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Sustainability Outlook Headlines
All eyes on Inox Wind listing todayShares of Inox Wind will list on the bourses on Thursday. The response to the stock on Day One of trading could influence three other stocks. Gujarat Fluorochemicals owns 75 per cent stake in Inox Wind and the IPO could unlock value for investors in Gujarat Fluro. Inox Leisure is the other publicly held company of the group. A strong response to the Inox Wind stock will charge up Suzlon, which too is in the same business segment. The issue price was fixed at Rs. 325 a share. Date : Apr 9 Source: Business Line- The Hindu
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Ban on plastic packaging: NGT grants stakeholders more timeThe National Green Tribunal, which is mulling ban on plastic packaging of products including PET bottles, Wednesday granted more time to various stakeholders to file their submissions on the proposal. A bench headed by NGT Chairperson Justice Swantanter Kumar granted last opportunity to various plastic manufacturing units and other parties to file their written submissions in the matter so that there contentions can also be taken into account. Date : Apr 9 Source: Zee News
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Boost for KSEB's solar 'grid' projectIn a boost to Kerala State Electricity Board's (KSEB) initiative to harness solar power, the board connected the solar plant of a consumer to its grid in Thoppumpady. This is for the first time in the district that KSEB is drawing solar power for its grid. Date : Apr 9 Source: Times of India
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NTPC aims to install 5,000 megawatt of solar power capacity in two yearsNTPC, India's biggest power generator, aims to set up 5,000 mw solar capacity in the next two years. This is a third of its target of installing 15,000 mw over the next seven years and spells an over fiftyfold jump from the current solar capacity. Date : Apr 9 Source: Economic Times
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European car charging solution provider, is planning to invest Rs 1,000 crores in India.New Motion, a Dutch tech company specializing in charging solutions for electric vehicles, plans investments to the tune of INR 1,000 crores. While charging a car with a regular power socket can be carried out in 6 to 7 hours, this is possible in just 15-30 minutes via the New Motion smart chargers. Date : Apr 9 Source: Rush Lane
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Global green energy investments surge 17% to $270 B in 2014Global investments in renewable energy rebounded strongly last year, registering a solid 17% increase to $270 Billion in 2014 after two years of declines and brushing aside the challenge from sharply lower crude oil prices. Date : Apr 9 Source: Renewable Energy Focus
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Why India Won't Follow in China's Environmental FootstepsIndia has replaced China as the country with the largest number of cities in the world’s top 20 most polluted (in terms of air quality). That announcement has prompted a number of articles comparing the two countries and suggesting that India should learn from China — from both its past mistakes and its path forward. Certainly, there are some obvious similarities. An article in the Khaleej Times notes a litany of Indian environmental challenges that could easily have been lifted from an article on China: tap water that is not potable, massive mounds of plastic in landfills, and a... Read more.. Date : Apr 9 Source: The Diplomat
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CAG report slams Bihar State Pollution Control BoardThe CAG has slammed the Bihar State Pollution Control Board (BSPCB) for neither conducting any survey to identify the polluting industries in the state, nor maintaining any such inventory for planning purposes. Date : Apr 9 Source: Times of India
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States, Centre agree on tighter green regime; proposal to classify industries based on pollution levelsSeeking to introduce a new green regime which may serve its twin objectives of environment protection and economic growth, the government on Tuesday took states on board for initiating a number of measures including re-categorization of polluting industries, tightening norms for recycle of waste water by industries and management of wastes like plastic, medical and ewaste in a strictly regulated manner. Date : Apr 8 Source: Economic Times
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NGT orders ban on all diesel vehicles over 10 years old in DelhiA day after Prime Minister Narendra Modi launched the composite colour coded National Air Quality Index to ensure that people were better informed about the quality of air on a real time basis, the National Green Tribunal ordered that all diesel-powered vehicles that were more than 10 years old would not be be permitted to ply in Delhi. Date : Apr 8 Source: Economic Times
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Rules for waste management framed by govt, public suggestion invitedThe government has framed rules for waste management and has put them on the Environment Ministry's website to invite public suggestions before giving it a final shape, Union Environment Prakash Javadekar said Tuesday. Date : Apr 8 Source: Zee News
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RBI moves to liberalize bond marketsThe Reserve Bank of India (RBI) on Tuesday said it would allow companies to sell rupee-denominated bonds overseas and at the same time pushed for greater retail participation in the domestic government bond market. Both decisions, part of RBI’s attempts to liberalize and deepen the financial markets, were announced as part of the monetary policy statement. Date : Apr 8 Source: Live Mint
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Solar power cost to come down to Rs 4.50/unit by DecCentre is working on innovative measures which will help in cutting down the cost of solar power by 25-35 per cent to Rs 4.50 per unit by December 2015. "You will see solar power in this country at Rs 4.5 per unit," Power, Coal and New and Renewable Energy Minister Piyush Goyal said at a CII event here. Date : Apr 8 Source: Business Standard
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Andhra Pradesh to add 1.3 GW of wind, solar in FY 2015/16India’s Andhra Pradesh state expects to install more than 1,300 MW of wind and solar power facilities in the fiscal year through March 2016, energy secretary Ajay Jain said Monday. Date : Apr 8 Source: See News
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Asian Solar, European Offshore Wind Drives 2014 Renewable GrowthNear-record investment produces more bang for the buck. Investment in renewable energy grew 17 percent in 2014 to $270 billion, just 3 percent below the all-time record of nearly $279 billion in 2011, according to a new report from the United Nations Environment Program and Bloomberg New Energy Finance.
