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Sustainability Outlook Headlines
Government planning to vet power usage pattern & charge more for consumption during peak hoursUsing the washing machine at night may help you save on your electricity bill. The government plans to introduce a time-of-day power tariff structure for residential customers, where peak-hour prices will be costlier than non-peak rates, after getting data on supply and consumption of electricity, coal, petroleum and renewable energy. Date : Apr 14 Source: Economic Times
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Australia assures India full technological support to clean GangaAustralia Monday assured India that it would extend full technological support for the ambitious project to cleanse the Ganga, saying measures like controlling effluent discharge could be used to clean the river. Date : Apr 14 Source: Zee News
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UP districts with high power theft may get less powerYou may soon be getting less power supply if your district has high power theft. In a move that is set to generate much heat, the UP Electricity Regulatory Commission (UPERC) has mooted an idea to link power supply with the line losses. This means, the districts which register more line and commercial losses (power theft and less metering) would accordingly get lesser supply. Noida, which registers lowest line loss — around 8% — would thus be at an advantage in terms of power supply than any other district of the state. Date : Apr 14 Source: Economic Times
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Government aims to generate 1 lakh mega watt of solar power by 2022: Piyush GoyalThe Union power ministry will fast-track solar and thermal projects in Northeast India where big hydroelectric projects are caught in a logjam. To start with, a 40 MW of solar unit will be set up in Assam, Piyush Goyal, Union minister for power, coal, and new and renewable energy, said on Friday. The minister, in Guwahati to attend a meeting of state power ministers, said he discussed the matter with Assam Chief Minister Tarun Gogoi. Date : Apr 13 Source: Economic Times
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India plans push for green bondsThe government has approached at least eight lenders, including Rural Electrification Corp. Ltd (REC), to raise low-cost and long-term funds to help finance India’s plan to quadruple its renewable energy production, while also aiming to make it economically viable for debt-laden distribution companies to buy clean power. Date : Apr 13 Source: Live Mint
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EV trend in Asia: Electric three wheelers finding more users than electric carsIn Asia, there is interesting trend of growth of electric three wheelers in countries such as India and Philippines. In India the electric three wheelers called e-rickshaws are increasingly used in cities such as Delhi. Government in India is also providing new regulations for e-rickshaws. In Philippines the two wheeled motorbike is altered/fitted with a side-car (see the picture below) which is called in local lingo as trike. Date : Apr 13 Source: EE Herald
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Centre committed to cleaning all rivers: JavadekarUnion Environment Minister Prakash Javadekar Sunday said the Centre was committed to cleaning the country's rivers on the lines of project on Ganga taken up by Prime Minister Narendra Modi. "Prime Minister Narendra Modi took up the initiative of cleaning Ganga and now, under his leadership, we will clean all the rivers in the country," said the Minister, who inaugurated Sajjangarh Biological Park built here at a cost of Rs 22 crore. Date : Apr 13 Source: Zee News
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MIT solar flair will provide impetus to rural KarnatakaUS-based Massachusetts Institute of Technology (MIT) and Selco Foundation in Bengaluru are sowing the seeds for large-scale rural solar electrification in Karnataka and Tamil Nadu. The aim is to pepper rural landscapes with well-placed 10-50 kW solar power micro-grids to directly supply uninterrupted power supply at minimal cost to small clusters of houses in villages. Date : Apr 13 Source: Bangalore Mirror
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Garbage disposal finds no takers for CSR“Everyone is saying Clean India, Clean India, but why are we not asking where will the garbage collected go?” asks Bindeshwar Pathak, founder of Sulabh International Social Services organization, pioneers of building public toilets. Date : Apr 13 Source: Live Mint
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Green sub station to power Faridabad Metro corridorThe upcoming Badarpur-Faridabad corridor of Delhi Metro would be powered by a Green Sub-station as the Delhi Metro Rail Corporation has constructed a host of eco-friendly features at Faridabad including its first ever ‘green’ electrical Receiving Sub-station (RSS). Date : Apr 13 Source: The Hindu
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State Plans Solid Waste Facilities in 2,000 VillagesThe State government has decided to establish Solid Waste Management System with recycling and waste disposal facilities in 2,000 village panchayats. To be implemented as a pilot project, the villages would be selected from across Tamil Nadu on the basis of certain prescribed norms. A sum of Rs 110 crore would be spent for establishing the facilities. Date : Apr 13 Source: The New Indian Express
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Assam to provide 120 ha for solar power unitThe government of the Indian state of Assam is to provide about 120 ha for the installation of a solar power facility. Piyush Goyal, the Union minister of state for power, said the state was taking the initiative in keeping with the central government’s thrust to build the nation’s clean energy capacity. Date : Apr 13 Source: Green Tech Lead
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Govt drafts new waste management normsIn order to implement waste management policies effectively, the environment ministry has come out with four separate draft rules for managing municipal solid waste, e-waste (computers, mobiles or other electronic/electrical gadgets), plastic waste and medical waste and sought opinion of public\experts\stakeholders within 60 days before fine-tuning and notifying those rules for implementation across the country. Date : Apr 13 Source: Times of India
