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Sustainability Outlook Headlines
Telangana: Low revenue, consumption trip discomsHYDERABAD: Telangana discoms, which are under the weather with mounting debts and inadequate financial assistance, are now faced with more problems. On one hand, revenues from commercial and industrial establishments towards power billing have dwindled due to Covid-19. On the other, power consumption has drastically come down in high tension (commercial) category after the pandemic broke out in March this year. The TSSPDCL is losing about 30% of its commercial revenues every month as many industries are yet to launch their operations. With IT and major firms still sticking to work from... Read more.. Date : Sep 21 Source: Times of India
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Floating PV driving Odisha solar growthThe Solar Energy Corporation of India Limited (SECI) has sent to the Government of Odisha a proposal for setting up 500 MW floating solar projects at the Hirakud reservoir. The agency has already received in-principle approval from the State Government to set up 40 MW floating PV projects at Chiplima power channel pond. The latest proposal for 500 MW capacity follows an aggregate 500 MW floating PV to be set on different reservoirs in the State through a joint venture between Green Energy Development Corporation of Odisha Limited (GEDCOL) and state-run hydro power producer NHPC. As per the... Read more.. Date : Sep 21 Source: PV Magazine
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Rajasthan could add 22.6 GW of new renewable energy capacity to the grid within a decadeA recent report by the Institute for Energy Economics and Financial Analysis (Ieefa) forecasts that Rajasthan could add 22.6 GW of renewable energy to the grid by the end of FY2029-30. This will consist of 18 GW of new solar capacity, of which 3 GW is forecast to be distributed solar capacity (rooftop PV and solar irrigation pumps). Rajasthan’s installed renewable energy capacity reached 9.6 GW at the end of FY 2019-20. This included 5.2 GW of solar. Also, during FY2019-20, it added more solar power capacity (1.7 GW) than any other Indian state—ahead of Karnataka (1.4 GW), the state with... Read more.. Date : Sep 18 Source: PV Magazine
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Delhi govt to release plan to set up 200 EV public charging stationsNEW DELHI : All government agencies in Delhi including the three Municipal Corporation of Delhi (MCDs), New Delhi Municipal Council (NDMC), Delhi Development Authority (DDA), Public Works Department (PWD), Transport department, Delhi Transport Corporation (DTC), Delhi Metro Rail Corporation (DMRC), DSIIDC, etc, will carry out a comprehensive planning exercise in the next two weeks to identify concessional locations within their jurisdictions for the purpose of setting up public charging stations. According to an official release, through this exercise, the Delhi government will roll out a... Read more.. Date : Sep 18 Source: Live Mint
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Gujarat govt announces e-vehicle subsidyGANDHINAGAR: The state government on Thursday announced a new scheme for promotion of electric vehicles (two and three wheelers) on the occasion of completion of eleven years of the climate change department in Gujarat. School (class IX and above) and college students who buy electric two-wheelers will get a government subsidy of Rs 12,000, while rickshaw drivers and self-employed persons who buy electric three-wheelers will get a subsidy of Rs 48,000 per vehicle. CM Vijay Rupani said the state government has set a target of having 10,000 electric two-wheelers and 5,000 electric three-... Read more.. Date : Sep 18 Source: Times of India
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UP govt to install 8,000 solar borewells, 35 per cent in Purvanchal districtsLucknow: The Uttar Pradesh government on Thursday said it plans to install 8,000 solar-powered borewells in coming days and 35 per cent of them would come up in the Purvanchal districts of the state. The districts set to benefit from the initiative include Balrampur, Shravasti, Siddharthnagar and Kushinagar where suitable locations would be identified for installations, it said in an official statement. The details emerged during Chief Secretary Rajendra Kumar Tiwari's assessment of action plans prepared by various departments for the overall development of Purvanchal districts of the... Read more.. Date : Sep 18 Source: ET Energy World
