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Himachal to sign carbon credit agreement with World Bank in May

By : Pramita Sen, Apr 27, 2011

 With a program to for earning carbon credits from a reforestation project having firmed up the state is to sign an Emission Reductions Purchase Agreement (ERPA) with World Bank executives in May.

“Normally such agreements are signed in Washington, USA, but on the...

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Subject Tags: Technology , World Bank

Matrix Partners tipped to invest $15m in Indian renewable energy

By : Pramita Sen, Apr 27, 2011

Early-stage investor Matrix Partners plans to invest R700m ($15.72m) in India-based renewable energy company Soham Renewable Energy.

Reports suggest that the investment firm is eyeing the acquisition of a 20 per cent stake in the company and that its investment values...

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CLP Power to invest Rs 1,800 cr

By : Pramita Sen, Apr 27, 2011

CLP Power India Pvt Ltd, a wholly owned subsidiary of Hong Kong-based CLP Holdings Ltd, would around Rs 1,800 crore to add around 200-300 MW capacity in renewable energy in the fiscal 2011-12. The company is also evaluating options to set up a solar power plant, said a senior...

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Subject Tags: Technology

India eyes solar-powered UAVs capable of flying for a fortnight

By : Pramita Sen, Apr 27, 2011

After launching development of stealth UCAVs (unmanned combat aerial vehicles), India is now also looking at designing solar-powered spy drones which can cruise in the sky for several days at a time.

The high-altitude, long endurance (HALE) solar-powered UAV will not...

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Subject Tags: Technology

Rural Electrification In India: Challenges and Successes

By : ARE RuralElec.org, Apr 27, 2011

This is the last article of a series published by the Alliance for Rural Electrification , an international business association that provides efficient renewable solutions for rural electrification in developing countries.

India has experienced rapid economic growth...

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Korea’s POSCO Gets Green Light to Operate in Orissa, India

By : Sandeep Roy, Apr 26, 2011

In January, Korean steel giant POSCO finally received the green light from the Ministry of Environment & Forests (MoEF) of the Government of India (GOI), for the $12 billion project in Orissa -- the state which is located on the east coast of India.

The project is...

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Subject Tags: India , POSCO , steel , Technology

Mandatory CSR spending for coal mining firms

By : Sandeep Roy, Apr 26, 2011

The Union government may make it mandatory for coal mining companies to spend a part of their net profit on the welfare of local people affected by the activities.

The move, a part of the competitive bidding guidelines being framed by the coal ministry, is in line with...

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Subject Tags: Business , mining , Technology

How can Indian power industry have profitable operations?

By : Hiro Chandwani, Apr 26, 2011

What is ailing the power industry in general, and power generation by renewable energy in particular?Here's a potential solution to help the power industry in having normal and profitable operations.

What is ailing the power...

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Harnessing India's Renewable Energy Potential

By : sustainabilityo..., Apr 26, 2011

India's answer to its energy deficit issue has been to implement attractive incentives for clean energy generation. Euromoney Energy Events' 4th Renewable Energy Finance Forum - India (http://www.reff-india.com) looks to match energy...

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Subject Tags: energy , India , Technology

Mumbai civic amenities to match global standards

By : sustainabilityo..., Apr 26, 2011

The water supply crunch, pitiful sanitation, improper waste management and a faulty drainage system may soon be a thing of past. The state government has chalked out a plan to augment the existing amenities in the city as per international standards. The water supply and...

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Subject Tags: Politics , Technology