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Sustainability Outlook Headlines

ReNew Power and CII partner to jointly address stubble burning issue in Punjab

Renewable energy generator ReNew Power today announced it has joined hands with industry chamber Confederation of Indian Industries (CII) to provide Punjab farmers equipment for alternative stubble management and cut pollution.

Stubble burning has emerged as major source of pollution and the initiative will address the complex problem of increasing levels of air pollution in Delhi National Capital Region,... Read more..

Source: ET Energy World

EV charging stations may become must in buildings, parking lots

The government proposes to amend building by-laws to make it mandatory to set up electric vehicle charging stations in residential and commercial buildings and parking lots.

The proposals include offering round the-clock charging infrastructure facility to all electric vehicles in residential buildings, setting up charging bays at 20% capacity of all vehicles, on-spot metering and payment services in both... Read more..

Source: The Economic Times

SBI moves SC, seeks amendment in pacts between power cos, discoms

SBI has moved the Supreme Court seeking implementation of a high power panel's recommendation to amend the PPAs between various discoms and three Gujarat-based electricity producers who were running losses as they could not hike tariffs to compensate for the rise in cost of coal imported from Indonesia.

SBI is part of a consortium of banks that funded the three power producers -- Tata Mundra, Adani and Essar... Read more..

Source: The Economic Times

Greater Vishakhapatnam Municipal Corporation to set up 15 MW floating solar project on Meghadrigedda

The Greater Visakhapatnam Municipal Corporation (GVMC), which has set an example by harnessing the solar power over the last two years, is now planning to set up a 15 MW floating solar power project with about Rs 100 crore on the Meghadrigedda reservoir.

It will take advantage of the Visakhapatnam Smart City project to execute the 15 MW project.

... Read more..

Source: The Times of India

Central government gives ex-post facto nod to BRICS nations' pact on environmental cooperation

The Centre Wednesday gave its ex-post facto approval to a pact signed among BRICS nations on environmental cooperation, a move which is expected to bring in latest technologies and best practices for better environment protection.

The Union Cabinet, chaired by Prime Minister Narendra Modi, gave its approval to the MoU signed during the 10th BRICS Summit in July in Johannesburg, South Africa.... Read more..

Source: The Economic Times

Shutters down, polluter Badarpur power plant to return in green avatar

After years of being labelled with the polluting tag, the newly-closed Badarpur thermal power station is now looking at greener pastures. After generating electricity for over 40 years, the power plant is now proposed to be an ecological park, specially designed to create a space that acts as a breathing lung for the capital.

State-run National Thermal Power Corporation (NTPC) has finalised a proposal to... Read more..

Source: The Times of India

SAR Group re-enters in inverter, solar segment

SAR Group, promoter of Livpure brand, is re-entering into the inverter and inverter batteries segment after seven years and aims to corner around 15 per cent market share in next couple of years, said a top company official. 

The group, which had sold its Luminous brand to Schneider Electric, will introduce inverters and inverter batteries and household solar segments under brands - Livguard and Livfast from... Read more..

Source: ET Energy World

Chennai Metro Rail commissions solar power plant at Koyambedu depot

Keeping up with its promise of adopting green energy, Chennai Metro Rail Limited (CMRL) commissioned a solar power plant with a capacity of 410 KWp at the maintenance depot in Koyambedu. 

The plant is expected to generate around 55,350 units a month that can save CMRL nearly Rs 15 lakh a year. 

With this,... Read more..

Source: ET Energy World

India gets $43.4 million from world's largest fund for climate action

UN-backed fund has approved $43.4 million for enhancing climate resilience for millions of people living in India's coastal communities as part of its efforts to combat extreme impacts of climate change.

The grant is a part of more than $1 billion approved by the Green Climate Fund for 19 new projects to help developing countries tackle climate change.

... Read more..

Source: India Today

NYSE-listed Azure Power raises $185 million

NYSE-listed Azure Power, one of the country’s largest independent solar power producers with a solar portfolio of over 3GW spread across 23 states, has raised around $185 million primary capital through an equity offering, Inderpreet Wadhwa, CEO & Founder, Azure Power, said in an interview with BusinessLine.

The Canadian pension fund Caisse de dépôt et placement du Québec (CDPQ) has contributed $100... Read more..

Source: The Hindu Business Line

Himachal's mega hydro project re-allotted

After over a decade of flip-flops and litigation, a multi-million dollar hydropower project was re-allotted on Monday by the Himachal Pradesh government to state-run Satluj Jal Vidyut Nigam Ltd (SJVNL).

The Cabinet, led by Chief Minister Jai Ram Thakur, allotted the 960-MW Jangi-Thopan-Powari project in Kinnaur district to SJVNL, the company operating the 1,500 MW Nathpa Jhakri plant, India's largest hydro... Read more..

Source: Business Standard

World to install over one trillion watts of clean energy by 2023

The world could install more than a trillion watts of renewable power over the next five years, more than the entire current generation capacity of the European Union.

The International Energy Agency’s latest annual report on renewables forecasts as much as an extra 1.3 terawatts of clean energy will be installed by 2023 under one scenario. Even in its more conservative central forecast, the agency predicts... Read more..

Source: Bloomberg Quint

No blanket ban, but SC puts checks on firecrackers this Diwali

People can burst low-emission firecrackers between 8 pm and 10 pm this Diwali, the Supreme Court said on Tuesday, ruling against a blanket ban on fireworks. But the top court ordered that the firecrackers should not be too noisy or polluting.

