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Sustainability Outlook Headlines
Simpa to provide clean energy to 60000 rural homes by '15Simpa to provide clean energy to 60000 rural homes by '15mydigitalfc.comSimpa Networks was established in 2010 by three entrepreneurs, Paul Needham, Jacob Winiecki and Michael Macharg who are experienced in energy access, micro-payments, and information technology. Simpa's operations in India are based out of ...and more » Date : Mar 19
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Green energy to get special lending window at public sector banks
The government is set to ask banks to carve out a special window for lending to renewable energy projects. The advisory may come as early as Monday when finance minister P Chidambaram meets state-run bank chiefs. While lending to the power sector has consistently increased, there is preference to finance conventional projects, resulting in a meager loan flow for the renewable energy sector, sources privy to the discussions said. According to latest data, bank loans to the power sector added up to over Rs 4 lakh crore at the end of January 2013. Banks have been... Read more.. Date : Mar 18 Source: Times of India
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Sovereign fund invests £100m in GreenkoHigh quality global journalism requires investment. Please share this article with others using the link below, do not cut & paste the article. See our Ts&Cs and Copyright Policy for more detail. Email ftsales.support@ft.com to buy additional rights. A Singaporean sovereign wealth fund has invested £100m in Greenko, in a move that will expand the Aim-quoted clean energy specialist’s power generation projects in India. An affiliate of the Government of Singapore Investment Corp (GIC) has agreed to sink £100m into... Read more.. Date : Mar 18 Source: Financial Times
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Delhi to get two waste-to-energy plantsDespite local residents repeatedly raising concerns over the “harmful effects of Okhla’s waste-to-energy plant on the environment and human health”, the Delhi Pollution Control Committee (DPCC) has said two more such plants are under construction and the three will together “solve the problem of waste disposal in Delhi.” The pollution watchdog of the Delhi government has given its consent to private firms to establish one plant each at Ghazipur and Bawana. But in response to an RTI application filed by HT, the DPCC said, “There is no information available on the... Read more.. Date : Mar 18 Source: Hindustan Times
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Church, civic body tie-up to dispose e-waste in KochiThe Kochi corporation's move to solve the hazardous e-waste problem in the city has got a shot in the arm, courtesy the church. With the civic body cornered on dumping plastic waste at the Brahmapuram waste treatment plant, the accumulating e-waste in the city area had become a major headache for the local body. The corporation has now teamed up with an NGO - the Kothamangalam Social Service Society (KSSS), the official social development wing of the Diocese of Kothamangalam - to remove e-waste from city limits. The NGO is, currently, holding talks with various... Read more.. Date : Mar 18 Source: Times of India
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Wind farms, solar plants in the offingWith a view to tapping the non-conventional energy potential, the State government will set up a wind farm in association with NTPC for generating 200 MW of power. Finance Minister K.M. Mani, in his budget for 2013-14, said a wind farm with a capacity of 22 MW would be set up at Kanjikode. Solar plants will be set up in the vicinity of substations and power houses for generating 60 MW of power. A plant will be set up for recycling used CFL bulbs. Energy parks will be set up for creating awareness of non-conventional energy sources and assembling and repairing energy... Read more.. Date : Mar 17 Source: The Hindu
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Open conference on water privatisationPublic Private Partnership (PPP) models in the water sector has fuelled debates about the viability of the model globally. The Delhi Jal Board (DJB) had launched three pilot projects for 24-hour water supply in the city under the PPP model and based on its results the scheme would be applicable to the entire national capital. Delhi is set to host a conference wherein activists such as Medha Patkar, Vandana Shiva and Himanshu Thakkar will speak at a day-long conference on 'Water Privatisation: Learning from Indian and International Experiences' on Tuesday. The... Read more.. Date : Mar 17 Source: Hindustan Times
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State finally wakes up to renewable energy potentialThe host of renewable energy projects announced in the State Budget suggest that Kerala has finally decided tap the resource to meet its energy demands. Finance Minister K.M. Mani on Friday announced that a wind farm with a capacity to generate 200 MW would be set up with the help of National Thermal Power Corporation. Another wind farm with 22 MW capacity would come up at Kanjikkode. The new proposals come at a time when neighbouring Tamil Nadu has virtually exhausted its wind energy potential. According to experts, wind speeds in several parts of the State are... Read more.. Date : Mar 17 Source: The Hindu
