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Sustainability Outlook Headlines
European utilities urge EU to raise green energy targetsSome of Europe's top utilities have called the EU's green energy targets unambitious, urging the bar to be raised in the fight against climate change, a letter seen by Reuters on Monday said. The letter, signed by six companies including Italy's Enel , Spain's Iberdrola and Britain's SSE, called for the current target of at least 27 percent of European Union energy consumption to come from renewable sources... Read more.. |
Compost garbage on your own, waste generators told: Municipal Corporation AmritsarFollowing the directions of the Ministry of Urban Development, the Municipal Corporation held a meeting with bulk garbage generators in the city. Owners of big hotels, clubs, restaurants, schools, colleges and commercial establishments participated in the meeting. Amit Kumar, Commissioner, MC, issued the instructions to bulk garbage generators to manage garbage on their own. ... Read more.. Date : Nov 8 Source: The Tribune
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HSBC pledges $100 bn of finance by 2025 to combat climate changeHSBC has pledged to provide $100 billion in financing and investment by 2025 to help combat climate change, the bank said on Monday. HSBC said it will facilitate financial flows to help boost support for clean energy and lower carbon technologies. “This will involve direct lending, bonds and project finance... Read more.. |
Government working on policy to promote electric vehicles manufacturingThe government has identified few key areas which will help push the e-mobility drive in India. The government has asked auto companies to start manufacturing electric vehicles in India, and is also studying global markets to come up with a policy surrounding electric mobility and storage, senior officials said. ... Read more.. |
Gujarat High Court clears decks for state’s first wind auctionThe Gujarat High Court on Monday dismissed a petition opposing the holding of the state’s first wind auction. An official at the state power distributor, Gujarat Urja Vikas Nigam Ltd (GUVNL) that was to conduct the auction, confirmed that the decks were now cleared for it to go ahead with the auction. The auction had been opposed by the Indian Wind Energy Association on the grounds that the guidelines... Read more.. |
BEE to help MSMEs in Andhra Pradesh to adopt energy-efficient measuresBureau of Energy Efficiency (BEE) Director-General Abhay Bhakre assured the Andhra Pradesh Government that the necessary support would be extended to the government for implementing various ‘energy-efficiency programmes’ in MSME (Micro,Small and Medium Enterprises) sector. Addressing the media, Bhakre highlighted the importance of adoption of energy-efficiency technology in MSMEs and said that the MSMEs had... Read more.. |
Government to provide funds to cities to buy EVs for public transportThe Centre has invited proposals from cities with a population above 10 lakh for extending grants under the FAME India scheme to promote large-scale adoption of electric vehicles in multi-modal public transport. Using clean energy modes like electric vehicles for shared mass transport will help bring down high pollution level in big cities.An Expression of Interest floated by the Heavy IndustriesMinistry has invited proposals from state government departments, undertakings and municipal corporations for... Read more.. |
Call for 10MW of floating solar at India’s Lakshadweep IslandsThe Lakshadweep Energy Development Authority (LEDA) has invited an Expression of Interest (EoI) for the development of floating solar plants on a set of the Indian islands. The 10MW of projects will be spread across nine islands of the Union Territory, which lies off the coast of Kerala, with varying capacities for each project. The 10MW figure is “likely to increase”, according to LEDA, depending upon the... Read more.. |
External Affairs Minister Sushma Swaraj holds talks with Guinea's foreign minister, welcomes ISA ratificationExternal Affairs Minister Sushma Swaraj today held talks with the Foreign Minister of Guinea, Mamadi Toure, over a broad range of issues, her ministry said in a statement. Toure, whose four-day visit to the country (November 3-6) is scheduled to conclude today, met his Indian counterpart, Swaraj, and the two expressed happiness over the "cordial and friendly relationship" between their countries.... Read more.. |
Tata Steel sets up India’s largest CDQ facility in Odisha’s KalinganagarTata Steel has established India’s largest Coke Dry Quenching (CDQ) facility, capable of handling 200 metric tonnes per hour, in Odisha, a statement said on Monday. The facility has been set up at Tata Steel’s state-of-the-art greenfield steel plant at the Kalinganagar Industrial Complex in Odisha, the statement said. ... Read more.. |
REC may fund Indian Railways’ drive to electrify entire networkThe Indian Railways may rope in state-owned Rural Electrification Corporation (REC) to fund its ambitious plan to electrify the entire network by 2021-22. The corporation is likely to lend the railways the entire project cost of around Rs 30,000 crore, spanning over four-five years, at an annual interest rate of 9% for a lending period of 8-10 years, a top railway ministry official said. The railways will... Read more.. |
Sustainable and Responsible Investing (SRI) in India grows 130% in last 5 yearsNovember 3, 2017 NSE, Mumbai Sustainable and Responsible Investing (SRI) in India grows 130% in last 5 years
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Delhi power discoms to purchase 1,000 MW clean energy by 2019The power discoms in Delhi will be able to purchase 1,000 MW clean electricity by 2019, a major step towards implementing the AAP government's solar policy. Making the announcement here today, Delhi Power minister Satyender Jain said if needed, the city government will get more clean energy to keep air pollution in check. ... Read more.. |
