You are here

Sustainability Outlook Headlines

No agreement stops India from using any energy source: Piyush Goyal

The Paris Agreement on Climate Change does not in any way stop India or any country from meeting its energy needs from whatever sources of energy that one may choose, the government told the Rajya Sabha today.

Replying to supplementaries, Coal Minister Piyush Goyal said coal will continue to remain our mainstay as it was a domestic raw material for producing energy.

... Read more..

Source: The Economic Times

Indian companies to invest $9 billion in Bangladesh energy projects

Energy is now at the vanguard of New Delhi's biggest business commitments in its neighbourhood, with power and gas leading the $9-billion investment projects India has proposed to make in Bangladesh to help strengthen Dhaka's emerging industrial base.

The Reliance and Adani Groups, and power behemoth NTPC were among the Indian blue-chip companies that concluded investment proposals on Monday in the presence... Read more..

Source: The Economic Times

Karnataka hints at water-rationing

The Karnataka government today said it has no problem in providing water till June 15 to the people in the state, hit by consecutive years of drought, but there may be water rationing, if required.

Appealing to farmers to stop using pumpsets, it advised the people to use water judiciously, as the levels in almost all the reservoirs was just enough for drinking needs.

... Read more..

Source: Business Line

Solar panel installer Ganges Internationale to set up ₹40-cr facility

Solar panel mounting structure manufacturer Ganges Internationale will expand its facility to cater to project developers in northern India. The company is looking to expand its existing 1-GW capacity by another 400 MW through the proposed facility.

Vinay Goyal, CEO, Ganges Internationale, told BusinessLine: “We are looking at an investment of ₹40 crore to be funded from internal accruals, plus term loans.... Read more..

Source: Business Line

WWF to create fashion platform to eliminate environmental negative impacts

World Wildlife Fund (WWF), known as the world’s most proactive conservation association, is coming together with unconventional fashion platform – AwaytoMars to create clothing that completely eliminates any negative impacts on the environment. WWF, a huge conglomerate in itself, has tapped in big budget retail stores like Harrods and Selfridges to sell these garments but their main aim is to make this a globally pursued project.

... Read more..

Source: Apparel Resources

Macquarie to acquire solar power assets of Hindustan Powerprojects in $600 mn deal

An infrastructure fund of Australia’s Macquarie Group Ltd has agreed to buy about 330 megawatts (MW) of operational solar assets from power producer Hindustan Powerprojects Pvt. Ltd for an enterprise value of $600 million, said two people familiar with the discussions.  

The deal, which will give Macquarie an entry into India’s renewable energy sector, is in an advanced stage of completion and an agreement... Read more..

Source: livemint

Ministry of New and Renewable Energy plans to push auction route for wind power

The ministry of new and renewable energy (MNRE) has proposed to allow state-owned power distribution companies (discoms) to conduct reverse auctions for procuring wind power. The move, an effort to promote the competitive bidding mechanism,is likely to encourage state-owned discoms to award wind projects through a bidding route, instead of feed-in tariffs (FiT) — a cost-based compensation system. Currently, states buy wind power from the developers at various FiTs, which are in the range of Rs 4.16 to Rs 5.76... Read more..

Source: Financial Express

NGT notice to waste generators in Delhi

The National Green Tribunal on Monday issued notices to major waste generators in the city including five-star hotels, malls, hospitals, educational institutions with hostels, and housing societies which have not complied with Solid Waste Management Rules 2016.

A Bench headed by NGT Chairperson Justice Swatanter Kumar asked these defaulting bodies to reply within two weeks as to why they should not be asked... Read more..

Source: The Hindu
Subject Tags: NGT, waste management

Bengaluru to get climate change lab

Rising temperatures, varying rain patterns and unpredictable weather.The impact of climate change is no longer a hypothesis but an everyday reality . In order to study the actual impact of climate change and equip the state to tackle the vagaries of nature better, a dedicated Climate Change Laboratory will soon be set up in Bengaluru.

The Environmental Management and Policy Research Institute (EMPRI),... Read more..

Source: The Times of India

‘Waste to fuel’ IH square technology demo by year-end

The Shell Technology Centre, Bangalore, is gearing up to demonstrate its IH2 (IH square) technology for conversion of municipal and agriculture waste into liquid transport fuel.

The technology centre at Bangalore is one of the three centres set up by the global oil major Royal Dutch Shell and the other two are in Amsterdam in Netherlands and Houston in the US to develop the technology for commercial... Read more..

Source: The Hindu

CleanMax Solar to set up 300 MW solar capacity this fiscal

Energy solutions provider CleanMax Solar plans to set up nearly 300 MW of solar capacity, including 100 MW of rooftop installation, this fiscal and will invest around Rs 1,500 crore for the same.

"There is a huge opportunity in the sector, not just in the ground mounted solar space but also rooftop projects. We are hoping to install nearly 300 MW of solar capacity in the country in FY 2017-18, which will... Read more..

Source: The Economic Times

Ganga clean-up: 26 projects worth Rs2,154.28 crore approved

The National Mission for Clean Ganga (NMCG) has approved 26 projects worth Rs2,154.28 crore under the Centre’s ‘Namami Gange’ programme, aiming to reduce the river’s pollution load.

As part of the projects, the NMCG will set up sewage treatment plants (STPs) and develop sewage network in four Ganga basin states: Uttar Pradesh, Uttarakhand, Jharkhand and Delhi. It will create sewage treatment capacity of 188... Read more..

