You are here
Sustainability Outlook Headlines
Indian Railways Issues 140 Megawatt Solar-Wind Hybrid TenderIn yet another attempt to boost the mix of renewable energy in its energy mix, the Indian Railways has issued its first tender to implement solar-wind hybrid projects. The Railway Energy Management Company Limited (REMCL) has issued a tender to set up 140 megawatts of solar-wind hybrid capacity. The project shall be spread across three states in the country feeding electricity to three different zones of the Indian Railways. Image: Pexels The Indian Railways has specified the capacity to be implemented in... Read more.. |
Gujarat: Rooftop solar power generation scheme for slums soonThe Government of Gujarat plans to launch a solar power generation scheme for slum dwellers. Not only will slum dwellers get free power, the government will also pay them for surplus power that they generate by installing solar panels. Earlier, the state government launched solar power generation schemes for households with terraces and the Suryashakti Kisan Yojana (SKY) for farmers. These schemes have received a modest response from users. Speaking about the new initiative, a top government official said, “... Read more.. |
Hero, Bajaj, TVS strongly object Niti Aayog's move for all electric two-wheelers, say 'black or white, zero-one change' not possibleIndia's big three two-wheeler maker—Hero MotoCorp, Bajaj Auto and TVS Motor Co— on Monday hit out at Niti Aayog's plan to push for 100 percent electric vehicle, saying such a transition is completely uncalled for and could jeopardise the industry. Arguing that changing from conventional two-wheelers to 100 percent electric is "not like Aadhaar, not a software and print cards", the companies said concerns of all stakeholders must be taken into consideration instead of imposing adoption of EVs. "This is not... Read more.. |
United Nations Asks Business Leaders To Set Tougher Emissions Reduction Targets To Fight Climate ChangeAmidst growing public concerns about climate change that have led to a number of protests around the world and despite the constant warnings from environmentalists, greenhouse gas emissions have been increasing due to the extensive use of fossil fuels and other polluting materials across the world. This has been causing a steady increase in the planet’s temperature and is at the root of a chain events that are threatening survival itself. In a bid to fight climate change and reduce carbon emissions, United... Read more.. |
ICRA expects clarity on safeguard duty, funding for discoms and renewable parks from BudgetRating agency, ICRA expects the budget to give clarity on the status of safeguard duty, higher budget allocation for state-owned distribution utilities, and increased funding for the development of renewable energy parks. "ICRA expects higher budgetary allocation to meet funding requirements of state-owned distribution utilities to strengthen the distribution infrastructure under centrally-sponsored schemes and to enable an improvement in their operating efficiencies," said Girishkumar Kadam, vice-president... Read more.. |
President Ram Nath Kovind Reaffirms Indian Government's Electric Vehicle Push, Highway DevelopmentTerming infrastructure as pivotal in propelling prosperity and growth, President Ramnath Kovind Thursday said the government's endeavour is to build 35,000 km of highways, besides expressways, by 2022 and to lay a strong foundation for urban infrastructure that will encourage employment generation. Addressing the joint sitting of both Houses of Parliament, the President said massive work to create infrastructure is underway, and electric vehicles (EVs) are being promoted to reduce pollution. "Under the '... Read more.. |
KAL to test electric mobility with e-autoKerala has secured the nod for the commercial production of electric three-wheeler from the public sector Kerala Automobiles Limited’s (KAL) plant at Aralumoodu, near Neyyattinkara, in the capital. Kerala Neem G, the three-seater environment-friendly autorickshaw manufactured by KAL, is the first public sector undertaking to get approval in the country. The commercial production comes in the wake of approval from the Pune-based Automotive Research Association of India (ARAI). The auto underwent 10 phases of... Read more.. |
Two-wheeler rental startup Vogo in talks to raise up to $50 millionVogo Automotive Pvt. Ltd, which offers bikes on rent, is in talks to raise $40-50 million as equity to fuel its growth plans, said two people familiar with the matter, requesting anonymity. The Bengaluru-based startup, which operates under the brand Vogo, has mandated Mumbai-based investment bank Avendus Capital for the latest fundraise, said the first person cited above. The second person said the talks with multiple investors are at an early stage. Mint could not immediately ascertain the names of the... Read more.. |
