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Sustainability Outlook Headlines
Green certificate sales down 2.25 per cent to 6.87 lakh in OctoberSales of renewable energy certificates dipped 2.25 per cent to 6.87 lakh units in October as compared to 7.03 lakh in the same month a year ago due to lower supply, according to official data. Indian Energy Exchange (IEX) and Power Exchange of India (PXIL) are the two power bourses in the country which are engaged in trading of renewable energy certificates (RECs) and electricity. The trading of RECs is conducted on the last Wednesday of every month. According to official data, IEX saw total trade of 4.48 lakh RECs in October as compared to 4.25 lakh in the same month last year. Similarly... Read more.. Date : Nov 18 Source: The Hindu Business Line
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Pune: PMPML e-bus fleet swells, charging points remain fewThe Pune Mahanagar Parivahan Mahamandal Limited (PMPML) has added 26 more electric buses to its fleet, taking the total number of such buses to 96. However, a source in the transport body said there is an immediate need to arrange charging points at more depots to correspond with the increase in e-buses. At the moment, the e-buses are operational on 19 routes. “The fleet had 70 e-buses and new buses have been added very recently. Of the total, 30 buses have been given to the Nigdi depot and 66 to the Bhekrainagar depot. Only these two depots have charging points for the e-buses. Talks are... Read more.. Date : Nov 18 Source: ET Energy World
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Solar power: Projects worth Rs 50,000 crore in pipeline for Ladakh, says Amit ShahDevelopment plans entailing total investments of Rs 50,000 crore in power, solar energy, education and tourism sectors are in the pipeline for the newly-created Union territory of Ladakh, home minister Amit Shah said on Sunday. Launching the sale of winter-grade diesel in Ladakh’s capital Leh through video-conference, Shah said the government has made a provision to ensure that budget allocations for Ladakh will not lapse in case they are not utilized fully within the fiscal. This has been done in view Ladakh’s special development needs and to allow the local administration to make full... Read more.. Date : Nov 18 Source: ET Energy World
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Bihar: Discoms to be fined for load shedding, says ministerUnion minister of state for power and renewable energy (independent charge) R K Singh on Saturday said a tariff policy, which envisages imposition of fine on discoms (power distribution companies) for load shedding, has been submitted to the Union cabinet. Singh said the power ministry will make a presentation on the new policy on November 19. Singh told media persons here that after providing electricity to all households in the country, the government is now targeting to ensure 24-hour uninterrupted power supply. “Electricity has reached all households in the country, barring some in... Read more.. Date : Nov 18 Source: The Times of India
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Rajya Sabha Secretariat hires E-vehicles to ferry members within Parliament complexRajya Sabha Secretary-General Desh Deepak Verma on Friday flagged off two units of E-vehicle transport facility for ferrying members in the parliament premises. Rajya Sabha Chairman and Vice President Venkaiah Naidu also inspected the E-vehicles after they were flagged off. The vehicles have been hired in line with the policy of the Central government for active promotion of electric vehicles, given its eco-friendly nature and sustainability. Speaking on the occasion, Verma stated that keeping in view the prevailing pollution in Delhi and the adverse impact of climate change in the world,... Read more.. Date : Nov 18 Source: India Today
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Energy saving: Northern Railway introduces tech in 32 trains to cut energy billsIn an effort to cut down on its energy bills, the Delhi Division of Northern Railway has achieved an unprecedented feat by converting and successfully running 32 pairs of premium and express trains on the 'head on generation' (HOG) system. In a press statement, SC Jain, Divisional Railway Manager, Delhi, said: "The HOG system does not require any diesel oil consumption and as such will reduce air pollution and also noise pollution. It also provides uninterrupted illumination in the coaches." He further said that this system is expected to save around Rs 65 crore per annum on diesel... Read more.. Date : Nov 18 Source: ET Energy World
