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Sustainability Outlook Headlines
Goldman-backed ReNew says Andhra Pradesh problems could hurt India's renewables targetInvestors could be put off India by Andhra Pradesh state’s difficult relationship with renewable energy companies, Sumant Sinha, chair of Goldman Sachs-backed (GS.N) ReNew Power, said on Thursday. India, the world’s third-largest emitter of greenhouse gases, wants to raise its renewable energy capacity to 500 gigawatts (GW), or 40% of total capacity, by 2030. The southern state of Andhra Pradesh is among the largest adopters of renewable energy and ReNew Power, about 49% owned by Goldman Sachs, is India’s largest renewable energy company. But the state has been curtailing power procurement... Read more.. Date : Nov 1 Source: Reuters India
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Noida to get plastic bottle-crushing machines on FridayThree plastic bottle-crushing machines will be installed in the city on Friday as part of efforts to ensure proper disposal of plastic waste, the Noida Authority has said. One machine each will be installed at the Noida Authority office in Sector 6, Brahmaputra Market in Sector 29 and Sector 18 Market, it said. "This is the first phase of installation of such machines and depending on the feedback from citizens more such machines will be installed across the city as per need," it said in a statement. The authority said each plastic bottle-crushing machine is being procured at a cost of Rs... Read more.. Date : Nov 1 Source: The Times of India
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Diseases linked to a degraded environment continue to ravage IndiaA degraded environment filled with air and water pollution continues to affect health of people in India, according to the National Health Report (NHP) released on October 31, 2019. Air pollution-linked acute respiratory infections contributed 68.47 per cent to the morbidity burden in the country and also to highest mortality rate after pneumonia. Acute diarrhoeal diseases, caused due to drinking contaminated water, caused the second highest morbidity at 21.83 per cent. Cholera cases went up to 651 in 2018 from 508 in 2017, the report showed. Uttar Pradesh followed by Delhi and West Bengal... Read more.. Date : Nov 1 Source: Down To Earth
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Demand for freshwater poses a threat to Chambal riverOnce known for harbouring dacoits, the Chambal badlands in central India, have another, and not so notorious, reason for their fame – the river Chambal and its wildlife. The region is home to the critically endangered gharial and endangered species like dolphins. Several infrastructure projects in the Chambal river and its nearby area are putting pressure on the region and its resources, with the latest related to a water supply project for Madhya Pradesh. The construction of an “intake well in Chambal river and laying of water supply pipeline for Sheopur” was discussed in the August 29,... Read more.. Date : Nov 1 Source: Mongabay
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India and Germany likely to sign agreement on artificial intelligenceGermany and India are likely to sign agreements including a partnership on the use of artificial intelligence in farming during a three-day visit to New Delhi by Chancellor Angela Merkel that begins on Thursday, the German ambassador said. Merkel will be accompanied by several cabinet colleagues and a business delegation, ambassador Walter J. Lindner told reporters. Merkel and Indian Prime Minister Narendra Modi are expected to discuss trade, investment, regional security and climate change. Both countries could sign agreements in areas such as artificial intelligence and green urban... Read more.. Date : Oct 31 Source: The Economic Times
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India ranks third among Asian countries for environmental sustainabilityIndian companies have ranked third in Asia's overall environmental sustainability out of eight markets studied, with an average score of 63.12, which is slightly exceeded the regional average of 62.34 points, according to a survey. Companies in Hong Kong recorded the best overall performance in Asia with an average score of 70.06, followed by South Korea (64.57) and India (63.12), according to 'Financing a Sustainable Future in Asia' report by global financial markets data and infrastructure provider Refinitiv. "With Asia set to lead global economic growth in the coming decade, the region'... Read more.. Date : Oct 31 Source: The Business Standard
