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Sustainability Outlook Headlines
Eight years on, country’s first BRTS yet to take offEight years after the first-ever Bus Rapid Transit System (BRTS) of the country was started between Katraj and Hadapsar (via Swargate) on a pilot basis, the project looks far from satisfactory and useful. Date : Dec 3 Source: Times of India
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Duty exemption on components used for rooftop solar power projects: Ministry of New & Renewable EnergyThe Ministry of New & Renewable Energy has announced that solar power developers setting up off-grid solar photovoltaic power projects will get excise duty exemption certificates (EDECs), with immediate effect, for all roof-top solar projects with a minimum capacity of 100 kilowatt (KW). Date : Dec 3 Source: Times of India
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Rs 4,000 crore push for 25 solar parksThe renewable energy ministry has proposed a gross budgetary support of Rs 4,050 crore for setting up 25 solar parks of 500 mw each and ultra-mega solar power projects to add 20,000 mw green generation capacity in the next five years. Date : Dec 3 Source: Times of India
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Tata Housing receives top honours at the Golden Peacock Awards 2014Tata Housing Development Company (Tata Housing), one India's fastest growing real estate companies, announced its recent win at the prestigious Golden Peacock Awards 2014, for their commitment to 'Sustainability' in the 'Real Estate' sector. The 'Golden Peacock Award for Sustainability' is the coveted recognition that organisations across India receive for excellence in sustainable practices. The award was presented at a specially organized "Golden Peacock Awards Ceremony", on Wednesday, October 29 2014 at the House of Lords – UK Parliament, Westminster in London. Date : Dec 3 Source: Odhisha Diary
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Natural gas for India energy securityThe Indian government has decided that boosting the energy sector must be one of its top priorities. With good reason, for economic growth and poverty alleviation are closely linked to energy issues. Over the coming years, millions of Indians will swiftly improve their living standards. Date : Dec 3 Source: Power Sector
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UK green fund close to finalising investment in Indian re-commerce start-upLow Carbon Enterprise Fund, the London-based investor focussed on social enterprises with a sustainability touch, is close to finalising a $2-lakh investment Delhi-based Karma Recycling. Date : Dec 3 Source: Economic Times
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Welspun Energy forays into solar rooftop space, builds 3 projectsRenewable energy major Welspun has ventured into the solar rooftop segment by commissioning three projects. "From building large-scale ground mounted projects, the company has (forayed into rooftop solar segment) with the construction of three projects," Welspun Energy Private Ltd (WEPL) said in a statement. Date : Dec 3 Source: Times of India
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Modi government pushes for smart citizenryAt a recent conclave held by the Confederation of Real Estate Developers Association of India (CREDAI), a pan India representation of the real estate fraternity and the Urban Development Ministry focused on Modi’s vision of ‘Swacch Bharat’. Date : Dec 3 Source: Magic Bricks
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Cities for the PeopleALREADY 54 per cent of the world’s population lives in urban regions and projections suggest this will keep increasing until at least 2050. The shift from a rural- to an urban-dominant globe signals more strongly than ever the need to transform how cities develop. Date : Dec 3 Source: The Statesman
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A beautiful, equitable water management systemKhonoma village, which fought the British four times, is today also known for how it protects its ecological heritage. Watch how its indigenous water management system works. Khonoma village resisted British rule in the region from 1830s to 1880 and is therefore considered as the last bastion of Naga warriors against the British. But today, the village is also known for upholding its rich indigenous erudition. Date : Dec 3 Source: India Water Portal
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In its 25th year, Tata Power Solar looks for break-evenTata Power Solar, India’s oldest solar company, has completed 25 years of existence, the company announced today. The company, formerly known as Tata BP Solar, is a wholly-owned subsidiary of Tata Power Ltd, a part of the Tata group. Date : Dec 2 Source: Business Line- The Hindu
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Switzerland's Meyer Burger bets on Indian solar energy sectorBuoyed by Narendra Modi-led government's thrust on renewable energy, Swiss technology major Meyer Burger expects to tap opportunities worth billions of dollars in the Indian solar market. Meyer Burger is a photovoltaic technology supplier and offers manufacturing processes for wafers, solar cells and solar modules, among others. Date : Dec 2 Source: Economic Times
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MSME ministry urged to promote use of renewable energyNoting that the government's 'Make in India' initiative will lead to growth in energy consumption, a network of Parliamentarians today urged the MSME ministry to promote the use of renewable energy and sought the creation of 'Green Cell' for the purpose. Date : Dec 2 Source: Business Standard
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India plans grouping of nations with high solar power potentialIndia is working on a plan to form an association of countries with high solar power potential, aimed at lowering the cost of solar energy and improving the country’s standing at the global climate change and environment protection discussions. The proposal aims to bring together 56 countries with more than 300 days of good solar radiation. The move follows India substantially revising an earlier target of achieving 20,000 megawatts (MW) solar power capacity by 2022 to 100,000MW, requiring an investment of around Rs.6.5 trillion over five years. Date : Dec 2 Source: Live Mint
