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Sustainability Outlook Headlines
India signs LOCs in water supply, solar projects with GuineaIndia on Thursday extended Line of Credits for one water supply and two solar projects in Guinea. The agreements were exchanged in the presence of External Affairs Minister S Jaishankar and his Guinean counterpart Mamadi Toure. "Pleasure to receive Foreign Minister of Guinea, Mamadi Toure. Opening of our Embassy in Conakry this year has added a new impetus to our relations. Welcome the signing of LOCs for Conakry water supply project and two solar projects," Jaishankar said. The External Affairs Minister also said that the development of the solar projects reflected Guinea's commitment to... Read more.. Date : Dec 6 Source: ET Energy World
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Rajasthan, TN, Karnataka to declare ''no new coal'' policyRajasthan, Tamil Nadu and Karnataka could follow in the footsteps of Gujarat and Chhattisgarh to declare a ''no new coal'' policy, a new analysis said on Thursday. This implies these states will not need any new coal power plants in the future, and all of their future energy demands could be cost-effectively met by renewable and flexible based energy alone. The report, ''Winds of Change: No New Coal States of India'', was released by New Delhi-based climate communications organisation Climate Trends. It said its findings were on the analysis of current economic indicators, the states'... Read more.. Date : Dec 6 Source: Outlook India
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MG ZS electric SUV unveiled; comes with air purifier, runs 340 km fully chargedMG Motor India has unveiled its second product, the ZS EV, in India after the popular introduction of Hector in July this year. The electric sports utility vehicle is based on the same spec as the MG GS model that is sold in the global market. The iconic British brand, now owned by Chinese giant SAIC Motor Corp, showed off its ZS model Thursday in New Delhi. The vehicle can go as far as 340 kilometres on a single charge, the company claims. The vehicle will compete against the likes of South Korea’s Hyundai Motor Kona, the only other brand with an electric SUV in India. The ZS comes with a... Read more.. Date : Dec 6 Source: Livemint
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Greaves Cotton launches world's cleanest single cylinder BS-VI Compliant Diesel EngineGreaves Cotton today announced the completion of the stringent BS-VI certification for its single-cylinder diesel engine which it claims is the cleanest single cylinder diesel engine on the planet with significantly reduced emissions. The company mentions that these future-ready engines will power diesel 3W of multiple OEMs in India for last-mile transportation, with Piaggio's Ape range of diesel 3W being the first. This single cylinder engine claims to deliver superior fuel efficiency and lower total cost of ownership. The company explains that this new BS-VI engine is powered with... Read more.. Date : Dec 6 Source: Overdrive
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Hyundai plans to bring fuel cell cars to India, Nexo could be first launchKorean auto major Hyundai is planning to bring fuel cell electric vehicles to India. The company has already started a feasibility study as part of the plan. Hyundai Nexo, which is already available in many markets, could be the first launch. The company claims Nexo is the world's first dedicated hydrogen-powered SUV and that it has a range of close to 380 miles, highest for any fuel-cell or electric vehicle in the market. S S Kim, Managing Director and CEO, Hyundai Motor India said, "progress for humanity with zero emission mobility is our responsibility and part of the vision to make a... Read more.. Date : Dec 6 Source: Business Standard
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MG Motor working on sub-₹10 lakh EVMorris Garages (MG) Motor India on Thursday said it is working on a sub-₹10 lakh electric car for the Indian market. Speaking on the sidelines of an event to unveil its electric sports utility vehicle (SUV) – ZS, Rajeev Chaba, President and Managing Director, MG Motor India, said, “If electric vehicle (EV) has to become mainstream, the price point has to be less than ₹10 lakh. You have to have a smart concept...we are looking at that smart concept right now.” He said the company is yet to decide on the shape of the car, the volumes to be produced and where to produce it. “We want to be a... Read more.. Date : Dec 6 Source: The Hindu Business Line