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China's Foton aims to sell 200,000 new energy CVs by 2025Daimler's Chinese truck venture partner Beiqi Foton Motor aims to sell 200,000 new energy commercial vehicles by 2025, its chairman, Zhang Xiyong, told a conference on Saturday. Foton, a BAIC Group unit, will develop battery electric, hydrogen fuel cell and gasoline-electric trucks and vans, Zhang said, without giving details of the company's investment in the project. Previously, the company has also announced to jointly invest with PMI Electro Mobility Solutions for setting up an electric bus manufacturing plant at Pune, India in the next two to three years. For this, overall investment... Read more.. Date : Nov 18 Source: ET Auto
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Tata Power to operate EVs as part of its maintenance fleet in DelhiTata Power Delhi Distribution Ltd. (TPDDL), a power distribution company (DISCOM) in our national capital, has announced its intention to operate battery-electric cars as part of its fleet. The company has rolled out a pilot project with the car-rental service Zoomcar that will see electric vehicles (EVs) serve in its operation and maintenance activities in the city; this includes the installation of smart meters. TPDDL will be implementing the scheme in a phased manner and it plans to start with the induction of 12 EVs into its fleet. The company recently flagged off the first phase of... Read more.. Date : Nov 18 Source: Auto Car
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Sustainability Outlook partners with Center for Responsible Business for the 6th Annual Sustainability ConferenceThe theme this year is “Market Dynamics & Social Dilemmas of Promoting Sustainable Business”New Delhi, Delhi, India: Centre for Responsible Business, a think-tank for promoting sustainability practices has launched the Sixth edition of its annual flagship conference, India & Sustainability Standards (ISS), a melting pot... Read more.. |
Chinese automaker BYD to enter Indian EV marketChinese companies are making beeline for India's electric vehicle market. The latest to join the bandwagon is Chinese biggie BYD. Local electric fleet operator ETO Motors in collaboration with BYD has announced it will deploy a fleet of cargo vehicles comprising of 3W and 4W. These vehicles will be designed and manufactured with BYD’s power battery, motor, motor controllers & powertrains. Electric 3W fleet deployment will include electric-rickshaw, electric-cart, electric-auto (L5M & L5N category) and electric three-wheeler cargo, while Electric 4W cargo includes electric 4W... Read more.. Date : Nov 15 Source: The Times of India
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Greaves Cotton completes acquisition of Ampere VehiclesEngineering firm Greaves Cotton Ltd on Thursday said it has increased its stake in Coimbatore-based Ampere Vehicles making the completion of the acquisition. Greaves Cotton announced the completion of the acquisition of entire shareholding of Ampere Vehicles CEO, Hemalatha Annamalai through secondary purchase thereby taking absolute control in Ampere Vehicles, a company statement said. "This is part of Greaves' long-term strategy to strengthen and expand its presence in last-mile e-mobility space...," a company statement said. Greaves Cotton, in 2018, first picked up 67.34 per cent stake... Read more.. Date : Nov 15 Source: ET Auto
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Tata Motors opens Advance Power Systems Engineering Tech Centre in PuneTata Motors on Wednesday inaugurated the Advance Power Systems Engineering Tech Centre at the Engineering Research Centre (ERC) in Pune. This futuristic tech centre will play a key role in engineering, testing and developing cutting-edge powertrain solutions for all its products, bringing in synergies across PV, CV and EV Businesses. This new world-class facility will primarily focus on future development of BS6 (Phase 1 & 2), Real Driving Emissions (RDE), CAFÉ II, Hybrids, Electrification and BS7. Guenter Butschek, CEO & MD, Tata Motors said, “We at Tata Motors have been... Read more.. Date : Nov 15 Source: The Times of India
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Tech Mahindra and Mahindra TEQO partner to create digital solutions for renewable energy industryTech Mahindra and Mahindra TEQO, both part of the Mahindra Group, are collaborating to create digital solutions for the renewable energy sector. These solutions—created by leveraging next generation technologies like artificial intelligence, machine learning, augmented reality, virtual reality and industrial internet of things—will have the potential to decrease operating and maintenance costs by a fifth, Tech Mahindra told reporters on Thursday. The partnership will create a digital ecosystem for the global renewable energy industry to deliver end-to-end integrated solutions to customers... Read more.. Date : Nov 15 Source: ET Energy World
