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Sustainability Outlook Headlines
PE firms develop their own wind energy assetsIn an attempt to maximize returns on exits, private equity (PE) investors are steadily developing their own platform of wind power assets in India. Date : Feb 23 Source: Live Mint
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Nitin Gadkari’s innovative plans bring new energy to the roads sectorUnion minister Nitin Gadkari revealed some interesting ideas during his interaction with this newspaper, apart from welcome determination to get things done. The most important among his ideas is speeding up highway construction with oodles of extra-budgetary resources, and using renewable fuel in city transport to bring down pollution levels. Gadkari is also determined to substitute cement for bitumen in all future road building, replacing imports with local produce in the process. And he expects to offset the higher upfront costs of cement roads through scale economies in huge purchase... Read more.. Date : Feb 23 Source: Economic Times
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Wind industry’s pitch to India Inc: 18% IRRWind turbine manufacturers in India want to create a new market by enticing large companies to start wind power businesses. Their pitch to them: 18 per cent IRR. Date : Feb 23 Source: Business Line- The Hindu
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Biogas plants show way in waste managementHere is a lesson the Corporation of Chennai can learn from its own experiments with garbage management-small is efficient. The civic body had proposed several projects in the past for scientific closure of dumping yards in Kodungaiyur and Perungudi, but nothing has materialised so far. Meanwhile, small biogas generators set up in places like Koyambedu and Pulianthope are showing the way for efficient waste management. Neighbourhoods like Otteri, Velangadu, Vanagaram, MRC Nagar, Anna Nagar and Harrington Road are also likely to get biogas plants in the next few months. Date : Feb 23 Source: Times of India
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Ajmer railway station to run on solar energyAjmer, which is gearing-up to become a smart city, courtesy a joint Indo-US initiative, is also set to get Rajasthan its first railway station to run on solar energy. Ajmer division of North Western Railway has decided to meet the power demand from solar energy. A feasibility report of this project said that fixing solar cells will cost 1.16 crores to produce estimated 40 kilowatt power every year. Date : Feb 23 Source: Times of India
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Union Budget: Sowing sustainable agricultureIncreasing climate change threat and deteriorating soil and water health are posing serious challenge to Indian agriculture. With growing number of smallholders and their declining areas of operations, the problem becomes more complex for their viability. Therefore, future policies and resource allocation should focus on sustainable and resilient agriculture that enhances income of smallholders and reduces their risks. With the budget around the corner, the finance ministry may be allocating resources for various programmes in agriculture sector. Keeping in consideration other priorities... Read more.. Date : Feb 23 Source: Financial Express
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Inter-ministerial talks on climate change beginWith regard to the Paris climate conference, the environment ministry has started its inter-ministerial consultation, which would be on five essential pillars — climate finance, mitigation, adaptation, equity and innovation. The agenda will form the bedrock for the nationally determined contributions (INDCs), which India is likely to submit to the United States by June before the next round of climate change negotiations in Bonn, Germany. Date : Feb 23 Source: Hindustan Times
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Environmental loss in Sundarbans worth Rs 1290 cr: World BankEnvironmental damage in the climate change-hit islands of Sundarbans is costing India Rs 1,290 crore each year, estimates a latest World Bank report. Date : Feb 23 Source: Zee News
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Climate change to drastically reduce wheat cropIn the coming decades, at least one-quarter of the world's wheat production will be lost to extreme weather from climate change if no adaptive measures are taken, says a new collaborative study done by Indian American professor Vara Prasad. Wheat yields are projected to fall by six percent for each degree Celsius the temperature rises if no measures to adapt to extreme weather fluctuations are taken. Date : Feb 23 Source: Zee News
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Citigroup to set aside $100 bln to fund green initiativesCitigroup said it would set aside $100 billion to fund environmental projects over the next decade, doubling the amount it had earmarked for such projects in 2007. Citigroup said it would fund projects related to renewable energy, greenhouse gas reductions and sustainable transportation. Date : Feb 20 Source: CNBC
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#Budget2015: Infra dream hinges on faster clearances, fundingNine months after the new government assumed power at Centre, the sectors that promised to contribute their might to the 'Build India' story are awaiting the real kick. Date : Feb 20 Source: DNA India
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CII to Promote Green Designs Vijayawada Zone chairman VVM Krishna has underlined the need for and importance of green buildings. Saying that green buildings not only address ecological issues and concerns but will also significantly promote the health and well-being of the occupants. Date : Feb 20 Source: The New Indian Express
