You are here
Sustainability Outlook Headlines
BHEL bags EPC orders for 200 MW Solar Power Plants worth Rs800cr from NTPC and GSECLBharat Heavy Electricals Limited's (BHEL) Solar Photovoltaic (SPV) portfolio has surpassed 1 GW with the company winning two EPC orders for setting up SPV plants with a cumulative capacity of 200 MW. Valued at over Rs800cr, the orders have been secured from NTPC Ltd. and Gujarat State Electricity Corporation Ltd (GSECL), reinforcing the company's position as a leading EPC player in the solar industry. Significantly, the NTPC order envisages setting up India's largest floating SPV plant of 100 MW capacity at... Read more.. |
Niti Aayog sets up task force to brainstorm on agriculture reformsFederal policy think tank Niti Aayog, chaired by Prime Minister Narendra Modi, on Saturday decided to set up a task force of state chief ministers and central ministers to prepare a blueprint for structural reforms in agriculture, vice-chairman Rajiv Kumar said during a briefing. The members of the task force and the timeframe for making recommendations will be announced shortly. At the meeting of the Niti Aayog's Governing Council, states sought central government assistance for tackling drought situation,... Read more.. |
India puts renewable power at the centre of G20 dialogue on energyIndia on Saturday put renewable energy at the centrestage of the G20 dialogue on energy transition and global environment for sustainable growth. Addressing counterparts from 20 major economies assembled in Japan’s Karuiawa city, power minister R K Singh leveraged India’s rapid expansion of renewable power capacity and successful energy justice programme to underline a green path for future development. Singh said India is confident of meeting 40% of its power needs from renewable sources by 2030 as part of... Read more.. |
Budget 2019: Infrastructure, Renewable Sectors Seek Investment BoostRepresentatives of the infrastructure and climate change sectors put forth Thursday their budget proposals to Finance Minister Nirmala Sitharaman, who will present the full Union Budget 2019 on July 5. Measures to boost investment in the infrastructure sector, promotion of renewable energy and steps to bring down cost of projects were some of the suggestions that they made during their pre-budget meeting with the finance minister. The main areas of discussion during the meeting included issues relating to... Read more.. |
India’s Greenko Gets $495 Million For 2.4 Gigawatts of Energy Storage ProjectsOne of India’s leading renewable energy project developers has achieved a major milestone in implementation of two ambitious energy storage projects in the states of Andhra Pradesh and Karnataka. Media outlets recently reported that Greenko Energy Holdings managed to secure equity investment worth $495 million to fund two pumped hydro energy storage projects it is currently working on in the southern state of Andhra Pradesh. The equity investments have been made by Singapore government-backed group GIC and... Read more.. |
Honda 2Wheelers India To Reconsider Investment Plans, No EVs Till 2020India's second largest two-wheeler manufacturer, Honda Motorcycle and Scooter India (HMSI) had recently announced its plan of action for the launch of electric vehicles (EVs) in India. Recently, the Government of India proposed faster adoptions of EVs wherein the three-wheelers should be 100 per cent EV by 2023 and two-wheelers with a displacement of lower than 150cc by 2025. This decision was quickly termed as impractical by many manufacturers. In fact, Bajaj Auto and TVS, two of the top rank Indian two-... Read more.. |
Latest 1.2 GW solar capacity awarded at Rs 2.54/kWhThe latest 1.2 GW solar auction conducted by Solar Energy Corporation of India (SECI) saw lowest winning tariffs (Rs 2.54/kWh) approaching the same level as in February auction (Rs 2.55/kWh). Four companies emerged winners at Rs 2.54/kWh, with Ayana Renewable Power, ReNew Power and Azure Power bagging 300 MW each and Mahindra Susten 250 MW. Avaada Energy claimed the remaining 50 MW at Rs 2.55. The tender had a tariff ceiling of Rs 2.65/kWh. In July last year, an auction by SECI saw ACME Solar winning 600 MW... Read more.. |
India sees rise in solar photovoltaic jobs: IRENAIndia saw expand in solar photovoltaic employment in 2018, while China, the US, Japan and the European Union lost jobs, the International Renewable Energy Agency (IRENA) said on Thursday. In total, 11 million people were employed in renewable energy worldwide in 2018, up from 10.3 million in 2017. As more and more countries manufacture, trade and install renewable energy technologies, IRENA's latest 'Renewable Energy and Jobs -- Annual Review' finds renewables jobs grew to their highest level despite slower... Read more.. |