It also stipulated a 35-minute window for new year celebrations setting a time between 11:55 pm to 12:30 am for bursting crackers. No fire crackers would be burst... Read more..

Source: Hindustan Times

REC to tap US investors with $1-billion bond offering

REC, one of the largest lenders to the power sector, is planning to raise $1 billion through a bond sale to US-based investors, a first for the state-run company that has so far tapped investors in Europe and Asia. “We are planning to issue 5-year and 10-year notes as part of our borrowing programme. Our target is to meet 15% of our annual funding requirements through external commercial borrowings,” Ajoy Choudhury, REC’s executive director of finance, said. The non-banking finance company (NBFC) recently... Read more..

Source: The Economic Times

FRV announces the opening of its first solar project in India

Fotowatio Renewable Ventures (FRV), a leading global developer of renewable utility-scale projects, announces the opening of the two solar plants that are part of the 138 MW dc Andhra Pradesh Solar Farm, in India. This project is the first large-scale solar installation developed by FRV in the country. The company was awarded the project in a reverse auction conducted by the Solar Energy Corporation of India (SECI) in 2016. The auction was part of the National Solar Mission program, launched by the Government... Read more..

Source: FRV

ReNew Power to set up 3 MW floating solar project in Vizag

Private renewable energy producer ReNew Power said on Monday that it has won an order for developing a 3 MW floating solar photovoltaic (PV) project in Visakhapatnam in Andhra Pradesh.

The project will be among India's largest floating solar PV projects, ReNew Power said in a statement here.

"ReNew won this... Read more..

Source: Business Standard

National Green Tribunal orders pan India audit on waste management

Door-to-door collection and source segregation of garbage would be the top tick on the National Green Tribunal’s (NGT) pan India audit on the performance of urban local bodies (ULBs). The audit was part of comprehensive measures to bring in positive and efficient parameters to handle solid waste and other wastes by December 31, 2019. 

The principal bench of the tribunal, in its recent order, has directed... Read more..

Source: The Times of India

Invest India Wins Top UN Award for Promoting Renewable Energy Investment

Invest India has received the top UN Investment Promotion Award in recognition of its efforts to boost investments in the renewable energy sector in India.

The award was presented by Armenian President Armen Sarkissian to Deepak Bagla, the CEO of Invest India, on Monday in Geneva at the inaugurations of the World Investment Forum organised by the UN Convention on Trade and Development (UNCTAD).... Read more..

Source: News 18

Chandigarh: 118 government houses to get solar panels

Decks are cleared for the installation of solar-energy panels atop 118 government houses of the city, since the UT environment department has at last received a "fair" bid for this prestigious project in fourth attempt. 

The installation process started about a year ago, when the department fixed Rs 60 as tender price for each kilowatt of solar electricity but all interested parties quoted a higher amount.... Read more..

Source: ET Energy World

Ajmera Group to invest $10 million in solar, e-commerce startups

Real estate developer Ajmera Group is committing $10 million to invest in startups, and has already invested in BookMeIn, Sports Gurukul and Modulex. 

The group said it will invest across various sectors such as ecommerce, customer internet, solar and fintech., founded in 2014, provides a marketplace to connect customers and service providers for scheduling online appointments. ... Read more..

Source: ET Energy World

National Thermal Power Corporation to use biomass to co-fire coal-based power plants, cut emissions.

NTPC Ltd, India's largest power producer, plans to start biomass co-firing across all its coal-based thermal power stations in a bid to reduce greenhouse gas emissions and cut pollution, official sources said. 

Co-firing is the use of two different types of fuel for generation of electricity. 

NTPC plans to... Read more..

Source: The Economic Times

Solar park project in Trichy gets approvals under smart cities mission

Trichy Corporation has managed to obtain both administrative and technical approvals for establishing a 2.5 megawatt (MW) solar park under smart cities mission to generate electricity from sunlight.

In a list of more than 18 proposals made by Trichy Corporation, the civic body had also envisaged a plan to establish a solar power park. Identifying Panchapur as apt location, the civic body earlier submitted a... Read more..

Source: The Times of India

Himachal Pradesh government to float tender for 55 electric buses within fortnight

The Himachal Pradesh government plans to float a tender for purchasing 55 electric buses within a fortnight for Shimla and Dharamsala, a senior official said Friday. 

"We are planning to float a tender for 55 electric buses within a fortnight for Shimla and Dharamsala smartcity," Himachal Road Transport Corporation Chief General Manager H K Gupta told . 

... Read more..

Source: ET Energy World

Segregate waste at source or face Delhi corporation fines of up to Rs 1L

The three municipal corporations of Delhi have issued a public notice saying wastemust be segregated at source and failure to segregate, treat and dispose of waste scientifically would allow the civic bodies to fine resident welfare associations, market associations, bulk waste generators and housing societies anything between Rs 10,000 and Rs 1 lakh. 

Questions, however, have been raised about whether Delhi... Read more..

Source: The Times of India

Gegadyne Energy plans to raise $10M

Firm plans to set up lab in Mumbai

Gegadyne Energy, a Mumbai based start-up working in the area of battery technology, is planning to raise up to $10 million in Series A funding.

“We are already talking to investors and will raise the funds before the end of 2018. Most of the funds will be utilised to set... Read more..

Source: The Hindu