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Reduce rate of power to Rs 5 per unit, demand bizmenLudhiana: A day after doubts were raised by city businessmen on the claims of state industry minister Sundar Sham Arora that more than 90% of the industry is working in the state, more businessmen have come forward demanding that the state government should take appropriate measures for the revival of the industry, at least by reducing the rates of power to Rs 5 per unit, which was the election promise of the Congress government. Businessmen have also demanded that a special package for industry should be introduced in the wake of coronavirus as Ludhiana’s industry has suffered a huge blow... Read more.. Date : Sep 18 Source: Times of India
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Power ministry drafts consumers’ rights for 24X7 electricityThe Union power ministry has drafted the rules detailing the rights of electricity consumers, guaranteeing reliable power supply across the country. This comes against the backdrop of the National Democratic Alliance government readying a draft of power sector reforms, including implementing the direct benefit transfer scheme in the electricity sector for better targeting of subsidies, promoting retail competition and instilling financial discipline at state-owned electricity distribution companies (discoms). “The distribution licensee shall supply 24X7 power to all consumers," according... Read more.. Date : Sep 17 Source: Live Mint
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Kutch powers up for world’s largest RE parkAhmedabad: Billed as the world’s largest renewable power generation project at a single location, the proposed hybrid park in Kutch is ready to take off. The park, with a total proposed capacity of about 28,000MW, will house the 10,000MW project of Adani Green Energy Ltd (AGEL), among others. AGEL aims to invest close to Rs 30,000 crore in the upcoming park where it has been allotted 20,000 hectares of land, said sources. Of the 10,000MW capacity, 8,000MW is likely to be of solar while the remaining will be of wind, said sources. “Over the next five years, our investments will include the... Read more.. Date : Sep 17 Source: Times of India
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Andhra Pradesh green energy imbroglio impacting deals and payout scheduleNEW DELHI : Large green energy deals in Andhra Pradesh are hanging fire, with prospective buyers introducing a condition precedent; wherein a significant agreed upon amount will only be paid once the issue of reopening of power purchase agreements (PPAs) by the state government gets resolved, said two people aware of the development. Not only has this impacted the deals’ value, it is also playing out on the payout schedule, with the dispute currently before the Andhra Pradesh High Court. “Every buyer who comes to us, makes this condition that a significant part of the deal value will only... Read more.. Date : Sep 17 Source: Live Mint
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25 EV charging stations launchedKolkata: Lithium Urban Technologies, one of the major electric vehicle ecosystem integrators, entered Kolkata with an intent to roll out 1,000 EVs to convert corporate diesel fleets to electric and set up India’s largest public charging station in New Town. This will abate 10,000 MT of carbon emissions every year, equivalent to adding 10 Eco Parks in the city. On Wednesday, Lithium started its journey in Kolkata in association with Hidco by setting up 25 fast charging stations near Fintech Hub in New Town. The project was flagged off by state transport secretary Prabhat Kumar Mishra with... Read more.. Date : Sep 17 Source: Times of India
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BHEL ties up with SwissRapide AG to bring Maglev trains to IndiaNew Delhi: State-run engineering firm BHEL on Wednesday announced its tie up with SwissRapide AG to bring Maglev trains (magnetic levitation) to India. Aimed at expanding its footprint in the urban transportation sector as part of its diversification initiatives, BHEL has entered into a Memorandum of Understanding (MoU) with SwissRapide AG for Maglev Train projects in India, a company statement said. The Maglev Rail system hovers in the air instead of rolling, due to magnetic levitation, thus the vehicles have no physical contact with the guideway. This enables the system to be highly... Read more.. Date : Sep 17 Source: ET Energy World
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Energy efficient appliances for 30 lakh housesVIJAYAWADA: The Energy Efficiency Services Ltd (EESL), a joint venture of State-owned NTPC Limited, Power Finance Corporation (PFC), Rural Electrification Corporation (REC) Limited and Power Grid Corporation of India Ltd (PGCIL), has evinced interest to partner with the Andhra Pradesh government to install energy efficient appliances in all the houses to be built under the economically weaker section (EWS) housing project — Pedalandariki Illu — under Navaratnalu to be launched by the State government. According to officials, Indo-Swiss Building Energy Efficiency Project (BEEP) has already... Read more.. Date : Sep 17 Source: Indian Express
