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Sustainability Outlook Headlines
Cabinet clears mineral exploration policy“The Cabinet cleared NMEP. After the policy is approved, the government can auction 100 blocks that have been identified by the Geological Survey of India (GSI) for exploration,” said an official from the Ministry of Mines. To encourage mineral exploration in the country, the Mines Ministry has already notified the National Mineral Exploration Trust (NMET). “Through NMEP, the government wants to attract private sector in exploration, besides involving state-run GSI, MECL (Mineral Exploration Corporation of India) and other notified agencies. States will also play a greater... Read more.. Date : Jul 1 Source: Deccan Herald
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Haryana to auction bonds worth Rs 775 cr under UDAY SchemeReserve Bank has said Haryana will place special securities worth Rs 775 crore tomorrow, under the discoms' financial restructuring scheme, UDAY. "Haryana government proposes to issue special securities of a notified amount of Rs 775 crore, under the Ujjwal Discom Assurance Yojna Scheme (UDAY)", RBI said in a release. ... Read more.. |
GWEC presents supply chain study for Indian offshore windThe Facilitating Offshore Wind in India (FOWIND) consortium released a new supply chain study that reveals what is already available and what needs to be upgraded or started from the beginning. The key supply chain elements of the offshore wind industry are assessed as part of the study and there is also a preliminary evaluation of companies entering the offshore wind sector. ... Read more.. Date : Jul 1 Source: SeeNews Renewables
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Andhra Pradesh joins “UDAY” schemeThe Government of India, the State of Andhra Pradesh and the DISCOMs of Andhra Pradesh (APSPDCL and APEPDCL) has announced that it has signed a Memorandum of Understanding (MOU) under the Scheme UDAY – “Ujwal DISCOM Assurance Yojana” in Vijyawada (AP) for financial turnaround of the DISCOMs. The MoU for operational & Financial turnaround of Discoms was signed by Dr A.K. Verma, JS (Distribution), Ministry... Read more.. |
Wind energy developers face possible incentive cutThe Gujarat Electricity Regulatory Commission's (GERC) proposal to share generation based incentive with utilities or consumers is likely to result in 75bp lower rate of return for wind energy developer's projects, says India Ratings and Research (Ind-Ra). Ind-Ra believes such policy levels changes which impact the developer IRRs would lead to a slowdown in wind capacity addition. In what could turn out to... Read more.. |
Industrial Complex in Spain Delivers Fresh Take on Wastewater ReuseSituated in a water-stressed region of Spain, the Camp de Tarragona petrochemical complex and surrounding municipalities face competition for freshwater resources to meet growing agricultural, industrial and residential demands. The complex previously used freshwater from the UNESCO-protected Ebro River Basin to power its industrial processes, but desired a more sustainable option to ensure a reliable water supply for operations. ... Read more.. |
Global economic slowdown affects Indian apparel exportsDue to ongoing global economic slowdown and uncertainty over recovery in upcoming months, Indian apparels exports is likely to face a decline of 5 per cent in the June quarter. “Compared to last year, sentiments in apparel sector remained weak due to the global economic slowdown. The peak summer demand season did not meet expectations and hence, we are estimating India’s apparel exports to remain lower by 5... Read more.. |
UDAY Unlikely to Destabilise Aggregate State Finances but Select States Will Feel the Pinch: India RatingsAggregate impact of UDAY on the fiscal deficits of 13 states that have joined the scheme will be 0.47% of gross domestic product (GDP) in FY17 estimates India Ratings. However, state finances of Andhra Pradesh, Haryana, Jharkhand, Punjab, Rajasthan and Uttar Pradesh will come under pressure. "UDAY is unlikely to have a destabilising effect on fiscal consolidation at an aggregate level. We estimate aggregate... Read more.. |
Gurgaon more than doubles its solar power target, aims higherGurgaon has crossed its installed solar energy capacity target for summer, which was set at 5MW. Officials of the Haryana Renewable Energy Department (HAREDA) said the district's installed solar power capacity has crossed 12 MW (as of last week) and they are all set to achieve the 20 MW milestone by August. According to officials, the major chunk of the installed solar capacity comes from commercial... Read more.. |
India’s NTPC tendering for 18MW solar project in Andaman and Nicobar IslandsIndia’s largest utility NTPC has invited bids for developers to set up an 18MW grid-connected solar PV project in the Andaman and Nicobar Islands. The capacity at Chidiyatapu in South Andaman, the most populous of the Andaman Islands, will be awarded via a reverse auction, domestic competitive bidding process. It will be open category in terms of from where the solar cells and modules are sourced.... Read more.. |
Tata Power Solar commissions 100 KW rooftop projects in BengaluruTata Power Solar today said it has commissioned a 100 kW rooftop solar project for Toyota Kirloskar Auto Parts near Bengaluru. The project, completed in 21 days, is the fastest rooftop installation by Tata Power Solar. Located at Bidadi industrial estate, the project is built on the administrative office building of the Auto parts manufacturing unit and will be used for captive consumption, the company said... Read more.. |
Waste Management! Delhi-Meerut Highway to be Built by Using Solid WasteThe National Highways Authority of India or NHAI has come up with an indigenous idea of utilizing solid waste collected at landfill sites. The government body will now initiate incorporation of such waste into building national highways and thus, solving a critical issue of waste management in major cities in the country. ... Read more.. |
