You are here
Sustainability Outlook Headlines
Sebi asks for business responsibility reportsMarket regulator Sebi has asked listed companies to mandatorily submit an annual ‘business responsibility report’, wherein they will have to disclose compliance to various environmental, social and governance aspects, including matters like sexual harassment complaints. The Business Responsibility Reports (BRs) would be mandatory for top 100-listed entities based on market capitalisation at BSE and NSE as on March 31, 2012. The norms have been issued in line with ‘National Voluntary Guidelines on Social, Environmental and Economic Responsibilities of Business’ that was... Read more.. Date : Aug 15 Source: The Indian Express
|
Union ministry of environment and forests advisory to curb mobile tower radiationNo proposal to allow construction of new mobile towers should be permitted within a radius of 1km of existing towers, the Union ministry of environment and forests (MoEF) has stated in an advisory issued recently. This is just one of the few actions listed by the MoEF to be carried out by state governments, forests departments, department of telecommunications, ministry of communications and other agencies. The MoEF held consultations with stakeholders recently to discuss a report submitted by an expert committee it had earlier appointed to gauge the possible impacts of... Read more.. Date : Aug 15 Source: Times of India
|
New toilet technology after 150 years of wasteThese aren't your typical loos. One uses microwave energy to transform human waste into electricity. Another captures urine and uses it for flushing. And still another turns excrement into charcoal. They are part of a Bill & Melinda Gates Foundation competition to reinvent the toilet for the 2.5 billion people around the world who don't have access to modern sanitation. Scientists from around the world have taken up the challenge, and the foundation announced some projects Tuesday that will be getting more money to take their ideas from the lab to cities. There,... Read more.. Date : Aug 15 Source: Times of India
|
Parliamentary panel for mandatory CSRA parliamentary panel has asked the government to make corporate social responsibility (CSR) spending mandatory for companies above a certain threshold. It also wanted the government to clearly define in the Companies Bill the term ‘private placement’ of instruments to raise money. In its report on the Companies Bill, 2011, tabled in the Lok Sabha on Monday, Parliament’s standing committee on finance also suggested to the government that appointment of auditors be approved by shareholders at the annual general meeting . The Bill had proposed to allow appointment of auditors for the... Read more.. Date : Aug 14 Source: Business Standard
|
Suzlon Energy reports biggest quarterly lossWind turbine maker Suzlon Energy reported its biggest ever quarterly loss of 849 crore in April-June as it sold fewer turbines and the economic environment worsened with rising interest costs and a wildly fluctuating currency. Sales rose a modest 9% to 4,770.66 crore. "The first quarter has been difficult. Our profitability has been hurt due to low volumes, higher sales in low margin markets, higher interest cost and a foreign exchange loss 153 crore," chief financial officer Kirti Vagadia told ET. Suzlon has, however, maintained its full year revenue guidance of 27,000-28,... Read more.. Date : Aug 14 Source: Economic Times
|
Despite infrastructure woes, TN to add 1,000 mw wind powerDespite evacuation infrastructure woes in the state, Tamil Nadu is expected to see yet another record year in terms of wind energy capacity addition of about 1,000 mw in the this financial year. State’s total wind power installed capacity has crossed 7,000 mw in June, accounting for 40 per cent of country’s total wind power capacity. “The total installed wind power capacity as on June 30 was 7,055 mw, contributing to 40 per cent of country’s total wind capacity. During 2011-12, the state added an all time high capacity addition of 1,083 mw and the state is expecting wind capacity... Read more.. Date : Aug 13 Source: MydigitalFC
|
UN chief launches new initiative to protect oceansThe United Nations chief on Sunday announced an initiative to protect oceans from pollution and over-fishing and to combat rising sea levels which threaten hundreds of millions of the world's people. Secretary-General Ban Ki-moon said the “Oceans Compact” initiative sets out a strategic vision for the UN system to more effectively tackle the “precarious state” of the world’s seas. Ban highlighted the “grave threat” from pollution, excessive fishing and global warming. “Our oceans are heating and expanding,” he said in a speech to a conference marking the 30th anniversary of... Read more.. Date : Aug 13 Source: Deccan Herald
|
Swiss govt to help make Indian buildings more energy efficientSwitzerland is preparing a feasibility report on improving energy efficiency in the buildings coming up in India as they are likely to be major contributors to carbon emissions. Switzerland already has an MoU with the Power Ministry that is aimed at reducing energy consumption in new buildings in India. "In the energy efficiency sector in India, we see ourselves as providing technical assistance programme. It is largely technology guidance and know how. "We are looking at knowledge contribution in the energy efficiency space in India," Swiss Ambassador to India Linus... Read more.. Date : Aug 13 Source: Zee News
|
