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Sustainability Outlook Headlines
Cabinet apprised of India-Spain renewable energy MoUThe Union Cabinet has been apprised of the Memorandum of Understanding (MoU) between India and Spain on cooperation in renewable energy. The MoU was signed on May 30 in Madrid, Spain this year. The MoU will help in strengthening bilateral cooperation between the two countries with the exchange of expertise and networking of information. Both sides aim to establish the basis for a cooperative institutional relationship to encourage and promote technical bilateral cooperation on new and renewable energy issues on the basis of mutual benefit equality and reciprocity. The MoU... Read more.. Date : Aug 17 Source: ET Energyworld
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India Power in talks with 3 companies to acquire renewable projectsIndia Power Corporation is in talks with three large non-power companies in Gujarat and West Bengal for acquiring renewable generation capacity totalling 110 mw, a top official said. “Having successfully acquired 1,000 mw thermal power capacity of Meenakshi Energy from French power company Engie in February last year, we are now looking at acquiring renewable assets from non-power companies that are not keen on maintaining these assets,” said Raghav Kanoria, managing director at the Kolkata-based power generation and utility firm. “The capacities under radar include two solar... Read more.. Date : Aug 17 Source: The Economic Times
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Air quality in Delhi this August worse than that of last year: CPCBDelhi’s air quality has suffered more in the first two weeks of August as compared to the same time last year, data collated by the Central Pollution Control Board (CPCB) shows. Moreover, Delhi is the second most polluted city among the neighbouring ones including Gurgaon, Faridabad, Agra and Ghaziabad. However, Ghaziabad, where air quality monitoring was started only this year, is the most polluted with an average air quality of 126.7 as compared to Delhi’s 112. ... Read more.. Date : Aug 17 Source: The Indian Express
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Piyush Goyal rules out review of 5 per cent GST on solar equipmentAmidst reports that there is still lack of clarity on the 5 per cent goods and services tax (GST) levy on solar equipment, Union Power Minister Piyush Goyal has reiterated that there is no ambiguity as the government is very clear on the issue. "There is no question of ambiguity on this. It has been made very clear that 5 per cent GST will be applicable on solar equipment. If they (equipment makers) still have issues with it, it is very sad and we cannot do anything," Goyal, who was in the megapolis, told over the weekend. The industry has claimed that though the government... Read more.. Date : Aug 17 Source: ET Energyworld
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National Green Tribunal cracks whip on major waste generators, slaps hefty finesThe National Green Tribunal today cracked the whip on major waste generators in the city, including 5-star hotels and banquet halls, slapping fines of as high as Rs 7 lakh each on some of them for not complying with the solid waste management rules. A bench headed by NGT Chairperson Justice Swatanter Kumar imposed hefty fines on these defaulting bodies for failing to properly manage and treat sewage. The green panel imposed a penalty of Rs seven lakh each on Taj Palace, Taj Vivanta hotels and Zorba Entertainment Pvt Ltd, Rs five lakh each on Crown Plaza in Mayur Vihar, the... Read more.. Date : Aug 17 Source: The Economic Times
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PM Modi to interact with 200 Champions of ChangeWith a focus on building New India by 2022, Prime Minister Narendra Modi will interact with country's over 200 young entrepreneurs and start-ups across sectors on Friday in New Delhi. The two day initiative named 'Champions of Change' to usher transformational change in the country through Government-Business partnerships was initiated by NITI Aayog on Wednesday. Deliberations on building New India by 2022 started today with Focus on Growth, gender parity, skilling, agriculture development, Energy, climate change, renewables & mobility by young start-up founders. ... Read more.. Date : Aug 17 Source: ET Energyworld
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Smart cities take shape two years after launch of Modi’s flagship missionTwo years after the Central government launched its flagship Smart City Mission, the cities have started smartening up. First off the blocks is Pune with its hi-tech command-and-control centre, which has been developed as the nerve centre for urban governance to centrally manage traffic, water and electricity supply and provide CCTV-based city surveillance. The command-and-control centre is the first project being implemented across the smart cities. So far, all 20 cities, chosen in January 2016 after a meticulous all-India competition, have floated tenders for the centre. Pune has... Read more.. Date : Aug 16 Source: The Economic Times
