energy projectsThe Railways is accelerating its efforts to install and use renewable energy as part of its objective to reduce carbon footprint and reduce its power costs. It aims to source about 1,000 MW of solar power and about 200 MW of wind power by 2021-22. Currently, it consumes 200 MW of clean energy. The Railways’ total power requirement is estimated at about 2000 MW. Railways is working on solar rooftop, ground-mounted and wind power projects on railway buildings, stations, hospitals and vacant railway land lying with different zones. The renewable energy projects are being implemented by the... Read more.. Date : Jan 2 Source: The Hindu Business Line
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Chandigarh: Centre releases Rs 5 crore for solar subsidyThe Union government has released Rs 5 crore to the UT administration that will be used to transfer solar subsidy to residents, who had installed solar plants on their rooftops. In the new year, the UT administration will transfer subsidy amount in the account of eligible beneficiaries. The Union government had recently notified the new subsidy scheme for rooftop solar units, wherein the amount has been raised from 30 per cent to 40 per cent for panels up to 3 kWp capacity. For solar units from 4 kWp to 10 kWp, the subsidy will be 20 per cent. The same has been adopted by the UT... Read more.. Date : Jan 2 Source: ET Energy World
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Hero Electric delays Rs 700 cr investment by a yr after failure of FAME IILeading electric two-wheeler maker Hero Electric has put on hold investment of up to Rs 700 crore by a year with the sector taking a nosedive as FAME II, scheme aimed to promote electric vehicles, has failed to deliver, according to a top company official. Calling for a complete revamp of the policy, the company wants the government to include low speed two-wheelers for subsidy arguing that for mass adoption of electric vehicles (EVs) in India these cost effective vehicles are critical. "From an industry standpoint, there was a certain trajectory which was going on when we had FAME I. With... Read more.. Date : Jan 2 Source: Business Standard
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Suzuki JV to invest ₹3,715 crore in second phase of battery ventureJapan’s Suzuki Motor Corp. (SMC), Toshiba Corp. and Denso Corp. will jointly invest ₹3,715 crore in the second phase of their battery venture in Gujarat’s Hansalpur, a confidential company presentation showed. The investment, spread over 2021-25, is part of the ₹5,000-crore corpus that Suzuki announced in October 2019 to build India’s first lithium-ion battery manufacturing plant for EVs. The joint venture, called Automotive Electronics Power Pvt. Ltd (AEPPL), is currently building the first phase at ₹1,214 crore. According to the presentation, seen by Mint, the first phase (2018-20) is... Read more.. Date : Jan 2 Source: Livemint
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Thermax wins Rs 431 crore order for two FGD systems in JharkhandEnergy and environment solutions provider Thermax Ltd said on Tuesday it has concluded an order of Rs 431 crore from a public-private joint venture power company to set up two flue gas desulphurisation (FGD) systems at its thermal power plant in Jharkhand. The customer will install two units of FGD systems of 525 MW capacity each at its plant to limit sulphur oxides emissions in line with revised regulations of the Ministry of Environment, Forest and Climate Change. The scope of supply includes design, engineering, manufacturing, civil work, construction and commissioning of the FGD... Read more.. Date : Jan 2 Source: Sify Finance
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India installed 181,000 solar power pumps for irrigation in three years under PM-KUSUM schemeMore than 181,000 solar power pumps have been installed in the country over the past three years for meeting the electricity demand for irrigation under the Pradhan-Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyaan (PM-KUSUM) scheme being implemented by the Ministry of New and Renewable Energy (MNRE). “The area of land brought under irrigation through these solar pumps depends upon several factors including capacity of pump, type of crop, and ground water level. In general, a 5 horsepower (HP) capacity solar water pump linked with micro irrigation system covers an area of 2.5 hectares... Read more.. Date : Dec 31 Source: ET Energy World
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ICRA revises year-end outlook from stable to negative for renewable energy sectorICRA has revised the year-end outlook for the renewable energy (RE) sector, from stable to negative. The sector is facing headwinds because of the long delays in making payments by the state distribution utilities, execution delays for projects bid out over the past two years due to challenges in completion, land acquisition difficulties, securing transmission connectivity and; financing in a timely manner. Sabyasachi Majumdar, Group Head & Senior Vice President - Corporate ratings, ICRA, says, “The headwinds related to payment delays, uncertainty over resolution of tariff issue for... Read more.. Date : Dec 31 Source: The Hindu Business Line
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HPCL, EESL to set up public charging infrastructure for National Electric Mobility ProgrammeEnergy Efficiency Services Ltd (EESL) and Hindustan Petroleum Corporation Ltd (HPCL), will be setting up public charging infrastructure as part of the National Electric Mobility Programme. The companies have entered into a two-year Memorandum of Understanding (MoU) to synergise business development for setting up Public Charging Infrastructure to boost electric mobility in India. Collaboration for planning, development and installation of charging installations at suitable locations for two, three, and four-wheeler vehicles is covered under this MoU. Date : Dec 31 Source: The Hindu Business Line
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Ampere Vehicles expands its dealership network with 23 new outletsE-mobility subsidiary of Greaves Cotton has announced the expansion of its retail network across the country with the opening of 23 new dealerships since 2019. The company claims that it now has dealerships in the states of Karnataka, Kerala, Tamil Nadu, Odisha, West Bengal, Uttar Pradesh, Uttarakhand and Rajasthan. Ampere Vehicles’ e-scooters include the Zeal, which is a high-speed model. Also, it has medium to low-speed models like V-48 LA, Magnus 60, Reo LA and REO Li in its portfolio. Commenting on the expansion announcement, Nagesh Basavanhalli, MD & CEO, Greaves Cotton, said, “We... Read more.. Date : Dec 31 Source: ET Auto
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Kerala: KSRTC issues fresh tenders for 250 non-AC electric busesIn another attempt towards e-mobility, KSRTC has invited tenders to hire electricity-powered buses for its fleet. As many 250 non-AC buses will be hired by KSRTC for intercity operations for 10 years. Different from previous bids, KSRTC has invited three different tenders for each zone — Thiruvananthapuram, Ernakulam and Kozhikode. There will be 100 e-buses each under Thiruvananthapuram and Ernakulam zone and 50 buses will be operated under Kozhikode zone. KSRTC has demanded for 12-metre long buses with minimum 40 seats (34 seats in case wheel access and locking facility is available)... Read more.. Date : Dec 31 Source: The Times of India
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