Dr Farooq Abdullah inaugurates R&D conclave on renewable energyIn an attempt to boost the new and innovative technologies, Ministry of New and Renewable Energy (MNRE) kicked off a two-day seminar at Vigyan Bhawan, here. Minister for MNRE, Dr Farooq Abdullah, inaugurated the workshop “R&D Conclave on New and Renewable Energy-Prospects for Cross-Cutting Technologies.” The minister on the occasion said the vision of his ministry is to develop new and renewable energy technologies, process, materials, components, sub-systems, product and services at par with international specifications, standards and performance parameters. He... Read more.. Date : Aug 13 Source: Greater Kashmir
|
Solar homes to meet state households energy needsThe state's plans to exploit renewable energy sources to meet electricity demands has inched one step closer to reality with the central government giving an in-principle approval for the 10,000 Solar Homes project. An official announcement is expected soon, said a top government official. Solar power plants, with a capacity of 1kw, will be installed on roof tops of 10,000 homes. Solar panels, which can generate approximately five units of electricity every day will be installed on rooftops due to the scarcity of huge tracts of land required for solar power plants. It is... Read more.. Date : Aug 13 Source: Times of India
|
South Asia's energy crisis demands collective actionThe colossal collapse of India's power grid, twice in as many days last week, highlights how severe the consequences can be if nations do not address their energy demand and supply situation. Hundreds of millions of people were without electricity, there were massive traffic jams on the roads as signals broke down, and factories and businesses came to a stand-still. But it is not just India that is struggling with a massive gap in power demand and supply. Crippling power cuts and shortage of energy supply are hurting growth in other South Asian nations such as Pakistan... Read more.. Date : Aug 13 Source: BBC News
|
As grids trip, Govt focuses on solar powerNumerous states of India recently plunged into darkness as the power grids across North and North East India crashed. Could there be an alternative to avoid such a prospect? Scientists at the Ministry of New And Renewable Energy are now trying out new ways of lighting and cooling your home. At the Solar Energy Centre in Gurgaon, scientists make hay while the sun shines. Or rather - they make energy. At the power plant, a huge reflective dish-like surface collects the suns rays, focusing them onto the centre. At the hub, is something called a Sterling Engine. It's filled with... Read more.. Date : Aug 9 Source: IBN Live
|
Water purification gets cheaper, greenerThe mechanism, developed by the Bhubaneshwar-based Indian Institute of Minerals and Material Technology, is a double-layered plastic container with blended terracotta discs in the middle which filter water. There was a time when we could drink water directly from rivers or wells, without wondering about its purity. Because of acute contamination of water sources, this is no longer a possibility. Now, the State government, realising the extent of water pollution, is promoting Terafil units, using which water can be filtered at houses. The mechanism, developed by the Bhubaneshwar-... Read more.. Date : Aug 9 Source: The Hindu
|
Pakistan, India, US overusing groundwaterHeavily-populated regions of Asia, the arid Middle East and parts of the US corn belt are dangerously over-exploiting their underground water supplies, according to a study published on Wednesday in the journal Nature. "The countries that are overusing groundwater most significantly are the United States, India, China, Pakistan, Iran, Saudi Arabia and Mexico, and the highest number of people that are impacted by this live in India and China," Canadian hydrologist Tom Gleeson told AFP. "Over a quarter of the world's population live in these regions where groundwater is being... Read more.. Date : Aug 9 Source: nation
|
Kiran Energy Solar Power, ReNew Power Ventures and Bharat Light & Power make headway in the renewable energy sectorThree leading lights of India Inc have found a second wind with their renewable energy start-ups. ET digs deeper into the plans of these professionals-turned-entrepreneurs searching for their place in the sun. RAYS OF SUNSHINE He came to India with a foreign venture, and then went on to take an Indian enterprise into foreign lands. In 1998, a 35-year-old Englishman helped the Hong Kong-headquartered Jardine Matheson Group set up its Indian operation. Six years later, the man who was a special advisor to former British prime minister John Major, joined the Tata group with a... Read more.. Date : Aug 9 Source: Economic Times
|
India and Chile to Collaborate in Enhancing New and Renewable Energy CapacityA high powered delegation from Chile, lead by their Minister of Foreign Affairs, Mr. Alfredo Moreno Charme met Dr. Farooq Abdullah, Minister for New & Renewable Energy and other senior officials of the Ministry in the capital today. The two sides held detailed discussions on cooperation between India and Chile in the field of Renewable Energy. Dr. Farooq Abdullah informed the Chilean Foreign Minister and the Delegation about the progress made by India in different fields of Renewable Energy and suggested exchange of expertise between the two countries for mutual benefit. He... Read more.. Date : Aug 9 Source: Press Information Bureau
|
Rural penetration, sustainability & infrastructure development, key to FMCG sector’s growthRural penetration, sustainability and infrastructure development are key to the FMCG sector's growth, top industry officials representing the sector said on Wednesday. "Huge investments in developing rural infrastructure and efficient utilisation of resources like our coast line, solar energy and vast human resources is imperative for India's overall growth as a large market base," Sangeeta Talwar, MD of NDDB Dairy Services said. She was speaking at the CII FMCG conference on new opportunities, wider markets, sustainable businesses. "Sustainability should not be restricted to one or... Read more.. Date : Aug 8 Source: Economic Times
