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Sustainability Outlook Headlines
Government to install grid connected solar power plants in all Raipur Govt buildingsThe Chhattisgarh Government will implement 21,255 Kw grid connected solar PV system scheme for Government buildings located in Raipur city under Renewable Energy Service Company (RESCO) model. A total of 159 Government schools in Chhattisgarh were using solar energy to meet their power supply requirements during the last financial year (2016-17), officials informed. ... Read more.. Date : Jul 10 Source: The Pioneer
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Government notifies revised prices for LED bulbs and tubelightsThe prices of energy efficient appliances distributed under the Centre's (UJALA) scheme have been revised to align them with the new Goods & Services Tax (GST) regime. LED bulbs of 9 Watts are priced at Rs. 70 while LED tube lights of 20 Watts have a retail price of Rs. 220, according to an official release. Five-star rated fans will be available at Rs. 1,200. ... Read more.. Date : Jul 10 Source: Business Line
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BRICS' New Development Bank has 23 projects in pipeline, including 6 in India: K V KamathThe BRICS' New Development Bank has 23 new projects amounting to $six billion in the pipeline for financing, including six ventures in India valued at $1.8 billion, the bank's President K V Kamath said today. The bank set up by Brazil, Russia, India has seen good results in the last two years and has a strong pipeline for the future, Kamath told the media at the bank's headquarters in Shanghai on the... Read more.. |
IFC subscribes to L&T Finance green bonds for solar projectsThe World Bank's private financing arm IFC has invested Rs 667 crore ($103 million) in L&T Infrastructure Finance Co by subscribing to the first official Green Bonds in India, a joint statement by both parties said on Thursday "This is in line with the International Finance Corporation's (IFC) strategy to support renewable energy infrastructure in the country and also develop the capital markets," the... Read more.. |
Tamil Nadu to tax rooftop solar, cut supportAt a time when the popularity of solar power as a cheap source of energy is growing, the state-owned power utility has come out with a proposal that will reduce the return on investment for citizens installing rooftop solar plants. It has also proposed to add a tax on the power generated. Currently, units of electricity generated by roof-top solar plants are subtracted from the consumer’s bi-monthly use of... Read more.. |
NGT issues notice to challenge Khurja thermal power plant in UP, seeks report before 8 AugustAn NGO on Thursday moved the National Green Tribunal challenging the environment clearance granted to 1,320 MW coal-based super critical Khurja Thermal Power Project in Uttar Pradesh, prompting the green panel to seek a response from the Centre. A bench headed by NGT chairperson Justice Swatanter Kumar issued notices to the ministry of environment and forests, UP Pollution Control Board and THDC India Ltd... Read more.. |
Rays Power Infra commissions 5.5 MWp solar PV project in KarnatakaAiming to enhance the solar power market in Karnataka, Rays Power Infra on Wednesday announced the completion of its 5.5 MWp Solar PV equity project in the state. The project execution work started in October 2016, while the project was commissioned in February 2017. Spread over an area of 28 acres at... Read more.. |
France to ban sales of petrol and diesel cars by 2040France will end sales of petrol and diesel vehicles by 2040 as part of an ambitious plan to meet its targets under the Paris climate accord, Emmanuel Macron’s government has announced. The announcement comes a day after Volvo said it would only make fully electric or hybrid cars from 2019 onwards, a decision hailed as the beginning of the end for the internal combustion engine’s dominance of motor transport... Read more.. |
China's SPIC plans to raise clean energy power capacity to 50 per cent by 2020China's State Power Investment Corporation (SPIC) said on Thursday it aims to generate half of its power from clean energy by 2020, up from 43 percent currently, as part of the country's plans to reduce its carbon emissions. SPIC, one of China's top five power generators, set a target of 170 gigawatts (GW) of installed power capacity by 2020, with solar power capacity at 15 GW and nuclear power capacity at... Read more.. |
Special cell to curb waste burning: Municipal Corporation of GurgaonThe state government on Thursday asked the MCG to create a special cell for monitoring garbage burning and management of construction and demolition (C&D) waste in the city. "MCG should create a cell for monitoring garbage burning and C&D waste management activities. Big construction sites can be sealed under Section 31A of Air Act, 1981, by the regional officer of Haryana State Pollution Control... Read more.. |
Power utilities can save up to Rs 20,000 crore through improved scheduling: Piyush GoyalPower, coal, renewable energy and mines minister Piyush Goyal today launched an app that provides information on availability of cheaper electricity to state power utilities allowing improved scheduling and optimum utilization of coal. The app named Merit Order Despatch of Electricity for Rejuvenation of Income and Transparency (MERIT) can help distribution utilities achieve savings of upto Rs 20,000 crore... Read more.. |
Now, industries polluting Ganga under live monitoringOver the past two weeks, close to 3,750 SMSes and e-mail alerts have been issued to industries generating more than the permissible limit of pollutants in the Ganga basin. As many as 716 grossly polluting industries (GPIs) in the basin are being monitored live round the clock for emission of particulate matter and gases in the air and effluents comprising total suspended solids, biochemical oxygen demand (... Read more.. |
