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Sustainability Outlook Headlines
Govt initiates plan to push solar power in city schoolsIn a major step towards power conservation, the environment department of the city government has initiated the process of installation of solar power plants in government four schools and four hospitals. In a meeting on Monday, the department has awarded the installation solar panels to the Delhi State Industrial and Infrastructure department (DSIIDC). “Tenders for installation of solar photo voltaic (SPV) plants in four schools and hospitals will be floated in a couple of days. The schools chosen for the work are government school in Mangolpuri Old block, Janki Devi school... Read more.. Date : Apr 11 Source: The Asian Age
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Bihar set to use nuclear energy in agricultureAfter encouraging farmers to adopt organic farming, the Bihar government is now exploring how farmers might benefit from nuclear technology, officials said on Wednesday. V.B Patel, chairman of the horticulture department of Bihar Agricultural University (BAU) at Sabour in Bhagalpur district, said that nuclear energy could be used in plant breeding and for developing new varieties. Radiation could be used for mutation, he said, and nuclear energy could also be used to increase the shelf life of vegetables like potatoes and onions. A team of scientists from the BAU is... Read more.. Date : Apr 11 Source: Times of India
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Dhanbad environment moratorium affects industrial sectorThe industrial sector in Jharkhand is suffering due to the moratorium imposed in four districts of the state by Central Pollution Control Board (CPCB). Date : Apr 10 Source: Times of India
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India readying to take on absolute emission reduction cutsIndia is preparing to take on absolute emission reduction cuts under the new global climate compact to be signed in 2015. As part of the preparation, the government is likely to commission four studies including one assessing by when India's emissions will peak in absolute terms. The year when India's emissions trajectory peaks before it starts to dip is expected to influence the date from when the government will be ready to take on a cap in absolute terms on greenhouse gases under the 2015 agreement. The government is also expected to commission a report on how the... Read more.. Date : Apr 10 Source: Times of India
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City's first Metro corridor to get water recycling plantThe city's first Metro project will have a treatment plant to recycle water used to wash rakes. Four lakh litres of water will be recycled on the city's first Metro corridor between Versova and Ghatkopar. Mumbai's first 12 km metro rail project between Versova and Ghatkopar via Andheri will be greener as it will save and recycle around 4 lakh liters of water to be used for washing and cleaning trains.The Reliance Infrastructure-led Date : Apr 10 Source: Times of India
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Gurgaon Inc steps on pollution-free fuelsThe millennium city is slowly but steady adopting alternate fuels for running vehicles and gensets. A handful of companies have sprouted in the city to help buyers willing to use alternative fuel to power their machinery. This marks a departure from the heavy dependence on conventional use of petrol and diesel, which have been becoming dearer almost every month. At present, vehicles have been using compressed natural gas (CNG), while some resort to LPG. Apart from this, bio-diesel is foraying into the market. The new-age fuel providers are setting up refitting and refuelling... Read more.. Date : Apr 10 Source: Economic Times
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Attero, World Bank arm tie up for e-waste recyclingElectronic waste has rightly been identified as one of the biggest potential environmental disasters. With the world producing 40 million tonnes of e-waste every year, and this figure growing at an alarming rate, the need for escalating sustainable e-waste recycling is greater than ever before. Attero Recycling and International Finance Corporation (IFC), a World Bank arm, have tied up to start a ‘Clean e-India’ initiative across Delhi, Mumbai, Ahmedabad and Hyderabad. About 1.5 million people would be impacted by this project, that aims... Read more.. Date : Apr 10 Source: Hindu Business Line
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Greenko shareholders back £100m investment from SingaporeThe company held a special shareholder meeting where investors voted yes to the investment proposal by the Government of Singapore Investment Corporation (GIC). AIM-listed Greenko has previously said that the funds will be used to accelerate the construction of attractive power opportunities in India by deployment of utility scale wind farms and Himalayan run-of-river hydro projects. Anil Chalamalasetty, CEO of Greenko, previously commented, ‘We are delighted by the overwhelming support from our shareholders at today’s special meeting and their recognition of the value... Read more.. Date : Apr 10
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Power generation firms to be mergedThe Delhi Cabinet on Tuesday took a decision to merge two of its power generational companies into a single unit in order to streamline operations. Delhi Chief Minister Sheila Dikshit said in order to ensure better functioning of the generating unit, the Cabinet has decided to merge the Pragati Power Corporation Ltd. (PPCL) into the Indraprastha Power Generation Company Ltd. (IPGCL), thereby retaining the latter’s name. The step is seen as facilitating a better result-oriented approach. All the employees of PPCL will become employees of IPGCL and will be governed by the rules... Read more.. Date : Apr 10 Source: The Hindu
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Aditya Birla Nuvo to sell unit for Rs 1.4k crAditya Birla Nuvo has decided to sell its carbon black business to a group company, SKI Carbon Black (India), for Rs 1,451 crore, as part of its plan to exit the business in the near future.