Mitsubishi Electric India Facilitates Clean Drinking Water for 4 schools in KarnatakaMitsubishi Electric India inaugurated clean drinking water facility in four schools and planted trees at two schools situated in and around Bengaluru. Approximately 2200 students from these schools will be benefitting from this activity which is aimed at making clean and cold drinking water available to them. Thus, creating a healthy environment for them to study and excel. On Saturday, 14 members from Mitsubishi Electric Group Companies in India including Mitsubishi Elevators India Pvt. Ltd., Climaveneta... Read more.. |
India Invites Proposals For Gravity-Based Energy Storage ProjectsThe Ministry of New and Renewable Energy in India is looking beyond batteries to push energy storage in the renewable energy and grid balancing and support sector. The Ministry recently issued a document calling upon companies to submit proposals for gravity storage projects. Gravity storage is seen as an energy storage solution with very short response time and high flexibility. India may be looking at multiple applications by utilizing gravity storage systems — grid balancing, stabilization of renewable... Read more.. |
Ujjivan to finance Kinetic’s electric vehicleUJJIVAN Small Finance Bank has signed an MoU with Kinetic Green Energy & Power Solutions Ltd, the leader in the electric three-wheeler segment, to provide vehicle financing solutions. The pact will enable Ujjivan SFB to offer it’s unbanked and the under-banked customers, access to easy financing options for an electric three-wheeler. Through this initiative, Ujjivan SFB aims to address the individuals’ aspirations to own their vehicle and enhance their income, for a better lifestyle. The Government of... Read more.. |
Solar tariffs increase marginally in SECI auctionTariffs rose marginally from February in an auction by Solar Energy Corporation of India (SECI) on Wednesday for 1200MW of projects. SECI is the renewable energy ministry's nodal agency responsible for conducting wind and solar auctions. Ayana Power, Renew Power, Azure Power and Mahindra Susten quoted a tariff of Rs 2.54 for 300MW, 300MW, 300MW and 250MW respectively. Avaada Energy won 50MW at Rs 2.55 per unit. The tariff ceiling was set at Rs 2.65 per unit. The tender was oversubscribed by almost 1000MW.... Read more.. |
Chandigarh admin to install smart meters seek report on smart gridThe Joint Electricity Regulatory Commission (JERC) has sought a progress report on Smart Grid project from the UT electricity department. Under the Smart Grid project, the UT administration has planned to install smart electricity meters, which are part of power sector reforms. With the installation of smart meters, there will be zero tempering of electricity meters. Besides, the tripping in main lines will also be alerted immediately at power control room. The new system will be beneficial for both... Read more.. |
Patna: Install solar plates on govt buildings from this year, says CMIn a bid to promote renewable sources of energy, chief minister Nitish Kumar on Wednesday issued a directive for installation of solar plates on all government buildings and offices in the state from this year. Chairing a meeting to review presentations on various schemes of energy department, the CM said there is need to spread awareness among people to install solar plates on ponds as well as wetlands. “We should also work for rainwater harvesting,” Nitish said. Sources claimed that the CM’s emphasis on... Read more.. |
Siemens equipping Indian Railways' electrification initiativeSiemens is equipping Indian Railways in its initiative to upgrade its electric locomotives from 6000 HP to 9000 HP, the company said on Wednesday. Siemens is supplying indegenously-made integrated propulsion system and steel tank transformer to the Indian railways that is undergoing a transformation as part of its rail electrification initiative. "The advanced technology aims to save traction energy cost, thereby reducing fuel expenses and carbon emissions," the company said in a release. Chittaranjan... Read more.. |
Discussed with states road map to achieve 175 GW renewable energy capacity: Power ministerUnion minister R K Singh Tuesday held a meeting with ministers and officials of renewable energy-rich states and discussed with them various issues facing the sector and ways to achieve the target of 175 GW capacity. The government has set an ambitious target of installing 175 GW of renewable energy capacity by 2022, which includes 100 GW from solar, 60 GW from wind, 10 GW from bio-power and 5 GW from small hydro-power. Various research reports, however, have cautioned that India is unlikely to meet the... Read more.. |
National Institute of Rural Development and Panchayati Raj launches initiative to help Rural Poor Farm Holds adapt to Climate ChangeNational Institute of Rural Development and Panchayati Raj (NIRDPR), for the first time in India, has launched an initiative to improve the adaptive capacity of the rural poor engaged in farm-based livelihoods to cope with climate change. It seeks to establish a large-scale proof of concept on integrating community-based climate change planning and adaptation by working with climate-smart Community Resource Persons (CRPs) and National Resource Persons (NRPs). The training manual for this ‘Sustainable... Read more.. |
