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Sustainability Outlook Headlines
Azure Power to issue US$500 million solar green bondAzure Power Energy, a wholly owned subsidiary of Indian independent solar power producer Azure Power Global, will issue an inaugural US$500 million green bond offering, maturing in 2022. The bond has already been certified by the Climate Bonds Initiative. Azure Power plans to use the proceeds from the bond to refinance existing debt and for other general corporate expenses. ... Read more.. Date : Aug 1 Source: PV Tech
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NTPC tenders 250MW of solar across India using fated DCR policyIndian utility NTPC has tendered 250MW of grid-connected solar projects under local content rules that are due to be phased out by the end of the year. Nabin Kumar Tripathi, manager, RE-CS, NTPC, told PV Tech: “It is a new tender under DCR category. Solar plants can be set up anywhere in India.” The... Read more.. |
NGT slams Delhi government over use of plasticThe National Green Tribunal has slammed the Delhi government over indiscriminate and rampant use of plastic in the national capital despite its prohibition. A bench headed by NGT Chairperson Justice Swatanter Kumar directed the AAP government to strictly enforce its ban order in the city and sought a status report on the issue. ... Read more.. |
Delhi Metro first to become 100 percent 'green'Delhi Metro has become the only completely 'green' Metro system in the world for adhering to green building norms for its residential colonies, officials said on Friday. Delhi Metro has secured the platinum rating for adherence to green building norms for its 10 residential colonies from the Indian Green Building Council (IGBC). ... Read more.. |
EESL issues large tender for 50 lakh smart electricity metersState-run Energy Efficiency Services Ltd (EESL) has issued a large tender seeking supply of 50 lakh smart meters on behalf of Haryana and Uttar Pradesh. The tender sale will next month. "A huge step towards controlling power theft and consumer convenience," an official statement of the ministry of power said. ... Read more.. |
Green energy sops may end in five yearsThe government plans to gradually withdraw all the incentives for the renewable energy sector over the next five years, a move that may face stiff opposition from an industry that is to see significant growth in the coming years. “There will be no targeting of renewable energy after 2022, and we will allow markets to determine the prices as well as kind of support the sector needs to sustain and integrate... Read more.. |
Tamil Nadu green energy policy to reward industriesThe Tamil Nadu government will develop an environmental audit system to reward industries that use technologies that minimise adverse effects on nature and discourage those that over exploit natural reserves and threaten the ecosystem. The government will collaborate with businesses to evolve a transparent audit mechanism, chief minister Edappadi K Palanisamy said in a statement to announce the state’s... Read more.. |
IDFC infrastructure fund set to buy First Solar’s India portfolio for $300 millionThe infrastructure fund of multi-asset manager IDFC Alternatives is set to make its biggest acquisition till date by taking over the entire 200 megawatts of First Solar’s operational portfolio of solar power projects in India for around Rs 1,950 crore ($300 million) as consolidation picks up momentum in the renewable energy sector. These projects — seven in all — are located in Telangana and Andhra Pradesh... Read more.. |
Tangedco set to tap 15,000 MW green power in two yearsTamil Nadu discom could look forward to tapping renewable energy to its fullest potential of 15,000 MW (including 2,000 MW that is being installed) two years from now when a dedicated inter-state green power corridor becomes operational. Union power minister Piyush Goyal had recently said in the Lok Sabha that work on the Rs 11,369 crore corridor had started and it was expected to be ready by May 2019. In... Read more.. |
ISA to float global tender for 5 lakh solar pumps before DecemberInternational Solar Alliance (ISA) plans to come out with a global tender for price discovery of 5 lakh solar pumps before December and presumed the prices of solar pumps will come down, said Upendra Tripathy, director general, International Solar Alliance at an Assocham event held in New Delhi. The current price of solar pumps is about $10,000 globally on an average. On the bio mass segment in the country,... Read more.. |
Rajasthan govt approves new policy for power connections to small and marginal farmersRajasthan government has approved agriculture connection policy-2017 for power connections to small and marginal farmers. As per the new provisions, small and marginal farmers belonging to below poverty line (BPL) category will get priority over others in receiving agriculture connections of 5 horsepower. Farmers living on the periphery of Indira Gandhi Canal Project who are affected due to the problem of... Read more.. |
Power generation flat in June 2017 at 97 billion unitsPower generation in June 2017 remained flat at 97 billion units on account of lower demand from distribution companies according to a credit rating agency. "Power generation in June 2017 remained flat at 97 billion units on account of lower demand from distribution companies. Continuous spell of pre-monsoon showers across northern India in June 2017 led to reduction in temperature leading to lower power... Read more.. |
UP turns focus to solar power, to generate 10,700 MW by 2022The Uttar Pradesh government has proposed to source 8 per cent of its electricity requirements through renewable energy by 2022. According to the Draft UP... Read more.. |