An option being considered is to bring all carbon black business, including Columbia Chemicals’, under one umbrella and selling shares through an initial public offering. Earlier, the group had bought the carbon black business of Columbia Chemicals for $800 million.
While bankers said the company would sell its entire carbon black business... Read more.. Date : Apr 9 Source: Business Standard
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Over 40 million tonnes e-waste generated globally each year: Kapil SibalAround 40-50 million tonnes of electronics waste is generated globally every year out of which India accounts for just 0.8 million, Telecom Minister Kapil Sibal today said. "By the time, market in domestic industry becomes buoyant, people get concerned about enormity of the market and then western world starts yelling us that we must start managing e-waste," Sibal at an event organised by IFC and Attero. E-waste describes discarded electrical or electronic devices. Slamming the western world for their interest in only trade with India, the Minister said they... Read more.. Date : Apr 9 Source: Economic Times
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DLF offloads wind power projects for $43.7m in India
Indian real estate developer DLF has offloaded its wind power assets in the states of Tamil Nadu and Rajasthan for INR2.4bn ($43.7m) to multiple acquirers. The company's subsidiary DLF Home Developers has entered into an agreement with Tulip Renewable Powertech to sell the 34.5MW Tamil Nadu project for INR1.88bn ($34.26m) The deal also includes the related assets, liabilities and long-term loans, reported the Hindu Business Line. Meanwhile, 33MW Rajasthan windmill will be acquired by Violet Green Power for INR522m ($9.5m), the company said in its stock... Read more.. Date : Apr 8 Source: Energy Business Review
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Amplus Infra Acquires Wind Power Facility From VRL LogisticsAmplus Infrastructure Developers has acquired a 42.5 MW wind power generation facility owned by VRL Logistics Limited, largest fleet owner of commercial vehicles in India in the private sector. HSA Advocates advised Amplus Infrastructure, while J. Sagar Associates advised VRS Logistics on the transaction. Amplus Infrastructure Developers, is engaged in all kinds of power projects in India. VRL was looking to exit its wind power and cement business to strengthen its focus on core business since a year. In 2006, VRL Logistics commenced wind power business... Read more.. Date : Apr 8 Source: Deal Curry
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Corporation boost for solar city projectThe cash-strapped Kochi corporation is planning to appoint an agency for preparing the detailed project report (DPR) for executing the solar city project. With the local body paying an annual electricity bill of about Rs 9 crore to KSEB, it is keen on starting the project in the current fiscal. The DPR is expected to cost Rs 10 lakh, which will be funded by the Centre. "The civic body has identified an agency for preparing the report. For ensuring transparency, the details will be presented before the council meeting to be held this month," said town planning committee... Read more.. Date : Apr 8 Source: Times of India
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CLP India runs out of gasChina Light & Power (CLP) India's 665-Mw gas-based power plant in Bharuch (Gujarat) has been shut for about a week, owing to no supply of gas from the Krishna-Godavari basin. Earlier, it was planned the power plant would have additional capacity of 1,000 Mw. However, these plans have now been put on hold. Reliance Industries (which operates the Krishna-Godavari basin wells) accounts for about a sixth of the plant's fuel requirements. The plant also draws gas from Gujarat State Petroleum Corporation and Cairn India. Though the plant has easy access to... Read more.. Date : Apr 8 Source: Business Standard
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Water management must for India: PresidentPresident Pranab Mukherjee Monday said efficient water management is crucial to keep pace with population growth and economic development. "Available water must be managed judiciously to meet the twin burden of population growth and economic development. Conservation, balanced distribution and reclamation of used water are essential cogs in the wheel of water management," Mukherjee said while inaugurating the India Water Week 2013 with the theme 'Efficient Water Management: Challenges and Opportunities' organised here by the Ministry of Water Resources. He added that... Read more.. Date : Apr 8
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Wind energy project hit by Bengal’s land allocation policyMamata Banerjee’s ‘no land acquisition’ policy has already impacted investment into West Bengal. Now, her policy to allocate State-held land through competitive bidding may prove to be a stumbling block in attracting investments in the Eastern region’s largest wind-farm project. Leaving aside a pump storage project (which uses conventional electricity to generate hydro-power to ensure grid stability), more than 90 per cent of the State’s electricity needs are met through coal-based generation. The rest is mostly hydropower sourced from the Central sector. The total... Read more.. Date : Apr 7 Source: Hindu Business Line
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Biofuel business distress a boon for cooking oil and sugar consumersHumans have a built-in weakness for fats and sugar and this summer there is a powerful reason to indulge. The basic ingredients of a happy meal — cooking oil and sugar — have become cheaper by Rs 4 a kilo in the past six months and prices are likely to slide further.