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TERI asserts reduction emission by changing the process of bio-diesel ProductionChanging the process of producing bio-diesel could help reduce tailpipe emissions of nanoparticles, contributing to improving air quality, according to a collaborative study by The Energy and Resources Institute (TERI), the Finnish Meteorological Institute, and Tampere University, Finland. The findings were shared at the Indo-Finnish collaborative conference on ‘Opportunities with Biofuel: Co-benefit of Air Quality Improvement’, organised by TERI at the India Habitat Centre today. A position paper carrying the detailed findings, titled ‘Opportunities to Address Air Pollution with Transport... Read more.. Date : Dec 6 Source: Business World
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Noida authority to set up 5 Megawatt solar power plants at multiple locationsRooftop solar panels generating 5 megawatts of electricity are in the offing at various locations of the city, Noida Authority officials said on Thursday. A request for proposal has already been prepared to invite tenders for the work, which is estimated to be completed in 12 months at a cost of around Rs 43 lakh, a senior official said. "11 locations have been selected for installation of solar photovoltaic power plants that would together generate 5 MW of power," Noida Authority General Manager Rajeev Tyagi said. The decision is yet to be made through e-tendering process for finalisation... Read more.. Date : Dec 6 Source: ET Energy World
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Ghaziabad to be first in Uttar Pradesh to get e-autoThe state will soon get to see its first electric auto-rickshaw plying with the regional transport office (RTO) of Ghaziabad giving registration number to a vehicle. The development comes seven months after state government approved the plying of e-autos. Ghaziabad resident Mukesh Kumar, who became the first person to get the e-auto registered in his name on Tuesday, said he had been looking for an alternative to CNG autos for a long time and after seeing e-rickshaws, he wondered when such vehicles would be launched in the city. “I started doing a recce and found that a Vijay Nagar shop... Read more.. Date : Dec 6 Source: The Times of India
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India ranks 5th in Global Climate Risk IndexIndia is the fifth most vulnerable country to climate change, according to a report released by Environment think tank, Germanwatch. In the Climate Risk Index 2020, India’s rank has worsened from the 14th spot in 2017 to 5th in 2018 in the global vulnerability ladder. India has also recorded the highest number of fatalities due to climate change and the second highest monetary losses from its impact in 2018. India’s high rank is due to severe rainfalls, followed by heavy flooding and landslide that killed over 1000 people. Germanwatch, based in Bonn and Berlin (Germany), is an independent... Read more.. Date : Dec 5 Source: The Times of India
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Explained: How CO2 emission trend reflects India slowdownA new study unveiled on Wednesday says the growth in India’s carbon dioxide emissions this year was likely to be considerably lower than in the last few years. The Global Carbon Project, which puts out emission estimates for across the world every year, has said India’s emissions in 2019 (2.6 billion tonnes or gigatonnes) was likely to be only 1.8 per cent higher than in 2018. This is significantly lower than the 8% growth that India showed last year and the more-than-5% average growth over the last ten years. The growth in global carbon dioxide emissions too is likely to come down this... Read more.. Date : Dec 5 Source: The Indian Express
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Re-negotiation of contracts with renewable energy players discourages investment in sector: WWF-India reportThe renegotiation of contracts with renewable energy players is impacting the viability of investments in the sector according to a report by WWF-India. The report titled, “The Rise of Renewables: Are You REDE?” said, “The fall in Renewable Energy (RE) prices, as a result of economies of scale and reverse bidding led to a series of events where many Discoms across the country have started reneging tariffs as against the spirit of PPAs (Power Purchase Agreements) signed with RE generators and sanctioned by the regulators.” “This directly affects the financial viability of projects set-up by... Read more.. Date : Dec 5 Source: The Hindu Business Line