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Water Losses in India Cut in Half by Smart Meters: ItronItron Inc. (ITRI), the largest U.S. maker of metering devices that save energy and cut waste, said smart meters installed in Mumbai reduced water losses by half. Smart meter use in India’s most populous city eliminated 50 percent of the 700 million liters (150 million gallons) a day of water that’s wasted or leaked by broken pipes, Marcel Regnier, Itron’s chief operating officer for water, said today from Paris. Itron is based in Liberty Lake, Washington. Mumbai installed the meters, which can be read remotely, to help improve supplies from a system that provides tap... Read more.. Date : Mar 16 Source: Bloomberg
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Gujarat industrial players get relief from green cessMajor industrial players from the state have got relief from the Gujarat High Court which has held that the Green Cess Act, 2011, enacted to generate funds to promote clean energy, was unconstitutional and declared it as void. In a recent decision a division bench of chief justice Bhaskar Bhattacharya and justice J B Pardiwala also issued direction to the state government to refund the cess already collected from the industrial units preferably within four months from the date of receipt of court order copy with simple interest of 8... Read more.. |
India Set to Auction More Solar Capacity Than Planned This Year
India, which plans to raise solar capacity eightfold by 2017, will probably auction more megawatts than planned this fiscal year in a bid to cut chronic power shortages in the world’s second most-populous nation. The government will tender 750 megawatts of capacity in the first week of May, kicking off the second phase of its National Solar Mission, said Tarun Kapoor, joint secretary at the New and Renewable Energy Ministry. India expects to auction more than the 1,650 megawatts targeted for the year through March 2014. The South Asian nation, where power cuts shave... Read more.. Date : Mar 15 Source: Bloomberg
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Two projects launched to popularise use of biofuelChief Minister Jagadish Shettar on Wednesday launched two projects — Hombelaku and Hongirana — to decentralise biofuel extraction units and to offer biofuel products under one roof. The projects have been initiated by the Karnataka State Biofuel Development Board. Mr. Shettar said the BJP government had given utmost importance to biofuel by setting up the Biofuel Task Force in 2008, bringing out the Biofuel Policy in 2009 and setting up the Karnataka State Biofuel Development Board in 2010. He said the government would continue to support the endeavours of the board to... Read more.. Date : Mar 15 Source: Hindu Business Line
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Indian solar market estimated at US$2.05 billion for 2013
Business consulting firm Frost & Sullivan estimates the Indian solar market will be worth US$2.05 billion in 2013, up from US$1.05 billion last year. The Jawaharlal Nehru National Solar Mission (JNNSM) by the government of India is driving growth in the solar industry, specifically, the manufacturing of cells and modules, states Frost & Sullivan’s latest report Indian Market for Chemicals and Materials Used in Photovoltaics. The JNNSM is driving new opportunities to invest in the market for chemicals and materials used in the local manufacture of solar... Read more.. Date : Mar 15 Source: PV-Tech
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Chhatrapati Shivaji International Airport recognised for "green credentials"GVK’s Chhatrapati Shivaji International Airport (CSIA) has been recognised for its environmental credentials. The gateway, managed by Mumbai International Airport Ltd (MIAL), has been awarded ISO certification for its Carbon Emissions Accounting by Bureau Veritas. In 2012, CSIA became the first airport in India and the second in Asia to be recognised for its efforts in reducing its carbon footprint. CSIA is now in the process of upgrading its ACI Airport Carbon Accreditation rating from Level 1 to Level 2. GV Sanjay Reddy, managing director of MIAL, said: “We... Read more.. Date : Mar 15 Source: Airport World Online
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We’re exploring wind power stations in Himalayas: KymalRamesh Kymal , chairman and managing director of Gamesa Wind Turbine Pvt. Ltd, is optimistic about the future of wind power generation in India despite the drop in capacity addition this financial year. Gamesa Wind Turbine is the Indian arm of Spanish wind power equipment maker Gamesa Corp. Tecnologica SA. In an interview on 8 March, Kymal, also chairman of the Indian Wind Turbine Manufacturers Association, outlined his company’s plans and what the industry is doing to overcome challenges in India. Edited excerpts: Does the Budget proposal to introduce generation-based... Read more.. Date : Mar 15 Source: Livemint
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Solar issue: India, US to hold talks in Geneva on March 21India and the US will hold consultations under the aegis of WTO on March 20-21 in Geneva on American allegations of discrimination against its products by New Delhi’s national solar mission.
“We have fixed March 20-21 for consultations. Our team will leave by March 18th,” a senior official in the commerce ministry told PTI.
Joint Secretary in the Ministry Sudhanshu Pandey will lead the team. He will be accompanied by two lawyers, director level officials, officials from NTPC, the official added.