India can do more on climate change with support: Union Environment Minister Harsh VardhanReiterating India’s commitment to tackling climate change, Union Environment Minister Harsh Vardhan on Thursday said it can do more if finance and other support are ensured. The Minister said India has been leading from the front in tackling global climate change issues and it will continue to do so in the future as well. “India, like other developing countries, can do more, if finance and technology development and transfer, and capacity building support, are ensured as per the convention and the Paris... Read more.. |
25 charging stations installed in Bengaluru for electric vehicles on a pilot basis: Piyush GoyalAs part of the government’s Faster Adoption and Manufacturing of Hybrid Electric Vehicles in India (FAME-India) scheme, 25 charging stations have been installed in Bengaluru, minister for power, coal, new & renewable energy and mines Piyush Goyal said. In a written reply to a question in Lok Sabha, the minister stated the charging stations have been installed at 6 different locations by Mahindra REVA... Read more.. |
July witnessed 378,000 non-solar RECs traded on India Energy ExchangeA total of 3.78 lakh non-solar renewable energy certificates (RECs) were traded at the India Energy Exchange (IEX) in July. All buy bids were cleared at a floor price of Rs 1,500, IEX said in a statement. "The session in July 2017 saw about 4 per cent increase in trade of non-solar RECs over April 2017 when... Read more.. |
Govt to sell upto 25 per cent stake in NEEPCO, MSTC through IPOsThe government is planning to sell up to 25 per cent stake in two PSUs -- MSTC and NEEPCO through initial public offerings (IPOs). The government currently holds 89.85 per cent stake in Metal Scrap Trading Corporation (MSTC) and the balance 10.15 per cent is held by the members of the Steel Furnace Association of India and Ispat Industries Ltd. ... Read more.. |
Vivaan Solar to expand Resco mode, IPP project portfolioVivaan Solar, an independent power producer and EPC player in the solar energy sector, is looking to expand into Resco mode grid-connected projects, a top company official said. “Since August 2012, when the company was founded, we grew our business as an IPP, and as an EPC (engineering, procurement and construction) player, and with solar rooftop projects. We now have a capacity of about 100 MW and expect to... Read more.. |
Haryana executing solar power-run micro irrigation projectThe Haryana government is executing a unique solar power-run micro irrigation pilot project under the Pradhan Mantri Krishi Sinchai Yojna (PMKSY), an official said today. "Costing Rs 24.65 crore, this will be the first-of-its- kind project in the country which will draw energy from solar power and the grid, and will be connected to the nearest 11 KV line through hotline to ensure uninterrupted power supply... Read more.. |
Premier Solar's solar facility to be inaugurated on July 29Premier solar and end-to-end solar solution provider today said Telangana IT and Industries Minister KT Rama Rao is expected to inaugurate their 200 MW automated solar module manufacturing facility in Sanga Reddy district on July 29. Surender Pal Singh, Chairman, Premier Solar also said Harish Rao, Minister of Irrigation, Marketing and Legislative Affairs will grace the occasion by launching the solar... Read more.. |
Floating solar power plant at Gopi Talav in Surat soonThe Surat Municipal Corporation (SMC) plans to become country’s first solar city by 2021 for which it will soon install a floating solar plant besides solar panels atop its 52 school buildings in the city. SMC’s unconventional energy generation department will install a 100KW floating solar power plant in Gopi Talav soon. NTPC has such a plant in Kerala. “It will reduce SMC’s electricity bills and also... Read more.. |
Tata Motors' first electric vehicle set to hit Indian marketsTata Motors is all set to reveal its first ever Electric Vehicle (EV) for the Indian market in September this year. The Tata Tiago EV is expected to borrow heavily from the Bolt BEV prototype, the electric version of the Bolt, according to reports. Tata Motors, in collaboration with its subsidiary, the UK based Tata Motors European Technical Centre (TMETC), has been working on battery-operated electric... Read more.. |
Pay Rs 10 lakh for pollution in Mathura: NGT to Cantonment BoardThe National Green Tribunal (NGT) has directed the Mathura Cantonment Board to comply with its order and pay Rs 10 lakh as environmental compensation for causing pollution in the temple town and river Yamuna. A bench headed by NGT Chairperson Justice Swatanter Kumar asked the cantonment board to deposit the amount with the Central Pollution Control Board (CPCB). ... Read more.. Date : Jul 27 Source: Daily News & Analysis
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Environmental solutions company, Mumbai's trash is treasureMumbai spends Rs 3,000–4,000 crore a year to transport garbage from around the city to the dump Mumbai is not only India’s financial and entertainment capital, it is also its garbage capital. With 9,400 tonnes of trash produced each day, the city is quickly running out of space to throw its waste. The Deonar dumping ground, in the city’s eastern suburbs, rises 60 meters high, looming over Mumbai, releasing... Read more.. |
Civic body to install solar traffic signalsNine crossroads of the city will soon get a new look as officials of Indore Municipal Corporation (IMC) have decided to install solar powered traffic signal system . The move came after clashes between IMC and police department over payment of conventional traffic signals' power bills. In the first phase of... Read more.. |