Srei Equipment gets $30 mn from Dutch bank for refinancing green projectsSrei Equipment Finance, a wholly-owned subsidiary of Srei Infrastructure Finance, has received $30 million loan refinancing facility from FMO, a Netherlands-based development finance bank. The refinancing facility will be used for Srei Equipment Finance's loans to the renewable energy projects sector such as solar and wind energy. The Kolkata-based firm finances or leases out equipment used for solar and wind power projects. "Renewable energy technologies are clean sources of energy that have a much lower... Read more.. |
Govt's stress on infra, EVs; 35,000 km of national highways to be built by 2022: PrezThe President said the current government's continuous endeavour has been to build infrastructure in an eco-friendly manner. Terming infrastructure as pivotal in propelling prosperity and growth, President Ram Nath Kovind Thursday said the government's endeavour is to build 35,000 km of highways, besides expressways, by 2022 and to lay a strong foundation for urban infrastructure that will encourage employment generation. Addressing the joint sitting of both Houses of Parliament, the President said massive... Read more.. |
President Kovind stresses on water conservation and managementAmidst serious drought kind of situation in various parts of the country, President Ram Nath Kovind on Thursday called for giving equal importance to water conservation and water management just like ‘Swatch Bharat’ campaign. Addressing the joint session of Parliament, including first session of 17th Lok Sabha, he said that growing water crisis is one of the biggest challenges of the 21 st century. “Over time, the traditional and effective practices of water conservation in our country are disappearing.... Read more.. |
Govt to invoke special powers, save renewable energy projects of Rs 40,000 croreThe government is set to use special powers under the Electricity Act of 2003 to ensure regulatory passage for a clutch of inter-state transmission lines with the objective of preventing solar and wind power projects worth Rs 40,000 crore from getting stranded. Top government sources told TOI the power ministry will invoke Section 107 of the Electricity Act to ask Central Electricity Regulatory Commission (CERC) to allow central utilities to build the transmission lines for evacuating power from 8 GW (giga... Read more.. |
Solar-power project brings sunshine to the lives of farmers, curbs migrationWhen farmers in the Jawhar block of Palghar district in Maharashtra started to migrate to eke out a living, a majority of them believed that they would never be able to develop their farm lands as rains became scarce and temperatures soared for most part of the year. However, with the the intervention by Bank of America-Merrill Lynch along with a local NGO Pragati Pratishthan, farmers now seem to think twice about leaving their home. “We focussed on providing energy access by installing solar-power grids and... Read more.. |
NITI Aayog, two-wheeler makers to brainstorm electric roadmap todayFriday’s meeting between NITI Aayog and the two-wheeler industry will be critical to draw up a pragmatic electric mobility roadmap for India. The Centre’s policy think-tank has called for this session with the top management of two and three-wheeler manufacturers. The last few weeks have seen some of the big guns from Bajaj Auto, TVS Motor, Hero MotoCorp and Honda articulate their concerns on the deadlines proposed for electrification in three-wheelers and sub-150cc bikes/scooters. The Centre, through NITI... Read more.. |
Sustainability Outlook partners with CII for 8th edition of the GreenCo Summit 2019CII’s GreenCo Rating System equipping Indian industry gain the competitive advantageGlobally, companies/ organisations have made sustainability as one of the growth strategies and are adopting multi-pronged approach to bring down their energy, water and other natural resources consumption. This new paradigm... Read more.. |
Himalayan Glaciers melting at accelerated pace - studyHimalayan glaciers have been melting twice as fast since the start of this century, underscoring the threat the climate crisis poses to water supplies for hundreds of millions of people across Asia, according to a new study. Scientists have long been trying to establish how quickly rising global temperatures caused by the burning of coal, oil and gas are eating away at the region's icebound landscapes. The new analysis, spanning 40 years of satellite observations across India, China, Nepal and Bhutan, showed... Read more.. |
