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Sustainability Outlook Headlines
ReNew Power to invest Rs 13,000 crore in Andhra Pradesh, to employ 4,000 peopleGreen energy firm ReNew Power will invest Rs 13,000 crore over five years to develop renewable energy capacity in Andhra Pradesh as per an MoU signed with the state government on Sunday, a company statement said here. The agreement was signed at the ongoing three-day CII Partnership Summit here, ReNew Power said. "The... Read more.. |
Chandigarh to become 100% renewable powered city, asks min to increase quota of plantsIn a bid to tap its full resources and become a 100 percent renewable energy powered city, the Chandigarh administration has asked the union ministry of power to increase the quota of renewable power plants, on Saturday. The administration has also urged the ministry to waive-off fixed charges to the tune of Rs 50 crore that it owes for using non-renewable power plants. ... Read more.. |
Vizag takes the lead in ushering in electric car revolution in AndhraAs India slowly moves towards electric cars and cleaner mobility, Vizag is set to take the lead with the roll-out of two electric cars. Chief minister N Chandrababu Naidu will officially flag off the cars — Tata Tigor and Mahindra e-Verito — at the third CII Partnership Summit at the APIIC grounds along the beach road on Saturday. While electric cars are already in use at a few places in the country by private operators and individuals, this is the first official roll-out of such cars in the country. As part... Read more.. |
EST finalises contract to procure 40 electric buses for Rs 73 croreBEST has finalised a contract to procure 40 electric vehicles 20 AC Midi and 20 non-AC Midi buses for Mumbai. The buses are being procured with around Rs 36 crore subsidy from the Centre under Faster Adoption and Manufacturing of (Hybrid) & Electric Vehicles (FAME) India scheme. The buses will come with zero cost maintenance, fuel and driver, as it will be procured under a wet-lease model from a private contractor, an official said. BEST will only have to pay monthly rent for taking the buses on lease... Read more.. |
Amplus to invest Rs 2,200 crore to set up 500 Mw solar capacity in Uttar PradeshGurugram-based Amplus Energy Solutions today announced it has signed a Memorandum of Understanding (MoU) with Uttar Pradesh government to set up solar power generation capacity of 500 Megawatt (MW) in the state. The MoU was signed in UP Investors Summit. The company plans to invest Rs 2,200 crore over the next 5 years. The state government is planning to set up solar energy capacity of 10,700 MW over the... Read more.. |
Bharat Dynamics, IREDA get market regulator Sebi's go-ahead for IPOTwo state-run companies - Bharat Dynamics and Indian Renewable Energy Development Agency (IREDA) - have received Sebi's go-ahead to float initial public offerings. Bharat Dynamics and IREDA had received observations from the Securities and Exchange Board of India (Sebi) on February 15 and February 16, respectively, as per the latest update with the markets watchdog. ... Read more.. Date : Feb 23 Source: ET Energyworld
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Electricity supply to reach over 15,000 houses under Saubhagya in Aurangabad zoneAs many as 15,561 families in Aurangabad zone will soon get power connection for the first time under the Centre’s Saubhagya Yojna. The central scheme aims to achieve cent per cent household electrification by providing last mile connectivity and electricity connections to all households in rural and urban areas. As part of the scheme, eligible beneficiaries will be given one power plug and one LED bulb... Read more.. |
Clean Ganga Mission approves ₹4,000 crore worth projectsThe National Mission for Clean (NMCG) Ganga has given green signal to projects worth ₹4,000 crore, including a 20 million litre per day (MLD) common effluent treatment plant (CETP) at Jajmau near Kanpur for tannery units. The three-phase, ₹629 crore Jajmau project, would be executed by a newly-created special purpose vehicle, Jajmau Tannery Effluent Treatment Association, said an official statement after the... Read more.. |
Pledges of Rs 60,000 crore for renewable energy in UP Investors SummitA total of 42 MoUs, promising investment of around Rs 60,000 crore, were signed in the field of renewable energy, mainly solar power plants. The summit saw developers showing interest in solar energy given the huge potential in UP. The biggest investors were Avaada Power Pvt Ltd, which signed an MoU of Rs 10,000 crore for solar projects of 1,600 MW and ReNew Power Ventures, which signed a Rs 8,000-crore MoU... Read more.. |
Indian government to punish veiled use of imports in DCR solar projectsThe government of India has issued a memorandum informing that it will come down hard on those flouting the Domestic Content Requirement (DCR) rules – in WTO permitted cases – where imported solar modules are used, but declared as locally made. Via the Ministry of New and Renewable Energy (MNRE), the government said that DCR local content rules were set up to encourage domestic PV manufacturing.... Read more.. |
Indian scientists develop test bed to generate clean energyIndian scientists have developed a supercritical Carbon Dioxide (CO2) Brayton test facility at the Indian Institute of Science (IISc) here to generate clean energy from power plants, including solar thermal, the premier institute said on Thursday. Touted to be the first in the country, the Brayton cycle test loop facility was unveiled by Union Minister of Science and Technology Harsh Vardhan here. The... Read more.. |
Singapore Will Levy a Flat Carbon Tax on Companies Starting Next YearSingapore will begin levying a carbon tax starting in 2019 in an effort to reduce the country’s greenhouse gas emissions and help make companies there more competitive. Finance minister Heng Swee Keat announced that facilities across all sectors that produce 25,000 metric tons of GHG or more annually must pay nearly $3.80 (5 Singapore dollars) per metric ton of greenhouse gas emitted. The tax will be levied... Read more.. |
Submit action plan on landfill sites in 2 weeks: NGT to Delhi governmentThe National Green Tribunal has directed the Delhi government and the civic bodies to submit within two weeks an action plan for identifying alternative landfill sites and setting up waste-to-energy plants in the city. A bench headed by Justice Jawad Rahim slammed the authorities for not submitting their plan and said despite specific timeline, there is lapse in compliance of the direction on creating... Read more.. |