Indian renewable firms plan $2.5 billion in offshore dollar bond issuesFour Indian renewable power producers are planning to raise up to $2.5 billion (1.94 billion pounds) via dollar bonds offshore because of caution among domestic lenders, banking sources said. In addition to the four solar and wind power firms, a fifth company that invests in renewable projects, Adani Group, has raised $250 million via a loan but has yet to publicly announce the borrowing, the sources told... Read more.. |
Piramal extends Rs 700 crore credit line to solar energyBillionaire Ajay Piramal-owned Piramal Enterprises is shifting its key focus to non-conventional energy, billed as the most promising sector in a power-starved country, with its subsidiary Piramal Finance extending a Rs 700 crore credit line to Acme Solar Holdings. “The deal was made through Corporate Finance Group (“CFG”) of Piramal Finance by introducing a new product - a Flexi Line of Credit - for the... Read more.. |
India asks FAO to remove hurdles in accessing climate fundsIndia today asserted that climate finance is necessary for sustainable agriculture and the UN body -- Food and Agriculture Organisation (FAO) -- should remove capacity constraints in accessing and effective use of the fund in developing countries. Since climate change impact on agricultural sector is a 'certain', there is a need to diversify crops from rice, wheat and maize to millets, which is a climate... Read more.. |
Special Purpose Vehicle constituted to implement smart city project in DehradunOfficials from the city administration and civic bodies held a meeting on Wednesday to decide on the composition of the Special Purpose Vehicle (SPV) which will initiate action on the ground to turn Dehradun into a smart city. According to the decision taken in the meeting, the body will have members from various civic bodies like nagar nigam, MDDA and the Urban Development Directorate will be the nodal... Read more.. |
Coconut Oil Supply Chain Slides toward Sustainability via P&G, BASF, Cargill PartnershipCompanies that source coconut oil from the Philippines and Indonesia – the world’s two largest producers and exporters of coconut-based products – face several challenges: little or no economies of scale, lack of financing and training resources, and a rigid supply chain all serve to increase the farmers’ dependence on middlemen and perpetuates inefficient and unsustainable agricultural practices. Now, Procter & Gamble, Cargill and BASF are working together with German development agency GIZ to solve the... Read more.. |
Plastic waste to be converted to dieselA systematic plastic waste management in the city has begun with the commissioning of a plastic waste management plant at Bhatar. The Surat Municipal Corporation (SMC) has provided two acres land for that plant that has been built by a private operator. The plant has started collecting 20 tons of plastic waste from the city areas daily and making plastic globules. However, this capacity would be enchanced to... Read more.. |
NITI Aayog suggests tax sops, viability gap funding for eco-labelled productsNITI Aayog, the Centre's premier think tank, has mooted tax incentives and viability gap funding for eco-labelled products as part of the government's green procurement policies to substantially improve resource efficiency in the country. Resource efficiency or resource productivity is the ratio between a given benefit or result and the natural resource required for it. ... Read more.. Date : Jul 5 Source: The Economic Times
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NGT demands to know of steps against Ganga pollutionThe National Green Tribunal (NGT) on Tuesday asked the ministries of environment and power to apprise it about the steps taken by thermal power plants to avoid discharge of effluents and fly ash around the Ganga river. A bench headed by Justice Swatanter Kumar, while hearing a plea of non-governmental organisation Indian Council for Enviro Legal Action, asked these central ministries to hold a meeting and... Read more.. |
Big banks fail to clear climate testThe world's biggest banks are continuing to fuel climate change through the financing of "extreme" fossil fuels at a rate that will push the planet beyond the climate change limit agreed upon at the Paris Climate Change Conference in 2015, a new report has found. In the three years ending December 31, 2016, as many as 37 international banks financed 158 companies $290 billion for their "extreme" fossil fuel... Read more.. |
Plan to make Varanasi clean city with renewable energyThe Centre is considering an ambitious plan to make PM Narendra Modi's constituency, Varanasi, a "clean electricity city" where only renewable energy would be used. |
Solar tariffs in Tamil Nadu: State discovers Rs 3.47 per unit rate in revenue auctionsTariffs for solar power in Tamil Nadu touched as low as Rs 3.47/unit in reverse-auctions held over the weekend. The biddings were done for 1,500 MW solar plants. The tariff is much lower than Rs 4.40/unit, which was the lowest bid in February’s solar tariff auction conducted by the state. Nevertheless, it is still much higher than Rs 2.44/unit, discovered in May at the reverse auctions for solar plants at Rajasthan’s Bhadla. “The auction was always expected to deliver rates below the regulated tariff (Rs 4.50... Read more.. |
Thermal power plants in Ganga basin under NGT radarThermal power plants discharging effluents in the Ganga basin have come under the radar of the National Green Tribunal which has sought a report on whether they have adequate measures in place to prevent pollution of the river. A bench headed by NGT Chairperson Justice Swatanter Kumar asked the Environment Ministry and the Ministry of Power to hold a meeting in this regard and file their comments along with... Read more.. |
Haryana government to run electric buses in GurgaonThe Haryana government will set up an environment-friendly transportation system in Gurgaon on the pattern of Poland, state Minister Kavita Jain said today. The Urban Local Bodies Minister, who is leading a delegation on a visit to the plant of JBM Solaris Electric Vehicles Limited in Polands Ponzan, said "In the first phase, 75 to 100 electric buses would be operated". ... Read more.. Date : Jul 5 Source: India Today
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