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Hero Future's stake buy by Abu Dhabi Future Energy gets CCI nodThe Competition Commission of India (CCI) has given nod under the green channel route to Abu Dhabi Future Energy Company for acquiring equity stake in Hero Future Energies Global Ltd. Besides, the transaction involves acquisition of non-voting compulsorily convertible preference shares in Hero Future Energies Private Ltd. "The proposed combination in terms of...Combination Regulations (i.e. notice for approval of combinations under green channel) is deemed to be approved," the CCI said in a statement. The Abu Dhabi Future Energy Company PJSC (Masdar) is an international renewable energy... Read more.. Date : Oct 31 Source: ET Energy World
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CCI approves Hyundai and Kia's acquisition of shareholding in OlaFair trade regulator Competition Commission of India (CCI) on Wednesday said that it had approved Hyundai Motor Company (HMC) and Kia Motors Corporation’s (KMC’s) acquisition of shareholding in ANI Technologies Private Limited (ANI), the parent company of ride-hailing firm Ola, and its electric vehicle arm Ola Electric Mobility Private Limited (OEM). This approval came under Section 31(1) of the Competition Act, 2002. The proposed combination relates to HMC and KMC’s acquisition of equity stake in ANI and OEM. In March this year, Hyundai and Kia had said they would invest $300 million in... Read more.. Date : Oct 31 Source: The Business Standard
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Iffco reveals plans to drive sustainable developmentWith India likely to be among the nations most significantly affected by climate change, fertiliser co-op Iffco is intensifying efforts to develop efficient products that are not harmful to the environment. In the coming decades the country could face severe challenges, from rising sea levels and deadly heatwaves to worsening inequality. As the world’s biggest co-operative by GDP, Iffco says it aims to play a key role in addressing some of these challenges while hoping that others in the industry might follow. In March the co-operative, which has over 30,000 co-op societies and more than... Read more.. Date : Oct 31 Source: Coop News
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After Chhattisgarh’s, ‘Meal In Exchange For Plastic Waste’, Odisha Starts A Similar SchemeEarlier in October this year, India’s second cleanest city according to Central Government’s cleanliness survey, Ambikapur in Chhattisgarh, opened the door of a unique ‘garbage café’ where the poor and homeless are provided food free of cost in lieu of plastic waste deposited. Now, following the same footsteps, Kotpad Notified Area Council (NAC) in Koraput district of Odisha has started a similar initiative where poor people will be provided with cooked free meals in exchange for a kilogram of plastic waste. The meal in exchange for the plastic initiative in Odisha has been flagged off... Read more.. Date : Oct 31 Source: Swachh India NDTV
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Highrises, malls may have to provide EV-charging facilitiesBased on a request from Bangalore Electricity Supply Company (Bescom), Karnataka Electricity Regulatory Commission (KERC) will soon issue a notification to make it mandatory for all upcoming highrises, shopping malls and apartment complexes to provide provision for dedicated electric vehicle (EV) charging facilities in their parking lots. In order to boost electric vehicle mobility in the city, Bescom had earlier sent a proposal to the urban development department on this. The notification will be issued as an amendment to the Conditions of Supply of Electricity of Distribution Licensees... Read more.. Date : Oct 31 Source: The Times of India
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100 more buses needed to expand city bus ops, Metro feeder serviceWith a view to improve public transport system, the programme manager of Aapli Bus — Delhi Integrated Multi-Modal Transit System (DIMTS) Ltd has asked Nagpur Municipal Corporation’s transport department to procure 100 additional buses. Due to inadequate fleet, the NMC is unable to start feeder bus service for Nagpur Metro and unable to expand city bus operations on new routes. In a letter to the transport manager, DIMTS team leader Suryakant Ambadekar has urged the department to procure 50 standard and 50 midi buses. Lesser number of buses has affected city bus operations too. At present,... Read more.. Date : Oct 31 Source: The Times of India