Government proposes no registration charges for electric vehiclesThe government on Wednesday proposed to waive registration charges for electric vehicles to boost adoption of environment-friendly vehicles. The proposal comes at a time when the country plans high penetration of such vehicles by 2030. Highlights The exemption will apply to all category of vehicles, including two-wheelers The ministry has issued the draft notification for amendments in CMVR where the amendments in Rule 81 are proposed for such waiver The government on Wednesday proposed to waive registration... Read more.. |
Renewable Energy For Swachh Air: Solar Energy Lighting Up 21 School Buildings Of Delhi, 80 More To Get The Clean Power SoonTo give impetus to its green energy initiative and to cut the electricity expense of public schools, the Delhi Government has undertaken the installation of rooftop solar panels in school buildings. According to an official from state government’s Department of Education, the installation has been completed in 21 school buildings till now while installation for 80 more buildings is going on and is expected to be completed soon. The move is in line with the Delhi government’s flagship programme to make the... Read more.. |
30 electric buses to hit City roads soonDistrict administration Srinagar has sought suggestions from general public regarding the allotment of routes to newly electric buses in the city. Taking to micro-blogging site Twitter on Tuesday, Deputy Commissioner Srinagar, Dr. Shahid Choudhary said 30 new electric buses will hit Srinagar roads soon and suggestions for route plan are being sought from the public. “A small beginning. 30 new electric buses to hit #Srinagar roads. More to follow. RTA will allot routes next week. Suggestions welcome, (sic),”... Read more.. |
Adani Green Energy arm bags 600 MW solar wind hybrid projectsAdani Green Energy Wednesday said its arm Adani Renewable Energy Park (Gujarat) has bagged 600 MW wind-solar hybrid projects in an auction conducted by state-run Solar Energy Corporation of India (SECI). The company has received Letters of Award (LOAs) from SECI for the 600 MW projects. The fixed power purchase agreement (PPA) tariff is Rs 2.69/kWh for a period of 25 years, it added. "Adani Renewable Energy Park (Gujarat) Ltd (AREPGL), a Wholly-owned Subsidiary of Adani Green Energy Ltd (AGEL) had won bids... Read more.. |
Rooftop solar firm Sunshot to raise $100 mn-$125 mn over next 3 yrsPune-based solar rooftop company, Sunshot Technologies, is planning to raise $100 million to $125 million (~Rs 872 crore) over the next three years, said Rahul Dasari, director and chief executive officer. The firm is looking at investing in Opex projects, and is working with various financiers for the same. “We look forward to raising at least another $100 million to $125 million in equity and debt over the period of next three years,” Dasari told ETEnergyWorld. The firm is also planning to raise $6 million... Read more.. |
Dabur aims to be a plastics waste free company by 2021Home-grown FMCG major Dabur India has set its sights on becoming a plastic waste free company by the end of March 2021 by collecting, processing and recycling 20 million kgs of post-consumer plastic waste from across the country. With this, the company would be collecting back 100% of the plastic waste that it generates through its product packaging, making it amongst the first Indian FMCG companies to achieve this feat. “It’s an ambitious target, but we have already started working towards it. We rolled out... Read more.. |
Solar industry needs to ensure efficient use of water: Bridge to IndiaThe solar industry needs to act proactively to ensure efficient use of water for cleaning of solar panels and justify the 'environmentally-friendly' tag, consulting and research services provider Bridge To India said Wednesday. The statement has come against the background of an advisory issued by the New and Renewable Energy Ministry (MNRE) on optimal utilisation of water by the sector for cleaning of solar panels. "This is a belated acknowledgement of the increasing water risks faced by the solar sector... Read more.. |
Telangana govt to come up with new solar policyThe Telangana government is planning to come out with a new solar policy factoring in the changes in the rapidly expanding renewable energy sector. The policy framework will take forward the State government agenda and align with the Centre’s larger target of achieving 175 GW (giga watt) capacity by 2022. The State also... Read more.. |
E-Vehicles To Come Under Priority-Lending, R&D Incentives in Budget 2019“Today, nobody is giving loans to electric vehicles. Some instruction should be given by the RBI to public sector banks for priority-lending to the EV sector. Then, a clean air campaign should be launched on the lines of Swachh Bharat to raise awareness,” Sohinder Gill, President, Society of Manufacturers of Electric Vehicles (SMEV) said. While Modi-government has made clear and committed plans for bringing electric vehicle (EV) revolution to India, the industry expectations from the Union Budget 2019-20 run... Read more.. |