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Suez Subsidiary Degremont Wins India Water Treatment ContractsSuez Environnement (SEV), Europe’s third- largest water company by market value, won 41 million euros ($53 million) of contracts to build and operate water-treatment plants in New Delhi and Bangalore, India’s Silicon Valley. Suez’s subsidiary Degremont said today in a statement that the contract in India’s capital, where more than 17 million people reside, was awarded by the Delhi Jal Board to construct and manage a plant in which treated wastewater will be re-used by local industries and the Delhi Gate Nalla power plant. The Bangalore Water Supply & Sewerage Board... Read more.. Date : Mar 14 Source: Bloomberg
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KSEB plans to create 350 MW solar power capacity in 4 yearsKerala State Electricity Board (KSEB) plans to create solar energy capacity of 350 MW during the next four year-period, according to Aryadan Mohammed, electricity minister. Briefing newspersons here on Wednesday, the minister said that the initial 50 MW is sought to be generated as early by December this year. Of the 15 companies who had shown interest in the phase 1 bidding, six have been shortlisted and letter of intent will be issued to them soon. “We have got a good offer; the Rs 3.20 quoted is cheap”, he said. The Electricity Minister said KSEB has got... Read more.. Date : Mar 14 Source: Hindu Business Line
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By June, water information only a click awayAmid growing concerns over the quality and availability of water, the government is giving final shape to a policy that will allow citizens and other stakeholders to access hydrological information at the click of a mouse and also participate in informed decision-making. The draft Hydro-meteorological Data Dissemination Policy 2013 formulated by the water resources ministry is expected to be given final shape next month and implemented by June. The policy deals with ground water and surface water data obtained by the Central Water Commission (CWC) and the Central... Read more.. Date : Mar 14 Source: Times of India
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Govt to invite bids for phase-II of solar mission only in MayInvitation of bids for grid-connected projects under the second phase of the Jawaharlal Nehru National Solar Mission (JNNSM) may get pushed back by a month or two, as the Government is yet to decide on covering more products under domestic sourcing norms. The Ministry for New and Renewable Energy (MNRE), however, maintains that the Batch I of the second phase, which includes off-grid projects, will start from April 1 as envisaged in the JNNSM. “The tenders inviting bids for 750 MW of solar photovoltaic projects will happen by April end or May first week,” says Tarun... Read more.. Date : Mar 14 Source: Hindu Business Line
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Entrepreneurs' trust plans solar tech parkA solar research and technology park may come up at Chakan. Besides, a solar research institute and a centre of incubation and entrepreneurship was proposed by Entrepreneurs' International on Tuesday.
The Entrepreneurs' International (EI) is a trust registered with the Union government for budding entrepreneurs in the country. The solar project will be developed in various cities in collaboration with Solar Valley, an energy group from Germany.
"The EI has formed a national core committee for the solar research and technology... Read more.. Date : Mar 14 Source: Times of India
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Infosys, Wipro go on a green driveThis is one side of Bangalore's flagship companies that does not get sufficient attention. Infosys and Wipro are actively seeking to become very green companies.
Infosys plans to be fully carbon neutral by 2017, in other words, achieve net zero carbon emissions by balancing the carbon released by the company with an equivalent amount offset. As part of this, it is working to reduce its per capita electricity consumption by 50% from 2007-2008 levels and to source all of its electricity needs from renewable resources by the end of 2017.
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HSBC 'underweight' on Suzlon Energy, shares slip 5%India's largest wind turbine supplier Suzlon Energy dropped nearly 5 percent in morning trade on Wednesday after the foreign research house HSBC rated the stock `underweight'. "We do not see the company generating sufficient cash from its operations to meet loan repayments," HSBC reasoned. The target price for the stock is at Rs 9 a share, according to the report. Shares dropped nearly 13 percent in six consecutive sessions. At 10:48 hours IST, the stock fell 2.76 percent to Rs 15.85 on Bombay Stock Exchange. Last week the company had said would issue 78... Read more.. Date : Mar 14 Source: MoneyControl
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Mytrah Energy to acquire 59.75MW of India wind assets - NewNetMytrah Energy has agreed conditional terms to acquire 59.75MW of existing operational wind power assets in the Indian states of Tamil Nadu and Maharashtra, according to a report by StockMarketWire. The wind power parks comprise turbines from Gamesa, ReGen, and Enercon, and sees Mytrah Energy boosting its total asset base to 370MW from the previously expected 33MW going into the 2013 wind season. The company is also anticipating a further 600MW in total of fully connected and operational... Read more.. |
NGT to review waste-to-energy plantThe National Green Tribunal has issued a bailable warrant against the commissioner of South Delhi Municipal Corporation for failing to appear at a hearing. The court was hearing an application by residents of Sukhdev Vihar and neighbouring colonies against the waste-to-energy plant in their area.
The expert committee formulated by the court will study the problemand submit its report by April 4. "The first and the foremost question that has to be answered to this tribunal is whether or not this plant is causing environmental problems and releasing hazardous... Read more.. Date : Mar 13 Source: Times of India
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