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India Gets Fewer Carbon Credits as UN Scrutinizes Projects

By : sustainabilityo..., Jun 4, 2010

India, the second-largest supplier to the United Nations emissions market, received 51 percent less carbon credits in the five months through May as regulators scrutinize the country’s projects.

Issuances of Certified Emission Reduction credits to India in the UN Clean...

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India opposes carbon tax on imports

By : sustainabilityo..., Jun 3, 2010

India has opposed suggestions that countries that have cap-and-trade schemes to control carbon emissions—mostly developed countries—impose a carbon tax on imports from nations that don’t have such measures in place, made at the ongoing global climate talks in Bonn.

“...

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Clenergen Corporation Closes Acquisition of 1.5MW/h Turnkey Biomass Power Plant

By : sustainabilityo..., Jun 3, 2010

Clenergen Corporation today announced that the company's wholly-owned subsidiary, Clenergen India Private Limited, completed its acquisition of an 1.5 MWe biomass power plant located near Salem, Tamilnadu, India. The power plant is a turnkey, fully operational facility which...

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Sasol, Tata plan $10b venture in India

By : sustainabilityo..., Jun 2, 2010

 South Africa's Sasol Ltd. said that it is planning to spend $10 billion in India in partnership with the Tata Group, following similar investments in Indonesia and China, Reuters reported. The company plans to produce 80,000 barrels a day of motor fuel by 2018 from a coal...

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Subject Tags: India , Tata Group

Clenergen Corporation Closes Acquisition in Salem

By : sustainabilityo..., Jun 2, 2010

Clenergen Corporation (OTCBB: CRGE) today announced that the company's wholly-owned subsidiary, Clenergen India Private Limited, completed its acquisition of an 1.5 MWe biomass power plant located near Salem, Tamilnadu, India. The power plant is a turnkey, fully operational...

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India seeks global fund to help Third World expand forest cover

By : sustainabilityo..., Jun 2, 2010

India seized the opportunity accorded by the Oslo Conference on Climate and Forests to make a case for a global fund to aid developing countries increase their forest cover. New Delhi maintains that it is not enough to provide compensation and incentives for avoiding...

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Subject Tags: Environment , India

Eco Urja India completes land acquisition for a 25 MW SPV project in Rajasthan, India.

By : sustainabilityo..., May 29, 2010

Eco Urja an exciting entrant into the solar energy space in India, has annonced that it has completed all formalities for acquisition of a 120 Ha land in the state of Rajasthan in India for a combined 45 MW solar power plant.

Ecourja offers project development and...

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Subject Tags: India , Technology

India gets first FDI in power sector after 54 months: Shinde

By : sustainabilityo..., May 29, 2010

India gets its first foreign direct investment (FDI) in the power sector after 54 months when a Singapore-based company committed to invest in 1,320 megawatt ultra-critical thermal power plant coming up in Andhra Pradesh. Up to 100 per cent FDI is allowed in the power sector...

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Subject Tags: India

ONGC Profit Rises 71%, Beating Estimates, on Higher Oil Prices

By : sustainabilityo..., May 29, 2010

Oil & Natural Gas Corp., India’s biggest energy explorer, posted a 71 percent increase in fourth- quarter profit, beating estimates, as crude oil prices rose.

Net income climbed to 37.8 billion rupees ($815 million) in the three months ended March 31 from 22.1...

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India's Path to Renewable Power

By : sustainabilityo..., May 28, 2010

Electricity is a powerful tool for building modern societies and plays a critical role in eradicating poverty and boosting economies. Yet, according to U.N. estimates, 1.5 billion people—nearly a quarter of the world's population—live without access to reliable power. In the...

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Subject Tags: energy , India , Technology