Taiwan to ban disposable plastic items by 2030Taiwan is planning a blanket ban on single-use plastic items including straws, cups and shopping bags by 2030, officials said today, with restaurants facing new restrictions from next year. It is the latest push by Taiwan to cut waste and pollution after introducing a recycling programme and charges for plastic bags. ... Read more.. |
Gujarat government to introduce hybrid energy policyAiming to reduce the dependence on coal and gas for power generation, the Gujarat government will begun working on a new hybrid energy policy under which it will provide greater focus on solar and wind-based power, and promote wind and power based units that share the same land and transmission grid. A key source close to the development said, “According to the Union government’s target, Gujarat is supposed to... Read more.. |
ReNew Power inks pact with UP to set up 1,200 MW renewable capacityReNew Power Ventures today said it has inked a pact with the Uttar Pradesh government to invest Rs 8,000 crore for 1,200 MW of renewable energy capacity, a move which can create 12,000 jobs in the state. ReNew Power has signed a Memorandum of Understanding (MOU) with the Government of Uttar Pradesh today to facilitate development of 1200 MW of renewable energy installed capacity in the state, a company statement said. According to the... Read more.. |
Shell may buy majority stake in solar power firm Fourth Partner EnergyRoyal Dutch Shell Plc, the world’s second-biggest publicly traded oil company, plans to acquire a majority stake in Hyderabad-based rooftop solar firm Fourth Partner Energy, two people aware of the development said. Shell is looking to buy a “significant stake” in Fourth Partner Energy, said one of the two people cited above, requesting anonymity. The second person said Shell is looking to acquire a majority in the firm. Shell’s interest in Fourth Partner Energy comes amid the central government’s ambitious... Read more.. |
Avaada Power commits Rs 10,000 crore in setting up 1,600 MW solar projects in Uttar Pradesh Avaada Power, a clean energy company, today said it will invest Rs 10,000 crore in setting up 1,600 MW solar projects in Uttar Pradesh. The firm signed an MoU with the UP government during Investors Summit 2018, here. "The projects will be developed across Mirzapur, Badaun, Gorakhpur and Bundelkhand districts," the company said in a statement adding that the investment will churn out nearly 3,700 jobs. ... Read more.. |
Adani Group says will invest Rs 35,000 crore in Uttar PradeshAdani Group today said it will invest Rs 35,000 crore in Uttar Pradesh over the next five years in various sectors. Promising to stand with the leadership in transforming the state, Gautam Adani of the Adani Group committed an aggregate investment of Rs 35,000 crores in UP. Speaking at the inaugural session of the... Read more.. |
Citing India, UNGA President says world needs science for addressing water scarcityCiting a project in India where farmers are using solar-powered pumps to access groundwater for irrigation, UN General Assembly president Miroslav Lajcak has said that the world needs science for tackling global water scarcity. Noting that the 2030 Agenda for Sustainable Development calls for making sure that there is water and sanitation for all, Lajcak yesterday said water is critical for achieving all... Read more.. |
360-degree plan to convert cattle dung into energyFirst getting villagers to collect and treat it, then tapping entrepreneurs to set up plants to generate bio-gas and bio-CNG, pushing it to market through oil and gas marketing and then selling it online through e-commerce platforms— a 360 degree plan is in the works to convert cattle dung to energy and organic manure and the government is dead serious about it. Called Gobar-Dhan, the scheme roadmap is not just... Read more.. |
Cabinet to vet Rs 48,000 crore KUSUM scheme for solar power by MarchThe Rs 48,000-crore KUSUM scheme to promote the use of solar power among farmers would be placed before the Cabinet by next month, New and Renewable Energy Minister R K Singh said today. KUSUM (Kisan Urja Suraksha Evam Utthaan Mahaabhiyan) aims to incentivise farmers to run solar farm water pumps and use barren land for generating solar power to have extra income. The total cost of the capacities under this scheme would be Rs 1.4 lakh crore. The Centre will provide Rs 48,000 crore financial assistance under... Read more.. |
JSW Energy inks MoU with Maharashtra to make EV, storage systemSajjan Jindal led JSW Energy announced on Monday that it has signed a pact with Maharashtra for setting up manufacturing unit for electric vehicles (EV) and Energy Storage Systems in the state. “In addition to the earlier MoU with the Government of Gujarat with respect to EV manufacturing and associated businesses, the Company has now entered into another MoU with the Government of Maharashtra for setting up facilities for the manufacturing of EV and Energy Storage Systems in the state of Maharashtra, subject... Read more.. |
BBMP seeks HC’s nod to finalise tender for energy-efficient street light projectThe Bruhat Bengaluru Mahanagara Palike (BBMP) on Tuesday filed an application seeking permission of the High Court of Karnataka to finalise the tender for implementing a new energy-efficient street light project, which “saves” around ₹100 crore a year at the rate of around ₹8.4 crore a month for the civic body. The High Court, in an interim order passed on January 30 directed the BBMP not to finalise the tender for implementing the project through a qualified energy service company. The interim order was... Read more.. |
Kitsault Energy intends to turn waste into energyCanada-based Kitsault Energy (KE) is planning to convert various industrial wastes into power in India and Canada. KE will use a patented and proprietary process to transform various types of waste, including wood from pulp and paper plants, food waste, animal manure, road waste, municipal solids and plant waste from invasive species such as Gando Baval. KE’s process has been designed to produce high-energy, water-repellent solid biofuel, which burns with no residual ash. ... Read more.. Date : Feb 21 Source: Power Technology
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