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Sustainability Outlook Headlines
India receives FDIs worth $1.77 billion in renewable energy in over two yearsGovernment today said India received $ 1.77 billion foreign direct investment (FDI) in non-conventional energy sector from April 2014 to September 2016. "Total FDI equity inflow in the non-conventional energy sector during April 2014 to September 2016 was $ 1.77 billion," the Commerce and Industry Ministry said in a statement. ... Read more.. |
Solar Thermal Federation of India teams up with Indo-German Chamber of Commerce (IGCC) for 3-year Solar Payback projectSolar Thermal Federation of India (STFI) and Indo-German Chamber of Commerce (IGCC) will jointly implement three-year support project for use of solar thermal energy in industrial processes. "The STFI and IGCC have teamed up for the international 'Solar Payback' project, which aims to increase the use of solar thermal energy in industrial processes. The Kick-Off meeting (for the purpose) took place in... Read more.. |
GST may hike clean energy costs; power ministry pushes for exemptionsPower ministry has sought `deemed export’ status for renewable energy projects to cushion GST’s inflationary impact on solar and wind power plants Renewable energy tariffs could rise by up to 50 paise a unit under goods and services tax (GST), a concern that has prompted the power ministry to push for the sector to be kept out of the new tax system as an interim measure. ... Read more.. Date : Jan 19 Source: Money Control
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Indian Government begins process to move water to concurrent listThe Union ministry for water resources, river development and Ganga rejuvenation has begun the process to make water a part of the concurrent list, moving it away from being a state subject. The move follows the rising number of disputes over access to water arising between states across India. “There has... Read more.. |
Siemens Ltd launches the most energy efficient low voltage motors in India
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IL&FS in talks with Chennai-based Orient Power to merge its wind energy assetsInfrastructure Leasing and Financial Services (IL&FS) is in advanced talks to merge its wind energy assets with Chennai-based listed Orient Green Power. The all-stock reverse merger of unlisted IL&FS Energy Development will value the combined entity at Rs 4,500-5,000 crore, said two people with knowledge of the matter. At 1,400 MW generating capacity, it will create one of India's largest listed... Read more.. |
Investment Corporation of Dubai eyes India renewable energy investmentsDubai’s sovereign wealth fund, Investment Corp. of Dubai (ICD) through its subsidiary Dubal Holding Llc is scouting for investments in an Indian renewable energy platform. The sovereign wealth fund’s interest in the Indian renewable energy space comes in the backdrop of Prime Minister Narendra Modi’s pitch for investment in August last year during his visit to the United Arab Emirates (UAE), three people... Read more.. |
Kerala electricity board seeks hike in power tariff after two yearsAccording to the Power minister M.M. Mani government has not considered a tariff hike. His statement has come following the appeal of Kerala State Electricity Board (KSEB) Limited regarding the upward revision of tariffs from the Electricity Regulatory Commission on Tuesday. N.S. Pillai, KSEBL’s director (finance) while presenting the utility’s case during the public hearing held by the ERC here on Tuesday,... Read more.. |
National Green Tribunal cracks green whip on PuriThe eastern zonal bench of the National Green Tribunal today passed several strictures to improve the environment of Puri. The strictures include imposing a stay on the ongoing construction at a railway holiday home and making rainwater harvesting mandatory in all government buildings in the seaside town. ... Read more.. |
Government Medical College and Hospital burns its fingers in solar power projectGovernment Medical College and Hospital (GMCH) has been caught on the wrong foot. It planned a solar power project and started executing it without state government's administrative approval. It even appointed Kanyaka Non-Conventional Energy Pvt Ltd as consultant without following the tendering process. The authorities even began to demolish an abandoned structure for the project without the Public Works Department (PWD) permission, before better sense prevailed. ... Read more.. Date : Jan 19 Source: The Times of India
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Indian Government plans to phase out incandescent bulbs in the next 3 yearsThe government plans to phase out the iconic incandescent bulbs by 2020, putting gradual bans on production and sale starting with high voltage lamps, and encourage consumers to use energy efficient alternatives, an official said. Incandescent lamps consume 80 per cent more electricity than LED lamps, but are widely used in smaller cities and rural areas because they cost much less. ... Read more.. Date : Jan 18 Source: The Economic Times
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ReNew Power secures USD 390 million debt funding from Asian Development BankReNew Power Ventures, a leading renewable energy development company, has secured a $390 million long-term debt from Asian Development Bank (ADB). The proceeds from this loan will be utilized to develop and expand capacities by around 709 mw in Andhra Pradesh, Gujarat, Jharkhand, Karnataka, Madhya Pradesh and Telangana. ... Read more.. |
Tata Power’s non-fossil operating capacity climbs to 3,060 megwattTata Power Company has added 1,346 mw of non-fossil based electricity generation capacity in 2016-17 so far, taking its green energy portfolio to 3,060 mw, the Tata group utility said Tuesday. “Taking a step further towards building a greener portfolio last year, the Company revised its share of non-fossil fuel based capacity up to 35-40% by 2025,” Tata Power said. ... Read more.. Date : Jan 18 Source: The Economic Times
