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IFC To Invest $130 Mn In Inox Renewable to fund 400MW wind projects

By : Sustainability ..., Apr 27, 2012

According to reports, IFC is planning to invest $130 Mn in INOX Renewables Limited, a subsidiary of Gujarat Fluorochemicals Limited.

The funds raised will be used to fund 400 MW of wind projects in the states of Rajasthan and Gujarat.

IFC’s proposed...

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Luis Miranda Joins Global Environment Fund As Senior Advisor

By : Sustainability ..., Apr 27, 2012

According to reports, former IDFC Private Equity chief Luis Miranda has joined Global Environment Fund (GEF) as a Senior Advisor. Miranda will be based in Mumbai, “where he will contribute to GEF’s private equity investments in India and South Asia,” the investment...

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Solar Energy Corporation to be fully functional by June

By : Sustainability ..., Apr 27, 2012

 According to reports, state-run  Solar Energy Corporation, formed primarily for executing the  Jawaharlal Nehru National Solar Mission (JNNSM), will be fully functional by June.

“The broad mandate of the company will be to help the ministry to implement JNNSM. It will...

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Narmada canals of Gujarat can produce 2,200 MW of solar power, save 11,000 acres of land

By : Sustainability ..., Apr 27, 2012

 According to reports, if even 10 per cent of the 19,000 km-long Narmada canal network in Gujarat is used for setting up canal-top solar panels, it has the potential to produce 2,200 MW of solar power, save 11,000 acres of land that would otherwise be used and prevent 2,000...

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India’s Rajasthan State Delays Solar Power Contracts Till August

By : Sustainability ..., Apr 27, 2012

 According to reports, India’s Rajasthan state will delay awarding contracts to companies to build 200 megawatts of solar capacity by about two months to August.

The last day to submit expressions of interest is May 18, M.M. Vijayvergia, executive director of the state...

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Usher Agro Limited commissions 16MW rice husk biomass plant in Uttar Pradesh

By : Sustainability ..., Apr 27, 2012

 Usher Agro Limited has informed the Exchange that the Company’s subsidiary company, Usher Eco Power Limited has successfully commissioned its 16MW Rice Husk Biomass Co-generation power plant at Chhata, Mathura, Uttar Pradesh on April 24, 2012. Further, as informed earlier...

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TransAlta walks away from carbon-capture plant

By : Anonymous, Apr 27, 2012

 

CALGARY, Alberta, April 26 (Reuters - TransAlta Corp abandoned plans on Thursday to build a C$1.4 billion ($1.42 billion) carbon capture and storage facility at an Alberta coal-fired electricity plant because it could find no buyers for the carbon dioxide and no way...

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Areva Solar Builds Giant Solar Farm In India

By : Anonymous, Apr 25, 2012

 

In a northwestern corner of India, rows of steel and glass are rising from the ground to form what will be one of the largest solar power plants in Asia. The 250-megawatt project is the first in India for Silicon Valley-based Areva Solar, which is benefiting from an...

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BP to Implement Carbon Offset Program for Fedex® Envelope

By : Anonymous, Apr 25, 2012

3/04/2012 - BP to Implement Carbon Offset Program for Fedex® Envelope
BP today announced a deal with FedEx to offset the carbon emissions of over 200 million FedEx Envelopes shipped worldwide yearly.

Through the carbon-neutral FedEx Envelope shipping program,...

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Set up waste plant at Vellar, corporation told

By : Anonymous, Apr 22, 2012

The Vilappilsala garbage factory is likely to have its doors closed in spite of the Supreme Court order. The government has asked the corporation to immediately set up a waste processing unit at the rock quarry at Vellar, near Kovalam. The engineering section of corporation...

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