Source: livemint

Fortum India to add 250MW solar power capacity every year

Finnish state-run utility Fortum Oyj’s India unit, which last year drove down solar power tariff to a new low, will set up at least 250 megawatts (MW) of solar capacity in the country every year, managing director Sanjay Aggarwal said.

The local unit of Fortum will also enter the waste-to-energy sector and launch charging stations for electric vehicles to gain a larger hold in India’s renewable energy sector... Read more..

Source: livemint

Sembcorp wins India wind power project

Sembcorp Industries announced on Monday (April 10) that its renewable energy business in India has won a bid for a new wind power project with close to 250 megawatts in capacity.

Sembcorp Green Infra received a letter of award for the project following the country's first national wind power tender, conducted by Solar Energy Corp of India, an entity under India's Ministry of New and Renewable Energy.... Read more..

Source: Strait Times

IREDA finances Rs 10,000 crore green projects during 2016-17

The Indian Renewable Energy Development Agency increased its financing of green energy projects considerably in 2016-17, crossing the milestone of Rs 10,000 crore in a single year for the first time.

IREDA provided loans of Rs 10,200 crore through 2016-17 for 112 clean energy projects across solar, wind, small hydro and biogas. “In the coming year, we plan to do Rs 12,500-13,000 crore,” said KS Popli,... Read more..

Source: The Economic Times

Telangana to double solar capacity by March next

Telangana is set to come out with a new wind and hybrid solar-wind energy policy frameworks to provide impetus to the rapidly expanding renewable energy sector.

The State, which has an installed renewable energy generation capacity of 1,400 MW, expects to take it past 3,800 MW.

Renewable energy expo... Read more..

Source: Business Line

CDC to invest $100m in India

UK government agency CDC Group is to invest up to $100m to support projects in India’s renewable energy sector.

The development institution is to establish an independent energy company in the country as part of joint efforts focused on green finance.

UK BEIS Secretary of State Greg Clark and India Minister... Read more..

Source: reNews

Korea Land and Housing Corporation Signs MOU on Smart City Development with India

The Korea Land and Housing Corporation (LH) announced on April 7 that it held an MOU ceremony in honor of the construction of Kalyan-Dombivali Smart City at Maharashtra State Government Building in India.

The Kalyan-Dombivali region was designated as the second smart city in September last year in accordance with the Indian government's 100 national plans. Previously, LH reviewed seven designated cities in... Read more..

Source: Business Korea
Subject Tags: International, MoU, Smart City

Target Agrees to Phase Out Use of Polystyrene

Target announced this week it will begin to phase out use of polystyrene foam packing in its e-commerce operations.

Previously, “As You Sow,” an organization that promotes corporate accountability, filed shareholder proposals with Target, asking the company to “assess the reputational, financial and operational risks associated with continued use of foam packing materials and a timeline to phase out its use... Read more..

Source: Environmental Leader

Maharashtra mulls adopting ‘life cycle cost’ model to buy green products

 The Maharashtra government is thinking of procuring green products on the basis of its life cycle costs rather than through lowest bidder (L1) process, which is currently followed in construction of buildings.

“We are discussing with the Indian Green Building Council (IGBC) the process of procuring green products ,” state Public Works Department’s Principal Secretary Ashish Kumar Singh said at an event... Read more..

Source: Business Line

50% of Bengaluru waste segregated at source

From small beginnings, Bengaluru is finally segregating much more waste at source. Over 50% of waste generated in the city is being segregated, says the latest daily report of the BBMP's solid waste management wing.

Of the total waste of 4039.76 tonnes generated on April 4, 2057.03 tonnes were segregated at source. In all, 1677.65 tonnes of wet waste and 362.65 tonnes of dry waste were segregated at source... Read more..

Source: The Times of India

Maharashtra farmers get solar push from govt for better land irrigation

Farmers in Peth, Surgana and Trimbakeshwar are not dependent on the Maharashtra State Electricity Distribution Company Limited (MSEDCL) any more thanks to new solar pumps by the government.

About 59 farmers across Nashik district have received solar agriculture pumps to gush out water from the ground for irrigation purposes. The dream became a reality after the government increased the ceiling of land... Read more..

Source: ET Energyworld

Call for Nominations: 5th Edition of FICCI Water Awards- Extended Application Deadline: May 5, 2017

FICCI under the aegis of FICCI Water Mission is organizing the 3rd edition of the India Industry Water Conclave and 5th Edition of FICCI Water Awards on September 7, 2017 at FICCI, New Delhi. The Mission has instituted the Conclave and Awards on annual basis to recognize excellence in water conservation and sustainable water management practices. The Awards are conferred for four categories and the nominations are scrutinized by eminent... Read more..

Source: Sustainability Outlook

Launch of Innovative Microgrid Investment Accelerator to Unlock Private Capital for Energy Access

"We see India as a key growth market for the Microgrid Investment Accelerator in the coming five years and are delighted to be partnering with cKers Finance to provide a range of debt and equity investment offerings to clean energy microgrid developers. The positive policy and regulatory frameworks in Bihar and Uttar Pradesh have enabled us to focus our financing efforts in those markets initially, but we look forward to... Read more..

Source: Sustainability Outlook

India expresses willingness to support Bangladesh in renewable energy sector

Union Minister of State (Independent Charge) for Power, Coal, New and Renewable Energy and Mines, Piyush Goyal on Thursday expressed willingness in supporting Bangladesh in the renewable energy sector and energy efficiency initiatives, in which India has achieved huge success.

Talking about the future prospects of engagements between the nations, Goyal said the scale at which the renewable energy sector has... Read more..