|
Standard Chartered picks up stake in wind farmStandard Chartered Bank, which is targeting improvements in energy and resource efficiency in its buildings, has taken a stake in a wind farm to source green energy for an office in Chennai. It has taken a 26 per cent stake in Green Infra to source over 1.5 million units of electricity annually for its office building on Rajaji Salai in North Chennai. This will meet over 85 per cent of the building’s energy needs, according to Ravi Duvvuru, Regional Head-Regulatory Compliance, India and South Asia. Energy efficiency initiatives are planned for its office in Pune. The... Read more.. Date : Aug 8 Source: Business Line
|
AP high on environment index, finishes No 2Andhra Pradesh could have lost an alarming 281 square kilometer of forest cover (State of Forests Report- 2011) in just a few years and its capital city could be consuming 'C' grade water (as per Central Pollution Control Board) that's not fit for drinking unless treated extensively. Yet, the Planning Commission of India has concluded that AP's environment is among the best kept in the country and its drinking water quality better than most other states in India. In fact, AP is ranked No 2 on the commission's Environment Performance Index (EPI)-2012 compiled last month. The top slot is... Read more.. Date : Aug 8 Source: Times of India
|
Wind energy to get incentives in IndiaThe wind power sector is all set to get back the ‘generation-based incentive’ (GBI) benefits, Chairman, Indian Wind Turbine Manufacturers’ Association and Chairman and Managing Director, Gamesa India Pvt Ltd, Ramesh Kymal, said quoting ministry sources. Under the ‘GBI scheme’, wind power generators were given an incentive of 50 paisa per unit, subject to a cap of Rs 62.5 lakh per MW of installed capacity. The scheme was to cease if the total capacity under it came to 4,000 MW or by March 31, 2012, whichever comes earlier. The wind power generating industry has been... Read more.. Date : Aug 8 Source: REVE
|
Government reconstitutes statutory advisory body on forest diversionGovernment is sending out yet another industry friendly signal. The environment and forest ministry has reconstituted the statutory advisory body on forest diversion with members, who have strong pro-industry, particularly mining and hydro power, bias. The ministry has appointed KP Nyati, head of Sustainable Mining Initiative an outfit of the Federation of Indian Mineral Industries, Mohammed Firoz Ahmed, a wildlife biologist working with Aaranyak, an Assam-based wildlife conservation NGO and NP Todaria of the HNB Garhwal University's department of forestry, who has supported the... Read more.. Date : Aug 8 Source: Economic Times
|
Global pact signed to support low-carbon cement investmentsIndian cement majors, including ACC Ltd, Shree Cement Ltd and Ultratech, have signed a co-operation pact to support low-carbon investments in India. The pact was signed in Geneva with member companies of the World Business Council (WBC) for Sustainable Development’s Cement Sustainability Initiative and International Finance Corporation (IFC). Under the pact, a Low Carbon Technology Roadmap for the Indian cement industry is to be launched this year-end. “This will be the first roadmap to focus on one specific industrial sector in a single country,” a WBC release said. The... Read more.. Date : Aug 7 Source: Business Line
|
India-Japan team ups solar cell efficiency
The cost of production of a megawatt of solar energy is high. The efficiency of conversion of sunlight into energy by existing solar cells also needs to be improved considerably. These two factors are limiting the growth of solar energy as compared to conventional sources such as thermal and hydel energy. There is some good news on the technology front. An Indo-Japanese research initiative has reported a boost in the conversion efficiency of dye sensitised solar cells (DSSC) to 11.4 per cent. To achieve this, they... Read more.. Date : Aug 7 Source: Business Line
|
Indian Solar Action Forum proposedThe creation of a pan-solar industry body of professionals called ‘Indian Solar Action Forum (I-SAF) has been mooted. Industrialists and corporate executives, who attended a photovoltaic manufacturing summit in Gurgaon, Delhi, have mooted the I-SAF with an objective “to build an actionable agenda with a charter to expand India’s solar economy significantly.” I-SAF aims to bring together government departments, energy development agencies, power utilities, manufacturers, EPCs, system integrators, project developers, research bodies, quality testing centres, academic... Read more.. Date : Aug 7 Source: Business Line
|
Bangladesh-India Meeting on Cooperation in Renewable EnergyThe First Joint Working Group (JWG) meeting was held on 3rd August 2012 in New Delhi. Mr. Tapos Kumar Roy, Additional Secretary, Ministry of Power led the Bangladesh delegation. Indian delegation was headed by Mr. Alok Srivastava, Joint Secretary, Ministry of New and Renewable Energy. The meeting was a follow up to the Memorandum of Understanding (MoU) on India-Bangladesh Renewable Energy Cooperation signed on 6th September 2011 at Dhaka during the visit of Prime Minister of India. Both sides briefed each other on the present status and growth potential of renewable energy of their... Read more.. Date : Aug 7 Source: Energy Bangla
|