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Exide Industries developing solutions for hybrid, electric vehiclesKolkata: Lead acid battery maker Exide Industries Ltd is focusing on innovations for emerging applications like hybrid and electric vehicles, a company official said on Tuesday. A lithium-ion JV has been formed and is well placed with an assembly line having a capacity of 1.5 GWh, it said. "The company is developing advanced solutions in the lead acid space for emerging applications, including hybrid vehicles and EVs," MD & CEO Gautam Chatterjee told shareholders at the annual general meeting. He also spoke about introducing 'ultra-batteries' and other solutions in the energy storage... Read more.. Date : Sep 16 Source: ET Energy World
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Facebook aims net zero emission for entire value chain by 2030San Francisco: Facebook has said that apart from reducing operational greenhouse gas emissions by 75 per cent this year, it will achieve net zero emissions for its global operations and be 100 per cent supported by renewable energy this year. The social network also set an ambitious goal to reach net zero emissions for its value chain -- including emissions from suppliers and other factors such as employee commuting and business travel -- in 2030. Along with an ambitious new net zero emissions target, the company also announced a new Climate Science Information Center to connect people... Read more.. Date : Sep 16 Source: ET Energy World
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Over 27k electric vehicles supported till Sep 10 under phase-II of FAME schemeNew Delhi:The government on Tuesday said under the second phase of FAME India Scheme, over 27,000 electric vehicles have been supported till September 10 this year by way of demand incentive amounting to about Rs 95 crore. In a written reply to the Lok Sabha, Heavy Industries and Public Enterprises Minister Prakash Javadekar said further 5,595 electrical buses have been sanctioned to various state/ city transport undertakings under Phase-II of the scheme. This involves government incentive of around Rs 2,800 crore, he said. "Under Phase-II of FAME India Scheme, 27,201 electric vehicles... Read more.. Date : Sep 16 Source: ET Energy World
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Toyota to invest over Rs 2,000 crore on electrification of models in IndiaToyota Kirloskar Motor Vice-Chairman Vikram Kirloskar on Tuesday confirmed that the company will invest over Rs 2,000 crore in the next 12 months, refuting a statement by a senior company official that it would stop further expansion in India due to high taxes. In a separate statement, the company had earlier said that its priority would be to utilise its existing capacity in India which will take time. In an interview to Bloomberg, TKM Vice-Chairman and whole-time director Shekar ViswanathanShekar had said the company would stop expanding in India ruling out future investments as the... Read more.. Date : Sep 16 Source: The Week
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Total capacity of under construction thermal power projects at 59,810 MWNew Delhi: As much as 59,810 MW of thermal power generation capacity is under construction in the country which includes 23,730 MW to be developed by private players, Parliament was on informed on Tuesday. While the under construction projects under the central sector totalled 18,320 MW, those under the state sector stood at 17,760 MW, Power Minister R K Singh said in a written reply to the Rajya Sabha. The capacity of under construction large hydro (above 25 MW) projects stood at around 14,014 MW. Explaining the reasons for delay in implementation of these projects, the minister said "The... Read more.. Date : Sep 16 Source: ET Energy World
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Power Min begins process to set up Rs 2,000 cr JV for rollout of smart metresNew Delhi:The Power Ministry has begun the process to set up a Rs 2,000 crore joint venture for providing a common backend infrastructure facility (CBIF) to power distribution companies (discoms) for faster roll-out of smart electricity metres in the country. The joint venture would have four promoters, NTPC Ltd, REC Ltd, Power Grid Corporation of India Ltd (PGCIL) and Power Finance Corporation (PFC). These firms are under the administrative control of the Ministry of Power. The boards of PFC and REC have approved equity investment of Rs 150 crore each in the joint venture for the CBIF,... Read more.. Date : Sep 16 Source: ET Energy World