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Punjab govt partners with WEF to design pilot on clean, electric mobilityTo combat the growing problem of environmental pollution in the state, the Punjab Government has partnered with the World Economic Forum (WEF) to design a Public-Private pilot on shared, clean and electric mobility. The state, which is also formulating its own EV Policy to support the adoption of e-vehicles, has been chosen for the pilot by WEF as it is well positioned for shared EV transition, and already houses an existing auto component manufacturing base, besides having skilled labour and being power surplus. The pilot will examine how Public and Private sectors can interplay to offer... Read more.. Date : Dec 5 Source: The Tribune
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LG Murmu asks for rooftop solar systems for all govt buildings in J-KLieutenant Governor G C Murmu has issued direction to provide 'roof top solar systems' to all government buildings in Jammu and Kashmir Union Territory as part of energy efficiency measures, a government spokesperson said. The directions were given by Murmu during the first meeting of Administrative Council on Tuesday in which the power scenario across the union territory was reviewed, the official spokesperson said Power Development Department Commissioner-Secretary Hirdesh Kumar made a detailed presentation highlighting the power scenario in Jammu and Kashmir, including the status of... Read more.. Date : Dec 5 Source: ET Energy World
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Punjab to set up regulatory authority to check depletion of ground waterThe Punjab Cabinet on Wednesday gave its nod for the creation of the Punjab Water Regulation and Development Authority to check depletion of underground water in the state. Though the authority will be empowered to issue directions on water extraction, it will not be authorised to impose any restrictions or tariff on extraction of water for drinking, domestic and agriculture purposes, a government statement issued here said The cabinet, which met under the chairmanship of Chief Minister Amarinder Singh, decided to promulgate an ordinance called the Punjab Water Resources (Management and... Read more.. Date : Dec 5 Source: Business Standard
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Hyundai's Strategy 2025 aims to electrify India models by 2035South Korean automotive giant Hyundai Motor Company on Wednesday announced it aims to electrify most of its new models in emerging markets like India by 2035. Announcing its 'Strategy 2025' global roadmap to morph into a smart mobility solutions provider, Hyundai also said it would invest a total of KRW 61.1 trillion between 2020-2025 in research and development (R&D) and future core technologies. According to Hyundai, it will first address vehicle electrification by targeting younger demographics and enterprise customers with affordable battery electric vehicles (BEVs) to achieve... Read more.. Date : Dec 5 Source: ET Auto
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Sembcorp buys remaining stake in Sembcorp Energy India for Rs 406 croreSingapore-based Sembcorp Industries said on Wednesday that it is taking over complete ownership of its India business unit, Sembcorp Energy India (SEIL), by acquiring its remaining 5.95% stake from Gayatri Projects (GPL) for Rs 406 crore. SEIL has more than 4,300 MW of operational and under-development coal-based and renewable energy power generation assets in the country. The acquisition will be funded through a mix of internal funds and borrowings, the company said. SEIL is already expanding its footprint in the renewable energy sector in the country. Out of the 800 MW projects it was... Read more.. Date : Dec 5 Source: Financial Express
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Delta Electronics India’s new EV charging solutions to make public charging efficient: Here’s howDelta Electronics India today inaugurated its state-of-the-art E-Mobility Tech Experience Centre. The centre is said to be a concept that can provide a standardised platform for the industry that will have the ability to support all kinds of configurations and ratings for electric vehicle charging in India. The concept aims to strengthen EV charging infrastructure in India moving forward and accelerate electric vehicle adoption in India. At the inauguration of the experience centre, Delta also introduced its next-generation charging solutions for electric vehicles. They include DC City... Read more.. Date : Dec 5 Source: Financial Express
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COP25 climate summit opens in Madrid; Paris pact, multilateralism in focusThe UN Climate Change Conference (COP25) opened here in the Spanish capital on Monday, where delegates are discussing measures to implement the 2015 Paris Agreement amid unclear prospects and challenges to multilateralism. The opening ceremony began with a warning from Hoesung Lee, chair of the Intergovernmental Panel on Climate Change (IPCC): "If we continue as we are doing, we run the risk of increasing the temperature of the planet and that will have an effect and terrible consequences for humanity and threaten our existence." He said that "we are not doing enough and we are not even... Read more.. Date : Dec 4 Source: ET Energy World