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Developing EV infrastructure in India will take time: HondaResolution of challenges related to range and cost of electric vehicles, the establishment of supporting infrastructure like charging and battery swapping stations and the subsequent adoption of the technology by the populace in India will take time, said Japanese auto major Honda. While the company will continue investment in its EV program for India, it will wait for the infrastructure to be developed in the country before marketing its electric two-wheelers, Noriaki Abe, managing officer at Honda Motor Company told ET along the sidelines of EICMA 2019 in Milan. Honda has conducted a... Read more.. Date : Nov 15 Source: ET Energy World
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Air pollution claimed over 5 lakh lives in India in 2016: ReportMore than five lakh people died prematurely in India in 2016 due to dangerous levels of outdoor air pollution and over 97,000 of the them died after being exposed to pollutants from coal burning, a new report revealed on Thursday. The Lancet Countdown 2019 on health and climate change also cautioned that the impact of air pollution in India will worsen if the country does not shift from coal-based energy. It emphasised on rapidly decreasing coal use to zero, saying it was crucial to meeting the commitments of the Paris Agreement. "Total energy supply from coal increased by 11% in India... Read more.. Date : Nov 15 Source: Livemint
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SUV boom is killing the environmental benefits of EVs, reveals IEA studyThe hatchbacks, sedans are on the back foot with the rise of the crossovers and SUVs. These gas guzzlers are actually killing the benefits of the electric vehicles, claims a study by International Energy Agency. The Paris-based intergovernmental organization claims that the growth of the number of electric vehicles across the world is instrumental in curbing global emissions, but the benefit is being undercut by the rapid rise of SUVs. The agency expects there will be around 330 million electric cars on global roads by 2040, up from IEA's own forecast in 2018, where it said there will be... Read more.. Date : Nov 15 Source: ET Auto
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India gets USD 43 million from Green Climate Fund to boost climate resilience in 3 coastal statesIn a move that may positively impact over 10 million people living on the coastline, India on Wednesday kicked-off a USD 43 million project to boost climate resilience in three coastal states in partnership with the United Nations Development Programme (UNDP). The project is funded by the Green Climate Fund, established within the framework of the United Nations Framework Convention on Climate Change (UNFCCC) to assist developing countries. The six-year project will build climate-resilient livelihoods for 1.7 million people in Andhra Pradesh, Maharashtra and Odisha, offset 3.5 million... Read more.. Date : Nov 14 Source: Yahoo News
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After months of gloom, govt’s mega solar offering soarsThe government’s latest offering of solar power projects based on indigenous kits attracted bids for twice the 1,000 MW capacity offered by state-run SECI (formerly Solar Energy Corporation of India) Ltd on Thursday, marking a revival in investor sentiment as a result of several progressive policy tweaks making domestic manufacturing a viable option. This marks the first over-subscription of a renewable energy capsule in nearly two years during which auctions for solar and wind energy projects of over 10 GW had to be extended, postponed or retendered in the absence of response from... Read more.. Date : Nov 14 Source: ET Energy World
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Renewable energy ministry rules out removal of tariff capsThe government will not remove the wind and solar ‘tariff caps’ or the fixed highest ask price in the wind and solar capacity auctions of the Government of India, Anand Kumar, Secretary, Ministry of New and Renewable Energy, told BusinessLine on Tuesday. The Government of India-owned company, SECI, conducts capacity auctions on behalf of the government. The tariff caps for the latest auctions of wind and solar were Rs 2.93 and Rs 2.85 respectively. The existence of the tariff caps has been a sore point with the industry, which it finds unfair and unviable. However, Kumar has a different... Read more.. Date : Nov 14 Source: The Hindu Business Line