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How electric cycle rickshaws are driving the e-mobility boom in West BengalA silent electric vehicle revolution is playing out in suburban West Bengal, within Kolkata city and on its fringes. At the forefront of this revolution is the now ubiquitous e-rickshaw. Alongside it is the battery-operated version of the ‘desi’ cycle-rickshaw, a breed that is growing in number by the day. This home-grown version resembles the pedal-powered cycle-rickshaws of yore; but instead of pedals, they run on rechargeable lead-acid batteries. The retrofitted ‘e-cycle rickshaws’ come with an accelerator, a headlight, a tail-light, indicators, and even wind-shields (in some cases).... Read more.. Date : Oct 31 Source: The Hindu Business Line
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Nuclear power generators helped avoid 500 MT Of CO2 emissions last yearNuclear energy in Asia is meeting the growing demand for electricity while helping tackle air pollution and climate change, The World Nuclear Performance Report 2019 Asia Edition indicated. The report, published by the World Nuclear Association, was launched today at Singapore International Energy Week. Nuclear generation in Asia continued its rapid growth in 2018, increasing by 12 per cent. By replacing coal-fired generation nuclear energy avoided the emission of over 500 MT of carbon dioxide last year. “Nuclear is fast, scalable and a long-lasting way to add clean electricity generation... Read more.. Date : Oct 31 Source: ET Energy World
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Coal demand resilient in Asia even as renewables pick up pace - IEACoal demand in Asia will grow in coming years primarily due to its affordability as the region needs to power up its fast-growing economies, a director of the International Energy Agency (IEA) said on Wednesday. The region will continue to see widespread use of coal, increasing carbon emissions, even as renewable power resources become cheaper and increasingly more feasible, Keisuke Sadamori, IEA director for energy markets and security said. Coal's share in the energy mix will increase in Southeast Asia, but coal demand will also increase in other parts of Asia such as India, Pakistan or... Read more.. Date : Oct 31 Source: Yahoo Finance
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Rising sea levels pose threat to homes of 300m people – studyMore than three times more people are at risk from rising sea levels than previously believed, research suggests. Land that is currently home to 300 million people will flood at least once a year by 2050 unless carbon emissions are cut significantly and coastal defences strengthened, says the study, published in Nature Communications. This is far above the previous estimate of 80 million. The upward revision is based on a more sophisticated assessment of the topography of coastlines around the world. Previous models used satellite data that overestimated the altitude of land due to tall... Read more.. Date : Oct 30 Source: The Guardian
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India, Saudi Arabia ink 12 agreements in sectors including renewable energyIndia and Saudi Arabia on Tuesday signed 12 MoUs and agreements in key sectors including defence industries collaboration, renewable energy, security cooperation and civil aviation. The agreements were signed in the presence of Prime Minister Narendra Modi and Saudi Crown Prince Mohammed bin Salman. The two countries signed a Strategic Partnership Council agreement to further cement the bilateral ties in political, defence, security, trade and investment sectors between the two countries. An MoU was inked on cooperation in the field of renewable energy between the Saudi Ministry of Energy... Read more.. Date : Oct 30 Source: ET Energy World
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Solar auctions: Govt relaxes norms to attract biddersIn the wake of tepid response received from the industry towards recent solar auctions, the ministry of new and renewable energy (MNRE) has amended the terms for bidders, allowing developers more time and flexibility to set up projects. This is the fourth set of revisions since the launch of auctions in August 2017. Major solar tenders have remained under-subscribed recently with issues such as irregular payments, land acquisition and abrupt power curtailment from the state-owned power distribution companies (discoms) making the industry jittery. According to a senior MNRE official, the... Read more.. Date : Oct 30 Source: Financial Express
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India Issues Tender For Round-The-Clock Renewable Energy SupplyThe Solar Energy Corporation of India recently issued its first tender for round-the-clock renewable energy supply. This opens a major new avenue in India’s rapidly evolving renewable energy sector. SECI has offered 400 megawatts of capacity to project developers under this tender. The minimum capacity developers can bid for is 200 megawatts, while the maximum is the entire 400 megawatts. No tariff threshold has been specified. Developers are required to quote tariffs for the first year of operation. The tariff will be increased at 4% every year for 15 years after which the tariff shall... Read more.. Date : Oct 30 Source: CleanTechnica