"Vegetable oil prices can drop by another Rs 3 per kilo till July-end as there will be ample supply," says Angshu Malik, chief operation officer, Adani Wilmar, which owns India's largest-selling vegetable oil brand Fortune. Sugar will also stay affordable because a global surplus has... Read more.. Date : Apr 7 Source: Economic Times
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Sankheda 1.2 MW biomass power plant a successEarly this week, the Union Ministry of New and Renewable Energy (MNRE) took a busload of entrepreneurs, academicians and experts in the field of renewable energy (RE) to the tribal belt of Sankhedataluka in Vadodara, for a field visit to the country's first gasification based 1.2 MW biomass to power generation plant, named Ankur Scientific Power Plant. However, what is mostly unknown about this two-year old, homegrown, clean energy, sustainable, decentralized, third-party, grid connected power generation plant- the first of its kind venture in India-is that the technology used in... Read more.. Date : Apr 7 Source: Times of India
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Enterprises should adapt to climate change: R.K. PachauriStressing on the need to "mitigate the emissions of greenhouse gases as part of the overall solution", renowned environmental scientist Rajendra K. Pachauri Saturday said management of enterprises across the globe will have to adapt to impact of climate change.
"The management of every enterprise across the globe will have to adapt to these impacts of climate change, because with inertia in the system, climate change and its impacts will continue for several years even if we were to reduce the emissions of greenhouse gases on a stringent basis," said... Read more.. Date : Apr 6 Source: New York Daily News
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DLF unit to sell wind energy projects in Tamil Nadu, RajasthanDLF Home Developers Ltd (DHDL), a subsidiary of India’s largest real estate firm DLF Ltd, will sell its wind energy projects in Tamil Nadu and Rajasthan as the parent seeks to shed businesses that aren’t its main area of interest and reduce debt. DHDL has signed an agreement with Tulip Renewable Powertech Pvt. Ltd to sell the 34.5 megawatts (MW) Tamil Nadu project along with related assets, liabilities and long-term loans for Rs.188.7 crore, DLF informed BSE on Friday. The 33MW Rajasthan wind mill will be sold to Violet Green Power Pvt. Ltd for Rs.52.2 crore on... Read more.. Date : Apr 5 Source: Livemint
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Gridco likely to miss solar purchase obligation for 2012-13State owned power trading firm Gridco is likely to miss its solar power purchase obligation for 2012-13. As per the renewable purchase obligation fixed by power regulator Odisha Electricity Regulatory Commission (OERC), Gridco was to purchase 25.75 million units of solar power. But the bulk power purchaser has procured only 12.45 million units (mu) till December, leaving a deficit of 13.29 mu which seems unlikely to be met. Gridco has purchased 6.54 mu from solar power projects set up in the state and the balance 5.9 mu as bundled power from NTPC Vidyut Vyapar Nigam... Read more.. Date : Apr 5 Source: Business Standard
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Cerebra gets nod from Karnataka Pollution Control board for recycling plantCerebra Integrated Technologies Limited has received clearance from the Karnataka State Pollution Control Board to establish its integrated 96,000 MT capacity E-waste recycling plant here, the company said. The approval is for E-waste recycling, including processing and recovery of precious metals like gold, silver and platinum, the company Managing Director V Ranganathan said in a statement here. Cerebra plans to complete the project by December this year and once commissioned, it would be one of the largest E-waste recycling plants in the subcontinent, he said. ... Read more..Date : Apr 5 Source: Hindu Business Line
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Mytrah of India Plans Singapore Wind Listing to Pay Debt, ExpandMytrah Energy Ltd. (MYT) is studying a listing of its wind assets in Singapore as the Indian developer seeks to pay debt and expand. Mytrah, whose investors including Henderson Global Investors Ltd. and R&H Trust Co Ltd., may list the assets as a business trust on Singapore Exchange Securities Trading Ltd., the Hyderabad-based company said today in a statement. The move will help Mytrah reduce its cost of capital from the 12 percent it currently pays on senior debt and the higher rates it pays on mezzanine loans, Gus Hochschild, a London-based analyst at Mirabaud... Read more.. Date : Apr 5 Source: Bloomberg
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3 of P&G's 45 zero manufacturing waste to landfill facilities are from IndiaProcter & Gamble (P&G) has announced that 45 of their facilities, including 3 in India, have now achieved zero manufacturing waste to landfill, which marks a major step towards the company's long-term vision of sending zero manufacturing and consumer waste to landfills. The company said over the past 5 years, P&G's work to find worth in waste has created over $1 billion in value for the company. "We have a vision for the future, where plants are powered by renewable energy, products are made from recycled and renewable materials and resources are conserved, with... Read more.. Date : Apr 5 Source: Times of India
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