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Finance Ministry issues norms for Central offices to retrofit energy efficient appliancesThe Union Finance Ministry has issued guidelines for mandatory installation of energy efficient appliances in all Central Government buildings across India. It has directed that usage of LED based lightings and energy efficient cooling equipment such as fans and air conditioners in government buildings will lead to savings in the long run through reduction in energy consumption. The Department of Expenditure under Ministry of Finance will enlist the services of Energy Efficiency Services Limited on nomination basis to assist various ministries and departments to retrofit... Read more.. Date : Aug 16 Source: The Hindu
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Centre readies report card on status of Prime Minister Modi’s promisesThe government has prepared a report card on the status of promises made by Prime Minister Narendra Modi in his Independence Day address last year, identifying areas like rural roads, health, energy, welfare of farmers, tribals and freedom fighters as the focal points. The report, prepared by the ministry of information and broadcasting, has also highlighted Aadhaar and the government’s plan to provide a unique identity to every Indian. Among key issues, it highlighted the achievements in implementing Pradhan Mantri Gram Sadak Yojana (PMGSY), under which pace of road construction... Read more.. Date : Aug 16 Source: The Economic Times
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DMRC’s Rewa solar power plan runs into troubleA June order by the power ministry on inter-state electricity transmission charges could affect Delhi Metro Rail Corporation Ltd’s (DMRC) plan to buy power from one of the world’s largest solar power project at a single site in Madhya Pradesh, forcing both DMRC and the state government to seek relief from the ministry of new and renewable energy. DMRC may have to bear an additional 91 paise per unit cost due to inter-state transmission charges and losses from the marque project, thereby increasing the tariff from Rs3.30 per unit to Rs4.21per unit from the 750 megawatts (MW) plant at... Read more.. Date : Aug 16 Source: Live Mint
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Grid Connectivity for Wind Power: Making a case for bid winnersThe Ministry of New and Renewable Energy has made a strong pitch before the central electricity regulator seeking that wind developers who have bagged projects at recent bidding exercises and those who go on to win bids in future auctions be accorded “priority” for getting transmission connectivity to the grid. The ministry, in its August 11 missive to the Central Electricity Regulatory Commission (CERC), has cited the need for “regulatory support” as a prerequisite to achieve the Centre’s 60,000-MW wind capacity target by 2022. The CERC is slated to hold a hearing on the issue on... Read more.. Date : Aug 16 Source: The Indian Express
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Government may miss December 2020 deadline to clean Ganga river, says parliamentary panelA parliamentary panel on Thursday expressed apprehension that due to slow pace of work, the government may miss the deadline of making river Ganga clean by 2020. The Standing Committee on Water Resources, in its Demand for Grants (2017-18) for Ministry of Water Resources, River Development and Ganga Rejuvenation, asked the ministry to fast track the projects to ensure expeditious cleaning of the river.... Read more.. |
India set to unveil new biofuel policy in bid to cut oil, gas, coal imports: MinisterThe government will soon bring out a new policy on biofuel to incentivize the use of the cleaner fuel, Oil Minister Dharmendra Pradhan has said. To cut India’s dependence on imported crude oil, the government has been promoting the use of biofuel for years but has tasted limited success. Over the years, the official mandate to oil companies to blend ethanol and biodiesel in certain proportion in petrol and... Read more.. |
CPCB given extended producer responsibility authorisation under the new e-waste rulesThe Central Pollution Control Board has been given the Extended Producer Responsibility(EPR) authorisation under the new e-waste rules, diverting it from the state pollution boards, the Environment Ministry has told a parliamentary panel. |
Declare village electrified only when all families get power: PanelA parliamentary panel has recommended that a village should be declared electrified only after providing power connections to all households there. At present, all those villages with 10 per cent families with electricity connection can be declared electrified under the government's rural electrification programme. ... Read more.. |