Trial commercial run of first CNG Highway, Delhi-Jaipur CNG Highway commencesClean fuel in the form of CNG is now available for vehicles plying from Delhi to Jaipur Highway through the CNG Station at Neemrana and Kukas (near Jaipur) after Rajasthan State Gas Limited (RSGL) started commercial sales on trial run from 26th June through its Mega CNG station at Neemrana, the company said in a statement. Ravi Agarwal, Managing Director, RSGL informed that Delhi-Jaipur is the first CNG... Read more.. |
India Targets $8.9 Billion in Energy Efficiency Cost SavingsIndia’s plan to replace energy-intensive appliances with more efficient designs is expected to save as much as 600 billion rupees ($8.9 billion) a year, according to the head of the government arm spearheading the country’s drive. The federal power ministry’s plan to replace incandescent lights with LED bulbs and use energy-efficient irrigation pumps, fans and air conditioners can cut about 30 gigawatts of... Read more.. |
EESL, TERI partner to work on energy efficiencyState-run Energy Efficiency Services Ltd and The Energy and Resources Institute (TERI) have entered into a strategic partnership to jointly work on energy efficiency for two years. Both organisations have decided to enter into an agreement as strategic partners to work jointly for the achievement of common goals and objectives related to energy efficiency in India and abroad, Power Ministry said in a release... Read more.. |
BREXIT: Impact on the textile industry of Vietnam and BangladeshThe recent UK-EU membership referendum (referred to as ‘Brexit’) resulting in an overall vote for UK to leave the EU as opposed to remaining an EU member, has Bangladesh’s apex garment manufacturer’s entity – Bangladesh Garment Manufacturers and Exporters Association (BGMEA), prominent economists and trade bodies expecting negative impact on Bangladesh’s exports, especially on apparels, as the UK is the third largest garment importer from Bangladesh. ... Read more.. |
India – A fast-fashion recycling landmineThousands of tonnes of used clothes arrive at the western port of India, Kutch in Gujarat, which is a hub for purchase of second-hand clothes from rich countries which are then resold in the developing countries, after being reprocessed in India. The garments are sorted according to size, out of which the larger sizes are sold for scrap. Only 30 per cent of the garments that arrive are worthy of being resold... Read more.. |
Tata Power Solar commissions first solar project of Toyota Kirloskar Auto PartsTata Power Solarhas announced that it has successfully commissioned a 100 kW rooftop solar project for Toyota Kirloskar Auto Parts Pvt. Ltd., near Bengaluru. This is the first solar project undertaken by the company, known for its green philosophy. Completed in a record time of 21 days, this is fastest rooftop installation by Tata Power Solar. Located at the Bidadi industrial estate, the project is built on... Read more.. |
Rajahmundry: New canal-top solar power project in West GodavariA canal-top solar power project of one mw capacity at a cost of Rs 8 crore will be coming up on Losari Main Canal at Gollavanitippa village of Bhimavaram rural mandal in West Godavari. The New and Renewable Energy Development Corporation of Andhra Pradesh Limited has carried out a survey on the feasibility of the project recently and sent a report to the Centre for its consent and once the project gets its... Read more.. |
Piyush Goyal to seek soft loans for renewables from World BankPower Minister Piyush Goyal today said he will seek low-cost and long-term finance for clean energy projects in his meeting with World Bank chief Jim Yong Kim tomorrow. The meeting is significant against the backdrop of $250 billion funding requirements towards India's ambitious target of 175 GW power capacity addition from renewable sources by 2022 ... Read more.. |
NHPC to invest Rs 3,000 crore on solar, wind projectsState-run National Hydroelectric Power Corporation (NHPC) is planning to invest around Rs 3,000 crore over the next five years to set up solar and wind projects across the country. The company is looking at opportunities in states like Maharashtra, Andhra Pradesh, Kerala, Uttar Pradesh and Tamil Nadu, among others. ... Read more.. |
Global Installed Solar PV Capacity Will Surpass 756 GW By 2025, GlobalDataTotal installed solar PV capacity globally will surpass 756.1 GW by 2025, according to new projections published by GlobalData. According to GlobalData’s latest report, the global installed capacity of solar PV will increase from 271.4 GW in 2016 at a compound annual growth rate (CAGR) of 13.1% to 756.1 GW in 2025. This will represent a decline in growth from the CAGR of 50.1% seen during the 2006–2015... Read more.. |
ABB’s New Solar Inverter Increases Power Density 40%ABB has brought some good news for solar photovoltaic project developers who look to squeeze out additional revenue in an increasingly competitive market scenario. ABB has started shipping its latest PVS980 central inverter, which significantly increases the incoming power from the solar panels. The company also claims that developers will now have to use fewer inverters. ... Read more.. Date : Jun 29 Source: Clean Technica
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Renewable energy scheme gets state cabinet's approval in BiharThe state cabinet on Tuesday approved the proposal of energy department under Chief Minister's New and Renewable Energy Scheme for installation of 3,000 solar pumps and one kilowatt offgrid power plants on residential and commercial buildings. Principal secretary (cabinet secretariat) Brajesh Mehrotra said the cabinet OK'd a grant of Rs 114.53 crore to Bihar Renewable Energy Development Authority (BREDA) for... Read more.. |
US, Canada and Mexico joint pledge to source 50% of electricity from clean energy by 2025The US, Canada and Mexico are set to announce that 50% of North America’s electricity will come from clean power sources by 2025, at the ‘Three Amigos’ summit in Ottawa tomorrow. The White House has announced that Barack Obama, Justin Trudeau and Enrique Peña Nieto will commit to an “aggressive but achievable goal” to jump from the current collective clean power levels of about 37% to meet the new target.... Read more.. |