The spending last year yielded 103 gigawatts of capacity, compared to about 80 gigawatts in 2011... Read more.. Date : Apr 8 Source: The Energy Collective
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Water deficit spurs French to target IndiaEurope’s top water management companies are seeking to expand in India as farmers, industry and urban residents compete for increasingly scant supplies. Date : Apr 8 Source: My Digital FC
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Corporate carbon offset buyers dispel greenwashing mythsA new report dispels the myth that companies purchase carbon offsets to “buy their way out” of taking responsibility for their contributions to climate change. Rather, companies that include offset purchases as part of their carbon management strategies are more environmentally proactive than their non-offsetting counterparts, the report found. Date : Apr 8 Source: World Cement
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List of 100 Smart Cities expected by April-end: Venkaiah NaiduThe union urban development ministry will finalise the list of 100 smart cities across the country by the end of this month, said minister Venkaiah Naidu. The list is likely to be sent to the cabinet next month. Date : Apr 7 Source: Economic Times
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Smart cities may be developed around Kandla and Paradip portsKandla and Paradip, home to two major port trusts, are going to join the 'smart cities' bandwagon as the shipping ministry wants to kick-start development of smart cities around major ports with the two cities on the basis of the land banks of its ports. The government plans to develop port-led industry and townships along with green initiatives like wind and solar energy parks around the ports, a senior government official said. Date : Apr 7 Source: Economic Times
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Realtors bet on green building concept in BangaloreBuilders in Bengaluru are poised to take forward the green building concept. A target of 300 buildings a year is part of the vision of Bengaluru’s builders who are members of the Confederation of Real Estate Developers Association of India (Credai), a body that wants to increase the green footprint in the city. Date : Apr 7 Source: Deccan Herald
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India turns back clock to save water, as climate concerns mountSchool textbooks in India have been telling children for generations that Rajasthan is an inhospitable state in the northwest of the country, constrained by the hot, hostile sands of the Thar Desert. But the driest state in India has a softer, humane face as well – that of Rajendra Singh, known as the “Water Man of India”, whose untiring efforts in water conservation in arid Rajasthan have led to him being awarded the Stockholm Water Prize, commonly referred to as the Nobel Prize for Water. Date : Apr 7 Source: RTCC
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Can Delhi Metro Provide The Next Big Breakthrough In Generating Wind Energy?One day, a group of students from Kalindi College in Delhi were waiting for their next metro train in an underground station. As soon as the train comes in or leave, a heavy gust of wind blows out, which made these students think hard: Can this wind be used to generate energy? Date : Apr 7 Source: Trak.in
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Toshiba Reinforces Initiatives Toward a Hydrogen Economy -Opens Hydrogen Energy Research & Development Center at Fuchu ComplexToshiba Corporation (TOKYO:6502) today announced the opening of the Toshiba Group Hydrogen Energy Research & Development Center (HRDC) at its Fuchu Complex in western Tokyo. The new Center will concentrate Group-wide initiatives to realize a hydrogen economy, and will drive forward the development and demonstration of solutions integrating hydrogen-related energy technologies. Toshiba Group aims to increase the sales of hydrogen-related business to 100 billion yen by 2020. Date : Apr 7 Source: Businesswire India
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Carbon Clean Solutions Plans To Raise FundsCarbon Clean Solutions, which helps small companies to deal with CO2 emissions at half of their cost, is planning to raise second round of funding worth $10 Mn to fund its expansion plans. Date : Apr 7 Source: Deal Curry
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Mytrah Energy: The unknown innovatorIn three decades of stock picking, I have rarely come across a company as exciting as Hyderabad-based Mytrah Energy Limited, notes Mudar Patherya. Date : Apr 7 Source: Rediff
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