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Jammu and Kashmir government to set up 25 MW wind power project in ReasiJ-K govt to set up 25 MW wind power project in Reasi. "The land for the project measuring approximately 534 kanals has been identified and it belongs to NHPC. The transfer of the said land to Science and Technology Department by NHPC is under consideration and at an advanced stage", he informed. Jammu and... Read more.. |
Saketh in Hyderabad achieves 100% waste segregationFor perhaps the first time in Hyderabad, a vehicle of Greater Hyderabad Municipal Corporation (GHMC) carrying completely segregated dry waste and another carrying only green waste reached the Jawaharnagar treatment site on Tuesday. From the source of the waste generation, ie, from households to Swachh auto to the transfer station and from there to the landfill site, waste was transported in a segregated... Read more.. |
Hyderabad’s polluting industries to be moved to 19 villagesAs part of its efforts to make Hyderabad a city with ‘zero industrial pollution’, the state government has identified 19 prime locations outside the Outer Ring Road (ORR) for moving polluting industries out of the state capital. The state government identified that as many as 1,545 industries, which are in the city, are emitting hazardous pollutants. Majority of them are pharmaceutical industries such as... Read more.. |
Haryana Government offers rebate for off-campus solar panelsFor hotels and industries that have been violating the solar norms claiming installation of rooftop solar power systems is next to impossible in already-built buildings, the state government has come up with an alternative. These industries can now take on lease inexpensive land anywhere in the state and install ground-mounted solar power systems. And the power generated will be supplied to the power grid of the discom. ... Read more.. |
Amplus plans acquisition of solar power firm Kiran EnergyAmplus Energy Solutions Pvt. Ltd, which has offered to sell solar power at a record-low tariff, has evinced interest in acquiring Kiran Energy Solar Power Pvt. Ltd, said three people aware of the development. Amplus, backed by US private equity (PE) firm I Squared Capital, is interested in the acquisition given the high electricity tariffs awarded in some of the power purchase agreements (PPAs) signed by... Read more.. |
Chinese company to manage solid waste of LucknowSolid waste management of the city would go to a Chinese company soon. The Lucknow Municipal Corporation (LMC) has decided to replace Jyoti Envirotech – the company responsible for door to door collection of waste in 62 wards and operation of solid waste plant at Shivri village – with a Chinese giant, Ecogreen. The civic body was not satisfied with the work of Jyoti Envirotech as it was not able to run the... Read more.. |
Delay in marking private forests leading to degradation of green cover in GoaA lengthy, two-decade long process of identifying private forests and a delay in demarcating and mapping the identified patches in Regional Plan (RP) 2021 has led to irreversible diversion of green cover and degradation of unidentified patches in Goa. Environmentalists allege that Goa's rich natural heritage, estimated to be 250 sq km in private forests itself, has suffered massive damage, as two government-... Read more.. |
India poised for huge growth in solar energy: Piyush GoyalIndia is poised for huge growth in solar energy and it won't stop at the 100GW solar power target to be achieved by 2022, Power Minister Piyush Goyal has said. "The 100 gigawatt target for solar should not be a constraint. India won't stop at 100 GW," Goyal said addressing the first India-specific session at a conference in Abu Dhabi. ... Read more.. |
Air pollution: Environment Pollution Control and Prevention Authority to enforce graded response plan in Delhi-NCROdd-even may be back on Delhi roads and a host of other emergency measures will kick in if pollution levels touch emergency proportions with the Centre entrusting the Supreme Court-appointed EPCA to enforce the graded response plan. Terming air pollution in Delhi and NCR as a "matter of serious concern", which requires "urgent action", the Environment Ministry in its notification assigned the task to... Read more.. |
Bids for 750 megawatt Rewa solar tender may break Rs 4 per unit barrierSolar power tariffs are expected to fall substantially below Rs 4 per unit in the bids for 750 mw Rewa solar project anticipates Bridge to India. Tariff of Rs 4 per unit is the lowest till now for any utility scale project in India. According to the solar sector analysis firm, bids for the proposed and much delayed 750 MW solar power tender in the Rewa district of Madhya Pradesh are expected to be submitted... Read more.. |
Suzlon achieves 10,000 MW installed wind energy capacity in IndiaWind energy company Suzlon Group today said it has achieved the 10,000 Megawatt cumulative wind energy installations in India with over 7,500 wind turbines installed pan-India. Suzlon’s 10,000 MW of wind installation is capable of powering over 5 million households per annum and offsets nearly 21.5 million tonnes of Carbon Dioxide (CO2) emission annually which is equivalent to planting over 1500 million... Read more.. |
Telecom Regulatory Authority of India seeks views on carbon footprint reductionThe telecom regulator has floated a consultation paper seeking industry feedback on ways to compute carbon footprint in telecom networks, and the need to involve third-party auditors for running checks on such emissions in step with the government’s plans to ring in green phone networks. Carbon footprint is the extent of CO2 and other greenhouse gas emissions. In a paper issued on Monday, Telecom Regulatory... Read more.. |