Report: Global Emissions At 7-Year HighGlobal emissions have hit a seven-year high, according to BP’s annual energy review, putting the world behind on efforts to curb the effects of climate change. A rise in the number of days that are hotter or colder globally increased human consumption of energy for heating or cooling, said BP chief economist Spencer Dale. Global energy demand jumped at its quickest rate since 2010, despite modest economic growth and efforts to stem climate change, according to Reuters. China, India, and the U.S. accounted for... Read more.. |
Subsidy proposals this week to set up 5,000 e-charging stationsThe government will within this week float two large proposals offering subsidy to states for deployment of 5,000 electric charging stations in cities and highways. This is the pilot electric infrastructure layout plan by the government and aims at promoting India’s plan to shift 40% fleet to battery-operated vehicles. Presently, there are 150 charging stations in India. Setting up stations in cities will be open to all companies while only central utilities will be eligible to deploy such infrastructure on... Read more.. |
Erratic weather boosts energy demand, denting climate goalsExtreme temperatures around the globe drove a sharp acceleration in energy demand and carbon emissions last year, oil giant BP said on Tuesday, issuing a stark warning that the world risks losing the battle against climate change. And while 2018 saw another sharp pick up in renewable power such as wind and solar, continued growth in oil, gas and coal consumption meant that overall, the world's energy mix remained "depressingly" flat, BP Chief Economist Spencer Dale said in the company's benchmark 2019... Read more.. |
City’s first E-vehicle charging station inauguratedDelhi Power Minister Satyendar Jain inaugurated Delhi’s first electric vehicle smart charging station at South Extension on Monday. This move is taken in line with the previous notified solar policy and electric vehicle policy of the Delhi Government and will bolster green and sustainable initiatives of the Delhi Government in the energy and mobility sector. The charging station was setup in partnership between BSES Rajdhani Power Limited (BRPL), Gensol Charge Pvt Ltd and Techperspect. To create an ecosystem... Read more.. |
Govt’s 100-day plan aims to re-energize India's power sectorThe Union power ministry has proposed a “power sector council" to address issues between the Union and state governments as part of the ministry’s 100-day action plan for the second term of the Narendra Modi government. With power being on the concurrent list of the Constitution, many sectoral issues get stuck due to differences between the Union and the state governments. The council will help the Union and the state governments work on a common agenda and ensure round-the-clock power to all, a government... Read more.. |
Budget to hike Ujjwala bar towards 100% household LPG coverageThe Union Budget 2019-20 is likely to renew the focus on the NDA government's flagship Ujjwala scheme with the aim of increasing access to cooking gas, or liquefied petroleum gas (LPG), to all the country's households before the year-end. Official sources here said that as part of his Budget speech, the Finance Minister may first propose to complete the targeted 80 million connections under the Pradhan Mantri Ujjwala Yojana (PMUY) in first 100 days of the government. So far, Ujjwala connections have reached... Read more.. |
Thanks to IIT-B’s Invention, MP Gets India’s First Village With All-Solar KitchensDid you know that indoor air pollution contributes between 22 to 52 per cent to the overall pollution levels in India, according to a study by United Nations Environmental Programme? The study warns the need to drastically reduce the household cooking and heat emissions to improve the air quality. Unfortunately, rural India chokes on the hazardous fumes from traditional stoves daily. Of the total 70 per cent of rural population, around 80 per cent families use biomass fuel like wood, crops, manure, and... Read more.. |
Gap Inc. and Arvind Limited Join Together to Reduce Apparel Industry’s Water Use and Drive Water-Saving InnovationGlobal apparel retailer Gap Inc. (NYSE: GPS) today announced a new partnership with its longtime sourcing and franchise partner in India, Arvind Limited, to drive industry-leading solutions that address global water scarcity. The apparel industry is one of the most intensive users of water in the world and, in India, 54 percent of the population faces high to extremely high water risk. The two companies will open a new innovation center to promote the adoption of proven techniques and technology that reduce... Read more.. |
