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Sustainability Outlook Headlines
No Tigers In Bangladesh Sundarbans By 2070, As Region Faces 100% Habitat Loss Over Next 50 YearsBengal tigers could vanish from the Bangladesh Sundarbans in the next 50 years--by 2070--as a combination of climate change and rising sea levels threatens their last remaining habitats, says a new study by a team of researchers from Bangladesh and Australia, published in the journal Science of the Total Environment. The Sundarbans in south-coastal Bangladesh is the world’s largest surviving mangrove ecosystem,... Read more.. |
India to save 3 billion units of electricity by 2030 with new star rating programmeIndia is likely to save an estimated 3 billion units of electricity by 2030 as a result of the newly launched star rating programme for microwave ovens and washing machines. The power ministry has expanded its ambitious Standards & Labeling (Star Rating) program for energy efficiency for appliances to cover the the two appliances. The programme has been formulated by the Bureau of Energy Efficiency. It will be... Read more.. |
India launches national mission on ‘Transformative Mobility and Battery Storage’With a general election fast approaching, the government of India has approved a National Mission on Transformative Mobility and Battery Storage, to drive “clean, connected, shared and sustainable mobility initiatives in the country”. The decision was taken at a meeting of the Union Cabinet chaired by prime minister Narendra Modi. The cabinet also approved a Phased Manufacturing Program to support large-scale,... Read more.. |
Govt planning minimum indoor temperature settings for commercial buildingsIndia’s share in total room air conditioners being used worldwide may just be little over 2.2% at present, but it will rise to almost 25% of the global stock by 2050 posing a huge challenge in terms of finding adequate energy to feed cooling systems in future. As one of the solutions, the government may look at making ‘minimum indoor temperature settings’ mandatory in commercial buildings. Anticipating massive growth in future cooling demand, the government on Friday released the ‘India Cooling Action Plan (... Read more.. |
Assocham welcomes Centre's nod for hydropower policy Industry body The Associated Chamber of Commerce and Industry of India (ASSOCHAM) welcomed the Union Cabinet's approval of a national policy for hydropower announced on Thursday. Assocham President BK Goenka has expressed happiness on the cabinet approval of National Policy on Hydropower, the decision reflects the Narendra Modi-led government's resolve to push reforms. ... Read more.. |
Maha pushes for green energy on spinning mills’ surplus landThe state government is seeing surplus land available with spinning cooperatives spread throughout Maharasthra as a potential source for developing renewable energy plants. On Friday a government resolution (GR) was issued which called for setting up a green energy cell in the textile department, under the ministry of cooperatives. According to estimates drawn by the department, all 59 spinning cooperatives in the state can set up green energy plants with a total capacity of 321.71MW. The estimates have been... Read more.. |
All trains coming to Delhi to be on electric traction from December 2019: Piyush Goyal All trains coming to Delhi will be on electric traction from December 2019, Railway Minister Piyush Goyal said Thursday. The move is expected to lower fuel bills, improve safety and increase speed of the trains, officials said. "By December 2019, all trains coming to Delhi will be on electrical traction," Goyal told... Read more.. |
Tamil Nadu govt gearing to release electric vehicle policyTamil Nadu is gearing to unveil its electric vehicle policy, which would bring in a change in the development regulations of installing charging points in buildings and public charging stations (PCS), said state transport secretary J Radhakrishnan on Friday. Addressing an event organised by Confederation of Indian Industry (CII), he said, “The state’s inherent strengths in manufacturing, skilled manpower and... Read more.. |
Wind projects exit Gujarat as leasing land gets tougherGujarat appears to be losing its status as the favourite destination of wind energy developers. Most winners of the latest wind auction by the Solar Energy Corporation of India, nodal agency that offers renewable energy projects, have decided to set up projects outside Gujarat because of land issues that have arisen lately, according to several people aware of the matter. ... Read more.. Date : Mar 11 Source: Energy World - Economic Times
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Cabinet approves renewable status for large hydro power projectsTo boost hydro power generation, the government Thursday approved a slew of measures including providing renewable energy status for large hydel projects and new funding provisions. Earlier, hydro projects up to 25 MW capacity were considered as renewables and were eligible for various incentives like financial assistance and cheaper credit. ... Read more.. |
The government okays 5-year plan for 'phased manufacturing' of EV batteriesThe government on Thursday announced a plan to set up a National Mission on Transformative Mobility and Battery Storage to "drive clean, connected and shared mobility" initiatives. The mission would draw up a five-year phased manufacturing programme (PMP) till 2024 for a few large-scale, export-competitive integrated batteries and cell-manufacturing Giga plants in India. According to a Niti Aayog report,... Read more.. |
Gujarat announces policy for small-scale solar power generationAspiring to fulfil Prime Minister Narendra Modi's ambition for raising the renewable power generation in the country, the Gujarat government on Wednesday announced a 'small scale distribution solar project' policy for producers of up to 500 KW to 4 megawatts (MW). Energy and Petrochemical Minister Saurabh Patel said, "Gujarat's geographical situation has vast and immense potential for renewable power generation... Read more.. |