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UP gives nod for e-charging facilities in 8 cities under the smart city projectsIn a major boost to Smart City Mission, eight cities in Uttar Pradesh have been identified for installation of e-charging facility for two, three and four wheelers. According to a recent proposal, the e-charging facilities under the smart city projects will be simultaneously launched in Lucknow, Varanasi, Prayagraj, Kanpur, Aligarh, Saharanpur, Bareilly and Jhansi. In Prayagraj, the state government also plans to develop a new e-charging facility along with a bus charging station on an area of 6,000 metre square under the new Yamuna bridge. The new facility will house an e-charging... Read more.. Date : Sep 15 Source: ET Energy World
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Govt to file review petition to resume CERC operationsNew Delhi: The government is likely to file a petition in the Supreme Court seeking review of an order which led to suspension of operations of power regulator Central Electricity Regulatory Commission (CERC), delaying resolution of a number of cases and new regulations. The commission is non-functional since three weeks as the apex court had asked two members of CERC to go on leave till the time a member-law is appointed. “The Union power ministry has taken an opinion from the law ministry and may file a review petition soon as the August 28 order has paralysed operations of the... Read more.. Date : Sep 15 Source: ET Energy World
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Power fix: Policy on wasteland allocation to RE parks revisedAhmedabad: The Gujarat government on Monday revised its policy for allocating wasteland for wind, solar and hybrid (wind and solar) power generation parks. According to revised provisions, the renewable energy park developer will have to build 50 per cent of the park’s total capacity within three years from the time the land is leased. Further, the developer will have to ensure that 100 per cent capacity is created in five years from the land allocation, says the state revenue department’s resolution dated September 14, 2020. “If a developer is allotted land for 1,000MW, the developer will... Read more.. Date : Sep 15 Source: ET Energy World
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Climate action: Google aims to run on carbon-free energy by 2030Alphabet Inc's GOOGL.O Google aims to power its data centers and offices 24-7 using solely carbon-free electricity by 2030, its chief executive told Reuters, building on its previous goal of matching its energy use with 100% renewable energy. The “stretch goal,” as CEO Sundar Pichai described it, will force Google to move beyond the tech industry norm of offseting carbon emissions from electricity use and require technological and political breakthroughs to achieve. “The problem is so immense, many of us need to lead the way and show solutions,” Pichai said. “We’re one small player in this... Read more.. Date : Sep 15 Source: India Today
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EverSource Capital plans to buyout Azure Power’ entire solar rooftop portfolio for around $112 millionNEW DELHI : In what may rank among the largest solar rooftop deals in India, EverSource Capital plans to buy out the entire 167 MW solar rooftop portfolio of NYSE-listed Azure Power Global for around $112 million, said two people aware of the development. The sales process for International Finance Corporation (IFC) and Canadian pension fund Caisse de dépôt et placement du Québec (CDPQ) backed one of India’s largest solar rooftop portfolio is being run by KPMG. The deal activity in India’s green energy space that was subdued on account of the coronavirus pandemic has now gained traction... Read more.. Date : Sep 15 Source: Live Mint
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Spain to offer $215 million in renewable energy subsidiesMADRID: Spain will inject 181 million euros ($215 million) of state funds into renewable energy projects in seven regions, aiming to boost employment and cut carbon emissions, its Energy and Environment Ministry said on Thursday. The subsidies are part of a chest of 316 million euros Madrid will pour into innovative projects - an amount that could be topped up with EU recovery funds. Rich in high-energy sunlight, Spain is a vocal supporter of European Union plans to use low-carbon investments to battle the economic devastation wrought by the coronavirus, particularly on its traditionally... Read more.. Date : Sep 14 Source: ET Energy World
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