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Can GIFT City be India’s Hong Kong?This Friday, all roads will lead to Gujarat International Finance Tec-City Co. Ltd, also known as GIFT City. Finance minister Arun Jaitley will unveil rules for international financial services centres (IFSCs) at Gandhinagar on 10 April. He will be accompanied by financial regulators and top bureaucrats. Date : Apr 10 Source: Live Mint
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Inox Wind’s shares surge nearly 35% on trading debutShares of wind turbine manufacturer Inox Wind Ltd closed nearly 35% above issue price on Thursday on its first day as a public company. Inox Wind, which opened at Rs.400 against the issue price of Rs.325, gained as much as 37.78% to touch Rs.447.80 before closing at Rs.438, up 34.77% from its issue price. Date : Apr 10 Source: Live Mint
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Electric, Hybrid Vehicles to Get Cheaper in India; Govt Announces IncentivesIn a bid to promote green cars in India, the government recently launched the Fame India scheme- 'Faster Adoption and Manufacturing of Hybrid and Electric vehicles in India' - as a part of the National Electric Mobility Mission Plan. Under the scheme, the government has announced to offer incentives on hybrid and electric vehicles up to Rs. 29,000 for two-wheelers and Rs. 1.38 lakh for cars. The government will spend Rs. 795 crore in the first two fiscal years under this scheme. Date : Apr 10 Source: NDTV
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Japan to pledge 20% greenhouse gas cut: ReportJapan will promise to cut its greenhouse gas emissions by 20 percent from 2013 levels ahead of a global summit on climate change this year, a report said today, despite uncertainty over post-Fukushima energy policy. The government will likely announce the new target at the Group of Seven (G7) summit in June in Germany, the leading business daily Nikkei reported, citing unnamed government sources. Date : Apr 10 Source: Zee News
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Clean Energy Access Network aims to provide energy access to 300 mn people(CLEAN), formed by Twelve key stakeholders in the decentralised energy access sector, is aiming to expand access to affordable and reliable energy solutions for India’s ‘last mile’ - which includes over 300 million people who have not been reached by the national grid and do not have access to electricity. Date : Apr 10 Source: Business Standard
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HSBC downgrades India's Suzlon EnergyHSBC downgrades Suzlon Energy to "hold" from "overweight". Potential large foreign currency bonds conversion, 35% of FY15 equity, will likely restrict near-term stock price upside, says HSBC. According to Thomson Reuters Eikon datat, stock had 2 buy ratings only. Suzlon rose 2.5% on Thursday on rival Inox Wind's and Nomura recently started coverage on the stock with a "buy" rating and a target price of Rs. 38 rupees. Date : Apr 10 Source: Business Line- The Hindu
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Smart window harvests energy from wind and rainWeather could power the next generation of smart windows. A team of researchers working at the Georgia Institute of Technology have created glass that tints by harvesting energy from wind and rain. They have published a description of their work and the glass they have produced in their paper published in ACS Nano. Date : Apr 10 Source: Energy Harvesting Journal
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NITI Aayog making a blueprint to tackle India’s energy woesIndia has started work on a plan to ensure energy security that’s being shaped by a group at the newly established NITI Aayog think tank, energy minister Piyush Goyal said on Tuesday. Date : Apr 10 Source: Live Mint
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How SEWA brings access to energy across IndiaIn India, a lack of electricity can mean sundown equals shutdown – lost productivity and vital income. Now a grass-roots trade group, SEWA, is helping with solar LED lanterns and clean cooking stoves. “Till now we always lived in darkness. Now I have a solar lantern, it has brought brightness and light to us. Our hearts and minds are now bright. We see hope in the future.” – Fulaba, a weaver from the village of Khombhali in the Kutch deserts of North Gujarat, India. Date : Apr 10 Source: CS Monitor
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Asia’s investment bank: a new chapter in sustainable developmentRecent news that the United Kingdom and other Western European countries will join the China-led Asian Infrastructure Investment Bank (AIIB) has prompted a flurry of discussion about how the United States, which has been reserved about the new institution, should respond. The Chinese-led AIIB is a new international financial institution (IFI) that will finance infrastructure projects in Asia. Date : Apr 10 Source: Eco- Business
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France backs India’s stand on climate in pre-2020 periodIndia's demand for a global agreement that will address intensified efforts to tackle climate change between 2015 and 2020 has not gone unheard. Acknowledging the merit of the demand, France, which is hosting the crucial UNsponsored climate negotiations in December, is working towards a global compact that focuses on tackling climate change in the pre-2020 period. Date : Apr 9 Source: Economic Times
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Deciphering PM Narendra Modi's climate change gambitPrime Minister Modi raised the matter first at the United Nations last year, then when US President Obama visited India, and a third time on Monday this week at the state environment ministers' meeting. The first time the mention was tangential, the second a bit more specific, and the third time he did not mince words. Partly angered by the denial of nuclear fuel to India, Modi said developed countries have no business to lecture India on climate change. On the other hand, India has the ability to guide the rest of the world on how to tackle climate change. Date : Apr 9 Source: Economic Times
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