Viability, implementation risks constrain outlook for wind energy sector; capacity addition to rise to 16 GW by 2023The country's wind energy sector is likely to see a slow growth with regard to capacity addition over the next five years, CRISIL Research said on Wednesday. The shift to a competitive bidding mechanism has slowed industry growth due to a significant fall in tariffs, triggering a decline in both bid response and profitability for original equipment manufacturers (OEMs), CRISIL Research said in a statement. It said... Read more.. |
Solar power generation 5.8 per cent costlier with GST: ReportThe introduction of Goods and Services Tax (GST) has led to an increase in the cost of solar photovoltaic (PV) power generation by almost 6 per cent, an independent study by the Council on Energy, Environment and Water (CEEW) and the International Institute for Sustainable Development (IISD) said on Thursday. At the same time, the GST has resulted in a decline in the cost of thermal power generation by 1.6 per cent... Read more.. |
Govt approves projects, revival scheme worth Rs 31,000-cr for power sectorThe central government has cleared projects and schemes totalling Rs 31,000 crore to boost investment in the languishing power sector. The Cabinet Committee on Economic Affairs (CCEA) approved two thermal power and two hydropower projects, a hydropower scheme and a revival scheme for stressed assets on Thursday, probably the last Cabinet meeting before the Lok Sabha elections. Hydropower has been devoid of... Read more.. |
Tamil Nadu govt announces Integrated Textile PolicyThe state government of Tamil Nadu has announced its Integrated Textile Policy, aiming at sustainable growth of the entire textile value chain and promotion of technical textiles. The new policy, released by chief minister Edappadi K Palaniswami, also encourages setting up of the textile industry in the twelve southern districts of the state. As per the new policy, announced after a gap of around 20 years, the state government will provide 100 per cent stamp duty exemption for technical textile projects, give... Read more.. |
ReNew Power raises $375 million via green bondsClean energy firm ReNew Power on Thursday said it has concluded a green bond issue of $375 million, which would be used for capital expenditure on green projects and refinancing external commercial borrowings. The five-year non-call two notes were offered at a yield of 6.67 per cent per annum, a company statement said. The bond offer has been rated as BB by Fitch Ratings, the statement said.... Read more.. Date : Mar 8 Source: Energy World - Economic Times
Subject Tags: Green Bonds, Green Investment, green projects, ReNew Power, renewable energy, renewables sector |
Amazon India partners with Kudumbashree in KeralaAmazon India recently signed an agreement with Kudumbashree, a poverty eradication and women empowerment programme of the Kerala State Poverty Eradication Mission for its initiative called Amazon Saheli. Amazon will support, train and empower women entrepreneurs associated with the organisation and provide a marketplace for them to showcase products. Kudumbashree has more than 1,000 community development societies... Read more.. |
Texworld Denim seeks sustainable developmentTexworld Denim played the ace card in the game of fashion, meeting the buyers' demands for sustainable development. Drawing nearly thirty exhibitors from Bangladesh, China, India, Pakistan and Turkey, the recent show established itself as the event that delivered ready-to-wear brands and independent designers, the addition that every fashion needs. |
GWEC and World Bank Group Target Emerging Offshore Wind MarketsThe Global Wind Energy Council (GWEC) and the World Bank Group (WBG) have revealed plans to work together on efforts to develop offshore wind in emerging markets.This follows the World Bank Group’s launch of a new programme to fast-track the adoption of offshore wind energy in developing countries, supported by funding from the government of the United Kingdom. ... Read more.. |
PM Modi to launch renewable energy projects worth Rs 9,300 crore in UPEven as the Uttar Pradesh government is eyeing to build renewable energy capacity of 10,700 mw in near future, Prime Minister Narendra Modi would lay the foundation of alternative energy projects in the state totalling Rs 9,300 crore on Friday. Modi is visiting the industrial town of Kanpur on March 8 for the mega ‘ground breaking’ ceremony for about 300 projects worth Rs 65,000 crore across different sectors.... Read more.. |
Environment Ministry plugs loophole that allowed plastic waste importThe government has plugged a loophole that allowed the import of plastic waste into India for processing. “…Solid plastic waste has been prohibited from import into the country including in Special Economic Zones (SEZ) and by Export Oriented Units (EOU),” the Ministry of Environment, Forest and Climate Change (MoEFCC) said in an order made public on Wednesday. The change in law was part of the Hazardous and Other... Read more.. |
Rs 1.1 lakh crore investment expected in wind energy projects over five yearsIndia is likely to witness fresh investments worth Rs 1.1 lakh crore flowing into wind energy projects of 14-16 gigawatt (GW) capacity over five years through 2023.“Capacity additions will primarily be driven by central government (SECI) allocations with relatively stronger counterparties like Solar Energy Corporation of India (SECI) and PTC, reducing risk as compared to direct exposure to state discoms,” research... Read more.. |
SunSource Energy to develop 70 MW open access solar power project in UPSunSource Energy, a Noida-based distributed solar energy company, announced it will develop a 70 Megawatt (MW) solar power project under open access scheme in Uttar Pradesh. The power generated by this project will be sold through long-term Power Purchase Agreements (PPAs) to commercial and industrial customers. "Once commissioned, it will be one of the largest open access solar power projects in Uttar Pradesh and... Read more.. |
SECI readies 2GW local content solar tender for public sectorSolar Energy Corporation of India (SECI) has said that another 2GW tender for solar to be procured by Central Public Sector Undertakings (CPSUs) will be made available this month.The CPSU scheme mandates cells and modules to be sourced locally and as per a note released today by the Ministry of New and Renewable Energy (MNRE), the government will be keeping a close eye on early tenders with a view to possibly... Read more.. |