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Govt to ask Delhi to prepare master plan to check pollutionMany recent studies have earned Delhi the tag of being one of the most polluted cities in the world. A recent survey conducted by Greenpeace had found that the deadly PM2.5 levels in the national capital was 10 times higher than the safety limit prescribed by the World Health Organisation. Date : Feb 20 Source: Zee News
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ACME Group to invest Rs 600 crore in Punjab solar projectsRenewable energy player ACME Group on Thursday said it will invest Rs 600 crore to develop 74 MW of solar PV power projects in Punjab. Date : Feb 20 Source: Economic Times
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Decentralised renewables set for 70% annual growth in India, says Goldman SachsThe market for decentralised renewable energy in India could be worth more than US$150 million by 2018, while around 5 million residential solar systems are predicted to be sold in the country between last year and 2018, according to a new report. Date : Feb 20 Source: PV Tech
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NABARD plumps for solar pump systemsThe National Bank for Agriculture and Rural Development (NABARD), an implementing agency of the Ministry of New and Renewable Energy’s (MNRE) solar photovoltaic water pumping systems scheme, is involving all the stakeholders to encourage farmers to prefer solar systems for irrigation needs. Date : Feb 20 Source: The Hindu
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Green chemistry can give a boost to Swachh Bharat mission: CIIGreen chemistry, which aims to produce eco-friendly chemicals through sustainable means with minimal waste & optimum output, has the potential to give a big push to the Government’s Swachh Bharat mission and other sustainable development goals. “Several trends are combining to push green principles to the fore of business strategy – advances in biotechnology are bringing new scientific horizons within reach. At a national level, green chemistry has a role to play in making India globally competitive and execution of the Make in India and Swachh Bharat (Clean India) campaigns,” said... Read more.. Date : Feb 20 Source: Business Standard
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Garbage figures rake up some dirtIf one goes by the data with Nagpur Municipal Corporation's health department, the city has recorded a steep drop in generating garbage. The NMC collected 3.49 lakh tonne solid waste in 2014 as against 3.63 lakh tonne collected in 2013, the health department said in reply to a query under the RTI Act by Abhay Kolarkar. According to statistics provided by NMC, the per day lifting of garbage was 994 tonne in 2013 and in 2014 it has come down to 958 tonne per day.
In 2011, the city was generating around 825 tonne garbage a day and 3.01 lakh tonne annually, and the figure rose... Read more.. Date : Feb 20 Source: Times of India
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Grow veggies with waste waterFarmers on the outskirts of the city will get treated water for growing vegetables within two months, if everything goes according to plan. For, the much-awaited sewage treatment plant (STP), set up by the Hubballi-Dharwad Municipal Corporation at Gabbur, is finally ready to start functioning. Date : Feb 20 Source: Times of India
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Renewable Energy: Hype, unviable promises not good for the industryThe “commitments” made by a couple of hundred renewable energy companies for setting up 266,000 MW of solar and wind power projects over the next five years has created a wave of derisive sniggers in the industry. Date : Feb 19 Source: The Hindu
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‘Smart Grid’ to make Vijayawada energy efficientPower transmission and distribution in the capital region are poised for a higher degree of efficiency due to a slew of measures taken by the government. Date : Feb 19 Source: The Hindu
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Railways looks at ways to cut power billRailways is moving to buy electricity from state utilities and central generation companies through open tender as well as through inter-state trading with the aim of paring its power bill by nearly a third, top government sources said. Date : Feb 19 Source: Times of India
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Punjab signs MoUs worth Rs 13,500cr for renewable energyPunjab signed MoUs worth Rs 13,500 crore for investment in solar projects with American, British and Italian companies, besides setting up of five bio-ethanol refineries in Punjab, at the first Renewable Energy Global Investors Meet and Expo in Delhi on Monday. These were inked by Punjab's new and renewable energy minster Bikram Majithia. Date : Feb 19 Source: Times of India
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Biogas from Koyambedu market to fuel householdsThe wholesale market complex in Koyambedu which supplies fresh produce for the city will soon supply fuel to cook the produce. Date : Feb 19 Source: Times of India
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Suzlon: Auditors concerned over company's financial healthThe auditors of wind turbine maker Suzlon have expressed concern over the company's financial health as faces liquidity issues and is yet to make payments to its lenders and vendors. Date : Feb 19 Source: Business Standard
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