Sustainability Outlook Headlines

KKR, Actis in talks to buy solar assets from Azure

Tenders for wind and solar projects continued in June despite COVID

About 618 MW of utility scale solar tenders and 225 MW of wind-solar hybrid tenders were issued in the month of June despite the Covid-19 outbreak, according to consultancy firm JMK Research and Analytics.

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EU lawmakers ban nuclear from green transition fund, leave loophole for gas

European Union leaders are split over which fuels deserve support from the bloc's flagship green energy fund, after lawmakers on Monday called for rules that could allow the money to be spent on some fossil gas projects.

The European Commission wants to... Read more..

SECI’s 5 GW Renewable Power Tender Bundled with Thermal Extended Again

The Solar Energy Corporation of India Limited (SECI) has once again extended the bid submission deadline for its tender to procure 5 GW of renewable power on a round-the-clock (RTC) basis complemented with thermal power projects. The date for the submission of bids has now been extended to August 4. Mercom had earlier covered the previous extension of this tender. The initial bidding deadline was May 4, 2020. SECI had issued the tender in March 2020. As per the tender document, the prospective bidders must pay a sum of ?500,000 (~$6,636)/MW as the earnest money deposit (EMD). Bidders are... Read more..

Chandigarh's target: 100MW solar power by 2022

The UT administration has set a self-target of 100MW solar power generation by 2022 even as the ministry of new and renewable energy enhanced the city’s solar power generation target from 50 megawatt (MW) to 69 MW for that year. The city is already generating 35MW solar power. Among the key projects are installation of solar plants on private houses under Renewable Energy Service Company Model (RESCO) model; solar power plant worth Rs 4.5 crore at the parking area of the new lake in Sector 42; solar panels in cycle stands of various government schools and a solar plant on N-choe, a... Read more..

NTPC and Indian Oil to Set Up a Waste-to-Energy Project in Delhi

The South Delhi Municipal Corporation (SDMC) has signed a memorandum of understanding (MoU) with Indian Oil and NTPC Limited to develop a demonstration waste-to-energy project at the Okhla landfill site in Delhi. This project will use gasification technology to process about 17,500 tons of refuse-derived fuel (RDF) per year. Combustible components from municipal waste will be used to generate ‘syngas’ which will then be used to generate electricity. Biomass gasification refers to the process of converting solid biomass fuel into a combustible gas, called “producer gas,” which is then used... Read more..

In 2 years' time, MSMEs will contribute 60% to India's exports: Nitin Gadkari

The Prime Minister has given a call for self-reliant Bharat, an Atmanirbhar Bharat; as a Minister for Roads and Highways and MSMEs, your task is cut out as MSMEs contribute 30% or one-third to India’s GDP. I want to understand what is your prescription for making sure that India becomes Atmanirbhar? Well, 48% of the exports are from the MSME sector and up till now, MSME has created 11 crore jobs. The most important thing is that it is related to the village industry. The turnover of the village industry up to March comes close to Rs 88,000 crore. The Prime Minister's dream is to make India... Read more..

Bihar against electricity amendment bill: State energy minister

Bihar is against The Electricity (Amendment) Bill, 2020, state energy minister Bijendra Prasad Yadav said in the online conference of power ministers from across the country on Friday. The meeting was chaired by Union minister of state for power (independent charge) R K Singh. Yadav said since power is in the concurrent list of the Constitution, the states’ consent is required before making any amendments regarding policy matters. He also said Bihar is not in the favour of privatization of power distribution companies (discoms). “Bihar government has already made its position clear in... Read more..

APP requests MNRE to include gas-based power in RTC scheme

A power producers body has requested the government to include electricity generated from gas-based plants in its proposed scheme for round-the-clock power from renewable energy (RE) projects complemented with thermal power. The Ministry of New and Renewable Energy... Read more..

FICCI urges govt to extend FAME-II for two years to boost EV demand

Industry body FICCI on Thursday recommended various measures, including the continuation of the FAME -II scheme till 2025, to enhance demand for electric vehicles. The recommendations, submitted by FICCI's EV committee to the government, seek immediate support from policymakers to... Read more..

Jal Jeevan Mission: during lockdown, 19 lakh households provided tap connections

‘Water delivery’ in their home through tap connections is an aspiration for women. It brings dignity to them. It empowers them. It brings safety and security to women and girls. It improves ‘ease of living’ and ensures better ‘quality of life’. With these aspirational goals in mind, Prime Minister launched Jal Jeevan Mission (JJM) on 73rd Independence Day i.e. 15 August, 2019 from the ramparts of Red Fort. The mission is under implementation in partnership with States. The goal is to have ‘Har Ghar Jal’-... Read more..

MNRE defines lockdown period for relief to companies

The ministry of new and renewable energy has set March 25 to May 31 as the official dates for the lockdown and will grant project deadline extensions to cover the 68-day period and an additional 30 days to help developers overcome the disruption.

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