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Power discom BRPL to launch trial for solar power trading among consumersThe BSES Rajdhani Power Limited (BRPL), one of the power distribution companies here, will launch a block-chain based platform on trial basis for consumer-to-consumer (or peer-to-peer) solar power trading. The method can be used by consumers with rooftop solar power infrastructure to further monetise their investment. Consumers with rooftop solar infrastructure can sell their excess solar energy to their neighbours even if they do not have rooftop solar, said the BSES spokesperson. The BSES Rajdhani Power Limited (BRPL) has partnered with Australia's Power Ledger, a global player in the... Read more.. Date : Nov 14 Source: ET Energy World
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BRICS nations must adapt clean energy transition, says reportAs the BRICS leaders' summit starts in Brazil, a first-of-its-kind report on Wednesday brought together data on both revenues and subsidies related to fossil fuels. In India, revenues from fossil fuels stand at 17.8 per cent, compared to 4.2 per cent in China. The report -- 'Beyond fossil fuels: Fiscal transition in BRICS' -- from the Global Subsidies Initiative (GSI) of the International Institute for Sustainable Development (IISD) and the Leave it in the Ground (LINGO) estimates that in 2017 taxes and other revenues from fossil fuel production and consumption amounted to 23.6 per cent of... Read more.. Date : Nov 14 Source: ET Energy World
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Delhi pollution: Supreme Court proposes hydrogen fuel vehicles; industry disposesThe Supreme Court's suggestion to look at hydrogen fuel vehicles as panacea to the problem of air pollution in India has met with a sceptical response from industry as well as civil society. Globally, unlike electric vehicles, hydrogen fuel vehicles are still being tested on quality and efficiency parameters and not used on a commercial basis on a large scale. Even in markets like China, Japan and South Korea that are taking a lead in the development of the technology, sales have been negligible. China, a market of 28 million units annually, has less than 1500 units of hydrogen vehicles on... Read more.. Date : Nov 14 Source: Business Today
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Constantia Flexibles pioneers in India in sustainable packaging productionConstantia Flexibles, the world’s third-largest producer of flexible packaging headquartered in Vienna, Austria, will open the world’s first plant designed to produce more sustainable and recyclable flexible packaging only in India. Production focus at the plant lies at the more environmentally friendly packaging family, EcoLam. The official opening of the site will take place on 20 November 2019, in Ahmedabad, Gujarat. The reduction of waste in general and plastic waste, in particular, is an important issue for the food processing and home and personal care industry in India. The Indian... Read more.. Date : Nov 14 Source: Packaging South Asia
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Climate change could reverse India’s health progressClimate change is threatening to reverse the progress made by India on tackling maternal and child health issues as well as on containing mosquito-related illnesses such as dengue and malaria, latest research published in medical journal Lancet has warned. The paper warns that by 2050, carbon dioxide concentrations are projected to reach levels which will lead to zinc and protein deficiencies in an additional 5 crore and 3.8 crore people respectively in India by 2050. Forty crore women of childbearing age and one crore children under five at greater risk of iron deficiency, it states. “... Read more.. Date : Nov 14 Source: The Hindu Business Line
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Electric vehicles' rise may lead to slow global oil demand from 2025: IEAGrowth in global oil demand is expected to slow from 2025 as fuel efficiency improves and the use of electric vehicles increases, but consumption is unlikely to peak in the next two decades, the International Energy Agency said on Wednesday. The Paris-based IEA, which advises Western governments on energy policy, said in its annual World Energy Outlook for the period to 2040 that demand growth would continue to increase even though there would be a marked slowdown in the 2030s.The agency's central scenario - which incorporates existing energy policies and announced targets - is for demand... Read more.. Date : Nov 14 Source: Business Standard
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