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Growth in global carbon emissions slowed in 2019 - reportA surprise drop in coal use in the United States and Europe has helped to slow the growth of global carbon dioxide emissions this year, with softening demand in China and India also contributing, according to a study published on Wednesday. The report, launched at a U.N. climate summit in Madrid, showed that growing appetite for oil and gas meant the world was still far from achieving the drastic reductions in greenhouse gas emissions needed to avert catastrophic global warming. Nevertheless, coal use fell sharply in the United States and Europe, helping slow the projected growth in carbon... Read more.. Date : Dec 4 Source: Reuters India
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Govt plans to bail out clean energy firmsThe Centre is considering offering state governments concessional loans from public sector lenders Power Finance Corp. (PFC), Rural Electrification Corp. Ltd (REC) and Indian Renewable Energy Development Agency (IREDA) to help power distribution companies clear green energy dues. These three companies are the largest lenders to the power sector, and the move is expected to resolve a growing crisis in the clean energy sector even as India chases ambitious targets in renewable energy. With record low solar and wind power tariffs, banks are wary of lending to renewable energy developers as... Read more.. Date : Dec 4 Source: Livemint
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Plan to bring rooftop solar scheme with KfW, says Nitin GadkariThe government is working with German financing institution KfW to bring a rooftop solar scheme that will bring down the cost of the power generated to Rs 2.5 per unit, Union minister of micro, small and medium enterprise (MSME) Nitin Gadkari said. Gadkari said the government is working to bring down the cost of power, logistics and capital which will help reduce cost of production in India. “We are trying to reduce power cost. We are bringing a rooftop solar scheme with KfW, with the help of which the cost of power will be Rs 2.5 per unit at maximum,” Gadkari said at a FICCI Summit on... Read more.. Date : Dec 4 Source: ET Energy World
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Indian Railways signs MoU with DFID for energy efficiency cooperationThe Indian Railways has signed an agreement with the Department for International Development (DFID), United Kingdom for cooperation in the field of energy efficiency of the Indian Railways. As part of its obligations & commitment to reduce carbon footprints, Indian Railways is taking several initiatives in the field of Green Energy to achieve the same. The memorandum of understanding (MoU) will focus on energy planning for Indian Railways in line with Governments’ policies and regulations including 100% greener sources of electricity supply, a government statement said on Tuesday. The... Read more.. Date : Dec 4 Source: ET Energy World
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SECI tweaks 1.2 GW renewables plus storage tenderIn August Solar Energy Corporation of India (SECI) had invited bids to set up an aggregate 1,200 MW of capacity with Inter-State Transmission System (ISTS)-connected wind/solar/wind-solar hybrid projects, along with energy storage, throughout India. The projects—to be developed on a ‘build-own-operate’ basis—will be awarded through an e-bidding process, followed by a reverse auction. A single RE developer can bid for any capacity from 50 MW to 600 MW, quoted only in multiples of 10 MW. SECI shall enter into power purchase agreements (PPAs) with the successful bidders for a period of 25... Read more.. Date : Dec 4 Source: PV Magazine India
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Taiwanese EV firm forms JV with Renon India to produce battery packsTaiwanese electric vehicle (EV) maker Ahamani EV Tech has formed a joint venture with Gujarat based battery maker Renon India on Tuesday to produce battery packs for Indian Automobile market. The new joint venture aims to provide reliable & cutting-edge technology battery packs with higher lifecycle to automakers domestically as the EV market expands to meet evolving consumer needs and to address issues related to energy and climate change, the company said in a release. There has been a joint investment of USD 3.7 million in the JV company to build customized battery packs. The JVC is... Read more.. Date : Dec 4 Source: ET Auto
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