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India and Germany invest $6.9bn in joint renewables venture

By : Sustainability ..., Oct 11, 2013

 India and Germany are planning investment of INR43,000 crore ($6.9bn) into building the green energy corridors project – a series of wind and solar farms in Rajasthan and Tamil Nadu which aim to add 30GW of capacity to the national grid by 2020.

According to the...

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Subject Tags: Germany , Technology

IFC launches $1-billion bond programme for India

By : Sustainability ..., Oct 11, 2013

 IFC, a member of the World Bank Group, has launched a $1-billion offshore bond programme, touted as the largest of its kind in the offshore rupee market, to strengthen India’s capital markets and attract greater foreign investment.

Under the programme, IFC will issue...

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Mumbai, Chennai may reach climate tipping point by 2034: Study

By : Sustainability ..., Oct 11, 2013

Around 20 years from now, Mumbai and Chennai could routinely start witnessing temperatures hotter than the two cities have experienced in 150 years, an alarming new University of Hawaii study predicting the climate 'tipping points' of various cities around the world has...

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One country, one grid to become a reality by January

By : Sustainability ..., Oct 10, 2013

 Come January 2014, the entire country will be served by one power grid, which means that electricity can flow seamlessly from anywhere it is produced to where it is needed and possibly at a lower price too.

India had five regional grids, but progressively four were...

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Myanmar halts bilateral hydro development

By : Sustainability ..., Oct 10, 2013

Six years after the governments of India and Myanmar decided to develop two hydro power projects, of 2,080 Mw capacity in that nation, the latter has put the idea on hold.

The 1,200-Mw Tamanthi and 880-Mw Shwezaye plants would have involved a spend of Rs 25,000 crore...

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Subject Tags: Technology

Power play in South Asia to energise India's hold among Saarc countries

By : Sustainability ..., Oct 10, 2013

After finding favour with energy resource-rich countries such as Nepal and Bhutan, India's proposal for a common power market in South Asia is now gaining traction with power-deficit countries of the region like Bangladesh, Sri Lanka and Pakistan.

While Indian power...

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ADB to Provide $500 Million for Renewable Energy Transmission System in India

By : Sustainability ..., Oct 10, 2013

 The Asian Development Bank (ADB) will provide $500 million to build a power transmission system needed to deliver clean electricity from wind and solar power projects in Rajasthan in Northwest India to the state and national grids.

“Boosting renewable energy is...

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FICCI suggests 10-point agenda to drive clean technology development

By : Sustainability ..., Oct 9, 2013
In a bid to boost clean technology development in the country, FICCI has proposed a 10-point agenda. The strategy was spelt out by Naina Lal Kidwai, president, at FICCI's India International Cleantech Summit 2013 currently under way.  
 
Clean...
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Subject Tags: Technology

World Bank 'gambling assets' by investing in private water firms

By : Sustainability ..., Oct 7, 2013

Civil society groups are pressuring the World Bank to disinvest from private water companies, saying that privatising ownership and management of this natural resource has failed to improve access to clean drinking water.

The World Bank is subsidising private...

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Human Assault Pushes Ocean To Limit Unseen In 300 Million Years

By : Sustainability ..., Oct 6, 2013

The news, the evidence that supports it, and the warning that accompanies it could hardly be more dire.

The latest audit by an international team of marine scientists at the International Programme on the State of the Ocean (IPSO) found that the world’s oceans and...

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Subject Tags: Technology