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French minister visiting India to co-host second ISA assemblyFrench Deputy Minister for Ecological and Inclusive Transition Brune Poirson is visiting India to co-preside over the second Assembly of the International Solar Alliance here on Thursday. Poirson, who is on a three-day India visit from Wednesday, will co-president the ISA event along with Raj Kumar Singh, Minister of State (IC) of Power, and New and Renewable Energy. The International Solar Alliance brings together 80 States and offers concrete solutions that help reduce the cost of solar installations, particularly in developing countries. The French minister is to call on Singh for... Read more.. Date : Oct 30 Source: ET Energy World
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Himachal CM lays stone for 240 MW Kuthed Hydro Electric ProjectHimachal Pradesh Chief Minister Jai Ram Thakur on Tuesday inaugurated and laid foundation stones for developmental projects of Rs 209 crore in Bharmour and Pangi areas of Chamba district. He laid the foundation stone for 240 MW Kuthed Hydro Electric Project to be constructed at a cost of Rs 2,750 crore. He also laid foundation stones for metaling and tarring works of Dalli to Naha road and construction of Choli to Kawarsi road to be completed with an outlay of Rs 4 crore and Rs 5.83 crore, respectively. He also inaugurated 15 MW Kawarsi and 9 MW Salun Hydro Electric Projects at Hiling... Read more.. Date : Oct 30 Source: ET Energy World
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Goa gets first hybrid renewable energy plant at VernaGoa’s first 50 KW wind solar hybrid energy plant has been installed at Pfizer Limited’s manufacturing unit at Verna Industrial Estate. The six-blade, low RPM wind and solar energy system has been installed by Revayu Systems pvt ltd, said officials. In the future, Revayu Systems plans to install another 400 KW hybrid rooftop project for United Breweries Limited at Ponda. Revayu Systems has also completed a three months trial hybrid project for Goa Energy Development Agency (GEDA). The government of Goa already has a solar policy in place and power minister Nilesh Cabral has indicated that a... Read more.. Date : Oct 30 Source: ET Energy World
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Meghalaya Government Launches Project ‘Beat Plastic Pollution with Sla & PlaThe Meghalaya government on Monday launched a project to ‘Beat Plastic Pollution with Sla & Pla’ at Laitumkhrah Parking Lot Shillong. This initiative is basically launched to reduce the use of plastic and use environment-friendly bags and materials. This project is a mission mode initiative by the Meghalaya State Planning Board. According to Lambor Malngiang Chairman of the Meghalaya State Planning Board, plastic has become a universal concern and urged the people to take this problem seriously and overcome the use of plastic. According to his statement, “These materials not only... Read more.. Date : Oct 30 Source: The Sentinel
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Microsoft set to invest $200 mn in Ola, boost connected car tie-upRide-hailing company Ola is set to unveil a connected car project in partnership with Microsoft Corp., which will also invest around $200 million in Ola’s parent, ANI Technologies Pvt. Ltd, two people aware of the deal said. Microsoft will acquire around 4.5% in ANI Technologies as part of the deal, one of the two people said on condition of anonymity. News agency PTI first reported the fundraise on Tuesday. The project, which began in 2017, aims to connect cars with Internet of Things sensors, and the transmitted data is stored in the cloud. The car is thus tracked not only for its... Read more.. Date : Oct 30 Source: Livemint
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E-Trio offers electric vehicle retrofit servicesE-Trio has become among the first electric vehicle (EV) retrofitting company to have certifications for Dzire and Tata Ace vehicles. The Hyderabad-based company has announced it has appointed BharatMobi as B2C channel partner and working towards the certification for 15 more categories of vehicles. When the diesel and petrol prices are skyrocketing, it’s time for people to switch to economically viable options, the company said. E-Trio has recently become amongst the first companies to have certifications for Dzire and Tata ace apart from Alto from apex institutes such as ARAI and ICAT. It... Read more.. Date : Oct 30 Source: The Hindu Business Line
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