Govt approves 10 Namami Gange projects worth Rs 2,033 crThe National Mission for Clean Ganga (NMCG) has approved 10 projects in Bihar, West Bengal and Uttar Pradesh worth about Rs 2,033 crore, the Centre said today. "Eight of these projects pertain to sewage infrastructure and treatment, one to river front development and another to Ganga Knowledge Centres," the Ministry of Water Resources said in a statement. ... Read more.. |
Over 680 textile mills closed as on June 2017: GovernmentAs many as 682 textile mills were closed as on June end this year and 232 of them were in Tamil Nadu, the government said today. Textiles Minister Smriti Irani told the Lok Sabha that 1,399 textile mills were operational as on June 30. All of them are in the non-small scale industry. At the end... Read more.. |
Plastic carrybags completely banned in 17 states, Union Territories: GovernmentAltogether 17 states and Union territories have imposed complete ban on manufacture, sale and use of plastic carrybags, the Lok Sabha was informed today. "In the country, 17 states and UTs have imposed complete ban on manufacture, stock, sale and use of plastic carrybags, through directions or notifications and executive orders," Environment Minister Harsh Vardhan said in a written reply. ... Read more.. |
First-Ever Lawsuit Over ‘Inadequate’ Climate Risk Disclosure Could Set New Precedent for BusinessesIt is becoming increasingly important for companies to disclose information about long-term climate risks as more and more investors are using this information to inform financial decisions. While a general shift towards transparency is taking shape, many businesses still lag behind in sharing information about their environmental performance and impacts — as well as the consequences of a changing climate on their operations. However, the launch of the world’s first-ever climate disclosure lawsuit could help... Read more.. |
ESG2.0: Investors Can Now Use AI, Big Data to Reveal Companies Real-Time ESG MomentumThis week, TruValue Labs unveiled its ESG Momentum™ score – the first ESG indicator that leverages artificial intelligence, big data and the Sustainability Accounting Standards Board’s (SASB) materiality framework – as part of its Insight360™ suite of products. The score reveals the positive or negative direction, or trend, of ESG performance based on daily data. ESG Momentum was built to serve investment professionals who know that today's company valuations depend heavily on environment, social and... Read more.. |
India ratifies second commitment period of Kyoto ProtocolIndia has ratified the second commitment period of the Kyoto Protocol that commits countries to contain the emission of greenhouse gases, reaffirming its stand on climate action. In a brief statement, India's Permanent Mission to the UN said that India deposited its Instrument of Acceptance of the Doha Amendment to the Kyoto Protocol under the UN Convention on Climate Change here yesterday.... Read more.. Date : Aug 10 Source: ET Energyworld
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India adds 4.8 GW of solar capacity in the first half of 2017India has added 4.765 MW of solar power generation in the first half of 2017, surpassing the 4,313 MW installed during 2016. Of this, 1,869 MW was added in the second quarter of 2017, according to Mercom India Research. While large-scale solar installations aggregated to 1,639 MW in Q2 2017, rooftop installations accounted for 230 MW. ... Read more.. |
International Solar Alliance meet to host Fortune 500 companies CEOs, announce Solar NobelsWith New Delhi hosting the first International Solar Alliance (ISA) assembly in December, an ambitious outreach programme is in the works including hosting chief executives of Fortune 500 companies and starting a Solar Nobel prize. The Indian imprint on the ISA will be visible with global awards to be launched in the names of former prime minister Atal Bihari Vajpayee and astronaut Kalpana Chawla, according... Read more.. |
IDFC arm raises Rs250 crore to refinance two solar plantsIDFC Alternatives Ltd’s India Infrastructure Fund II has raised long-term project finance of Rs250 crore by selling non-convertible debentures to infrastructure debt funds and financial institutions. The proceeds will be used to refinance two of its solar plants, which it has recently acquired from Gurgaon-based Punj Lloyd group and to repay existing loans. The acquisition of the two plants, both located in... Read more.. |
Indian Scientists Turn Sugar Industry Waste Into Next-Gen Battery MaterialIndian scientists have demonstrated that waste water from some of the dirtiest industrial processes can be turned into a carbon source for preparation of energy storage materials. Researchers led by scientists from Bhavnagar-based Central Salt and Marine Research Institute (CSMRI) have used sugar and distillery industry waste to develop functionalized carbon material which has energy storage properties. Such... Read more.. |