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Time for Solar Resource-Rich India to Capitalize on Financing SolutionsThese are exciting times for India’s solar market. The solar resource-rich country just crossed the 3 gigawatt mark for total installed solar capacity. The Indian Renewable Energy Development Agency (IREDA) and the United States Export-Import Bank (US EX-IM) just signed an MOU for cooperation on clean energy investments, solidifying the US EX-IM’s $1 Billion line of credit to IREDA. In parallel with these announced developments, India’s Ministry of New & Renewable Energy (MNRE) together with the US Department of Energy (DOE), and the National Renewable Energy Laboratory (NREL),... Read more.. Date : Dec 2 Source: Switchboard
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OPEC Leaves Production Target UnchangedOPEC members rejected calls for drastic action to cut their oil output, keeping their production ceiling unchanged and suggesting the cartel is bracing for lower prices longer term. The decision on Thursday sent crude prices into a tailspin and spilled into currency and European stock markets. If Thursday’s market rout proves lasting, it will provide more relief to consumers in gasoline-guzzling countries like the U.S. But it is hammering the finances of big oil producers, from Russia to Venezuela, and biting into profit at oil companies big and small. Date : Dec 2 Source: Wall Street Journal
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Karnataka's Smart, New Solar Pump Policy for IrrigationThe runaway growth in states of subsidised solar pumps, which provide quality energy at near-zero marginal cost, can pose a bigger threat of groundwater over-exploitation than free power has done so far. The best way to meet this threat is by paying farmers to "grow" solar power as a remunerative cash crop. Doing so can reduce pressure on aquifers, cut the subsidy burden on electricity companies, reduce the carbon footprint of agriculture and improve farm incomes. Karnataka's new Surya Raitha policy has ken a small step in this direction. Date : Dec 2 Source: EPW
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Mumbai, Kolkata most vulnerable to climate change: GovtIndia’s populous coastal cities Mumbai and Kolkata are most vulnerable to loss of life and properties due to coastal flooding in the second half of the century, the government has said quoting a UN report ahead of a key global climate conference in Peruvian capital Lima. Date : Dec 2 Source: Financial Express
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Climate Parliament asks govt to create green energy fundClimate Parliament, a global network of legislators working to promote renewable energy, has urged the Urban development ministry to create a green energy fund to focus on utilisation of renewable energy in urban areas. MP Vandana Chavan in a recent letter to Urban development minister Venkaiah Naidu said that the cell should coordinate directly with the Ministry of New and Renewable Energy (MNRE) for any potential integration of plans and policies. Date : Dec 2 Source: Economic Times
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Amazon rainforest is getting drier, confirms another studyTo fresh warnings and appeals to seize the political momentum, UN talks opened in Lima Monday tasked with drawing the outlines of a 2015 deal to roll back climate change. Gathering 195 states, the 12-day meeting also has to agree on the pact`s heart -- a format for nations to make pledges to reduce Earth-warming carbon pollution. Date : Dec 2 Source: Zee News
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Profit, product launch next year: Suzlon’s TantiSuzlon Group Chairman and Managing Director Tulsi Tanti is “100 per cent sure” that Suzlon Energy will make a net profit in 2015-16. Date : Dec 1 Source: Business Line- The Hindu
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Cities could lead emissions reductionsCities could make a significant contribution to cutting greenhouse gas emissions at zero net cost, according to a report published today by the ESRC Centre for Climate Change Economics and Policy at the University of Leeds and London School of Economics and Political Science. Date : Dec 1 Source: The Australian
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India's Climate Change OpportunityIndia lags far behind rival China in wealth and development -- and also in the amount of carbon dioxide it spews into the atmosphere. Indian leaders say this explains why they shouldn't be expected to limit their greenhouse-gas output as China has just done. At global climate talks in Lima this week, they'll probably also point out that 1 in 4 Indians still lacks electricity, so the country can't afford any limits on economic growth. Date : Dec 1 Source: Bloomberg
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World’s Most Polluted City Urged To Close Schools On Bad Air DaysWhile the smog-shrouded skyline of Beijing has received considerable attention in recent years, the rapidly worsening air quality in the Indian capital of Delhi has officials calling for drastic measures to address the growing public health emergency. In a new report submitted to the Supreme Court on Friday, the country’s Environment Pollution (Prevention and Control) Authority urged the court to order all schools in Delhi closed on days when air pollution levels pose a threat to public health. The report also called for new restrictions on vehicles, such as increasing the tax on diesel... Read more.. Date : Dec 1 Source: Think Progress
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India hints at new focus on consumption based emissionsIndia’s environment minister has hinted he would like a major shift in the way countries account for their emissions at the UN climate talks. Prakash Javadekar wants nations to take responsibility not only for the pollution that they produce on home soil, but also that which they create in other nations. Date : Dec 1 Source: RTCC
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