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Union Cabinet approves nationwide project for rehabilitation and improvement of dams worth Rs. 10,211 croreBy : Sustainability ..., Oct 30, 2020
The Union Cabinet approved externally aided DRIP Phase II and Phase III in its meeting held on October 29, 2020. The project will initially cover Nineteen (19) States and three (3) Central... Read more.. |
As World Bank faces scrutiny, U.N. chief warns lenders over fossil fuelsBy : Sustainability ..., Oct 13, 2020
United Nations Secretary-General Antonio Guterres on Monday urged development banks to stop backing fossil fuel projects, after a report found the World Bank had invested $12 billion in the sector since the 2015 Paris Agreement to combat climate... Read more.. |
World Bank's IFC adopts new climate rules to deter lenders from backing coalBy : Sustainability ..., Sep 24, 2020
LONDON: The World Bank's private-sector arm has introduced new climate change conditions for its investments in commercial banks to encourage the lenders to wind down support for coal projects in Africa and Asia. The International Finance Corporation (IFC), which owns equity... Read more.. |
3 developers call off NTPC’s solar contracts over regulatory delaysBy : Sustainability ..., Jan 29, 2020
Solar power contracts of three major power plant developers with state-run NTPC Ltd have been cancelled due to delays in regulatory approvals, potentially disrupting India’s clean energy trajectory by knocking 1,400MW off it. These firms had participated in what was the first... Read more.. Subject Tags: Clean Energy , International Finance Corporation (IFC) , NTPC , Power Generation , Renewable Energy , solar power , World Bank |
New World Bank project to support climate resilient agriculture in OdishaBy : Sustainability ..., Oct 29, 2019
The Centre, Odisha government and World Bank on Thursday signed US$165 loan agreement for implementation of Odisha integrated irrigation project for climate resilient agriculture. The project aims to support small farmers to strengthen the resilience of their production... Read more.. |
MP invites bids for 10.8 Megawatt rooftop solar power projectsBy : Sustainability ..., Oct 18, 2019
New Delhi: Madhya Pradesh Urja Vikas Nigam Ltd (MPUVNL) has invited bids for setting up rooftop solar Photo Voltaic projects of 10.8 Megawatt (Mw) capacity for industries located near Bhopal. As part of the tender, 164 industrial beneficiaries will procure solar power under... Read more.. Subject Tags: bidding , DISCOM , International Solar Alliance (ISA) , MSMEs , solar energy projects , solar rooftops , Solar Tariffs , World Bank |
GWEC and World Bank Group Target Emerging Offshore Wind MarketsBy : Sustainability ..., Mar 8, 2019
The 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.... Read more.. Subject Tags: brazil , China , developing countries , Emerging Countries , environmental sustainability , Global Wind Energy Council (GWEC) , India , Offshore wind , Renewable Energy , World Bank |
India signs Loan Agreement with the World Bank for Financing the Uttarakhand Disaster Recovery ProjectBy : Sustainability ..., Mar 7, 2019
The World Bank, Government of India and Government of Uttarakhand (GoUK) signed here today a $96 Million Loan Agreement to provide additional funds to the State of Uttarakhand in its post-... Read more.. Subject Tags: climate change adaption , climate resilience , India , loan agreement , post-disaster recovery , World Bank , World Bank |
Developing nations need to invest 4.5% of GDP in infrastructure to achieve SDGsBy : Sustainability ..., Feb 21, 2019
A new World Bank report finds that investments of 4.5% of GDP will allow developing countries to achieve their infrastructure-related Sustainable Development Goals and stay on track to limit... Read more.. |
World Bank approves Rs 11,000 cr for improving safety of hydro power damsBy : Sustainability ..., Feb 19, 2019
The World Bank has accepted a proposal to provide Rs 11,000 crore to India to improve safety and operational performance of its 733 large dams across 18 states over the next 10 years. The money will be utilised under the ongoing Dam Rehabilitation and Improvement Programme (... Read more.. |