Finance ministry, Asian Development Bank review 55 projects worth $13.5 billionThe Finance Ministry and Asian Development Bank (ADB) jointly reviewed 55 projects worth USD 13.5 billion financed by the multilateral lender. Over 150 officials of the central and state governments, including project directors and ADB staff, participated in the meeting recently held in Bengaluru, the finance ministry said in a release today. ... Read more.. |
Saubhagya scheme: Postmen to collate data on homes still without electricityThe power ministry has engaged postmen for door-to-door survey to expedite the Saubhagya scheme launched by Prime Minister Narendra Modi for complete household electrification by December 2018. India Post through its network 1.73 lakh outlets has begun collecting data on un-electrified households spread over three states of Odisha, Chhattisgarh and Madhya Pradesh. Similar initiatives are being launched in... Read more.. |
NLC to set up solar plants on railway landNLC India has been tasked with covering vacant land of the Railways with solar power generation set-ups. Addressing the World Mining Congress, Minister for Railways and Coal Piyush Goyal said, “The Railways are going to tie up with NLC and have them put up solar power generation equipment at their investment. The Railways will buy the power out of that.” ... Read more.. |
Maharashtra launches project to connect farmlands with solar powerMaharashtra Chief Minister Devendra Fadnavis on Saturday laid foundation stone for a pilot project under which farmlands in the state could get upto 12 hours uninterrupted power tapping solar energy, officials said here. The pilot project will come up at Ralegan-Siddhi, the famed model village created by social crusader Anna Hazare, under the state government's 'Mukhyamantri Agricultural Solar Feeder Scheme... Read more.. |
Chhattisgarh Renewable Energy Development Agency (CREDA) to Install Solar Power Plants in 6 Bastar DistrictsChhattisgarh Renewable Energy Development Agency (CREDA) will install Solar Photovoltaic Power Plants in six districts of Bastar division, officials informed here on Sunday. The plants would be installed in Dantewada, Bastar, Sukma, Bijapur, Kondagaon and Kanker districts. CREDA will also be installing... Read more.. |
Delhi metro to cover pedestrian bridges, install solar panels to generate powerDelhi Metro will install solar panels on the roof of pedestrian overbridges to generate clean and cheaper energy for use at stations. The first project will be taken up on a 250-metre overbridge at Kalkaji station on the soon-to-start Botanical Garden-Janakpuri West line in the phase 3 expansion of the rail network. ... Read more.. |
Private investment can help India reduce 35% greenhouse gas emissions: IFCIndia is on track to meet its climate targets, including reducing the greenhouse gas emissionsby up to 35 per cent by 2030, by channelling trillions of dollars in private investments through a combination of policy reforms and innovative business models, a report said on Thursday. "Developing countries like India can meet climate targets promised in the landmark Paris Agreement by catalysing trillions of dollars in private investments through a combination of smart policy reforms and innovative business models," according to the report by... Read more.. Date : Nov 3 Source: The Economic Times
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EBRD inks pact with International Solar Alliance for cooperation in solar energyThe International Solar Alliance (ISA) and the European Bank for Reconstruction and Development (EBRD) today signed a Joint Financial Partnership Declaration with the objective to deepen their cooperation on renewable energy. Speaking on the occasion, Finance Minister Arun Jaitleysaid India has been in the forefront of the 42-nation ISA. “India, under the leadership of Prime Minister Narendra Modi, has pledged unequivocal commitment for furthering the cause of new and renewable energy since the Paris COP21 UN Climate Change Conference,” Jaitley... Read more.. Date : Nov 3 Source: The Economic Times
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Danfoss, UN join hands for low-cost energy in six citiesEnergy efficiency solutions provider Danfoss Industries today said it has partnered the United Nations to introduce District Energy System in India in association with state-run EESL. "As part of the United Nations Sustainable Energy for All initiative, six cities including Thane, Pune, Bhubaneswar, Rajkot, Coimbatore and Bhopal have been chosen to explore District Energy Systems," Danfoss Industries said in... Read more.. |
SoftBank joins hands with Saudi wealth fund to frame solar energy plan for kingdomSoftBank has joined hands with Saudi Arabia's sovereign wealth fund, Public Investment Fund (PIF) to frame a 'Solar Energy Plan 2030' for the kingdom and set up a giant 3000 MW solar project there. The memorandum of understanding (MoU) between Soft Bank Vision Fund and PIF was signed on the sidelines of the Future Investment Initiative, held in Riyadh from October 24-26 and attended by business and investment leaders from all over the world. The energy plan will set out a new framework for developing Saudi Arabia’s solar sector, while the solar... Read more.. Date : Nov 3 Source: The Economic Times
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EESL receives $454 mn funding from Global Environment Facility for energy efficiency programsIn a move aimed at providing a boost to India’s clean energy push, state-owned Energy Efficiency Services Limited (EESL) has partnered with Global Environment Facility (GEF) for $454 million ‘Creating and Sustaining Markets for Energy Efficiency’ project. “The project will receive a composite funding of $454 million comprised of the GEF grant of $20 million and co-financing of $434 million in the form of... Read more.. |
Bihar seeks Rs 1,100 crore from Centre for power connectionsThe state energy department is to submit within a week a detailed project report to the Centre to seek Rs 1,100 crore for providing household electricity connections under Saubhagya scheme that envisages payment of power installation charges to every household in 60:40 ratio by the Centre and state, respectively. The Pradhan Mantri Sahaj Bijli Har Ghar Yojana or Saubhagya scheme launched by PM Narendra Modi... Read more.. |
