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Sustainability Outlook Headlines
Rubber dam for sustainable productionCheckdams are mainly used for soil and water conservation in watersheds. In India, several types of these are being used for regulating water supply in watersheds which in turn help in assured water supply to vegetation. Generally check dams are made up of cement base and are inelastic in nature. To give more flexibility in release and control of water flow across the streams, research efforts were made at the Directorate of Water Management, Bhubaneswar to fabricate rubber sheets instead of cement material. As a result, five rubber dams were installed at different locations... Read more.. Date : Jul 17 Source: The Hindu
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Power ministry, regulators contemplate ways to develop renewable energyElectricity regulators and power ministry are contemplating steps to make it mandatory for conventional power project developers to set up renewable energy plants in future, while distribution firms may have to purchase more clean energy, but regulatory authorities are concerned that this may hurt loss-making utilities. Power Minister Piyush Goyal said at a recent meeting with electricity regulators that the government wants to develop clean energy, and sought their suggestions for incentives for distribution utilities for better compliance of renewable power obligations. "... Read more.. Date : Jul 17 Source: Economic Times
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Delhi Considers ‘Rent-a-Roof’ Solar Power Program To Meet Rising Electricity DemandA solar rooftop policy mastered by Indian Prime Minister Narendra Modi in Gujarat during his tenure as Chief Minister is set to be replicated across the country, starting with the national capital Delhi. The aggressive expansion of this solar power program may help bridge the energy access gap and fulfill the government pledge to provide 24/7 electricity to all consumers. The New Delhi Municipal Council (NDMC) has come out with a detailed plan for generation of solar energy through roof-top installations. The plan aims to install roof-top solar panels on the 40 identified civic... Read more.. Date : Jul 16 Source: Clean Technica
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Government to take measures on usage of Bio-fuelsThe Indian Government will soon make some necessary legal changes that will help encourage the use of bio-fuels in India; these changes will comply with international standards further aiding the development of cars running on bio-fuel. Road Transport Minister Mr. Nitin Gadkari while addressing a seminar by the Non-Conventional Energy Cell said, “There is a requirement to make changes in the law and bring it at par with international standards which can enable us to permit cars that run on different fuels, especially bio-fuel." He further added."We will try to introduce the changes... Read more.. Date : Jul 16 Source: Car Dekho
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Inox Wind gets SEBI approval for IPOWind turbine maker Inox Wind Ltd, a part of $2 billion Inox Group, has got the approval for floating its initial public offer (IPO) from capital market regulator SEBI, becoming the first firm to get the green signal for a public float after the new government took over. Inox Wind had applied just over a year ago. This would be the Inox Group's third entity to get listed for which it will dilute only a minority stake in this public offer through a mix of offer for sale and fresh issue. Inox Wind has been providing wind power solutions since 2010 and is a subsidiary of listed... Read more.. Date : Jul 16 Source: VC Circle
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India Infrastructure Finance Company Ltd likely to fund acquisition of energy assets by Indian companies abroadThe government may allow India Infrastructure Finance Company Ltd (IIFCL) to finance acquisition of energy assets by Indian companies abroad. To fund such deals, the infrastructure financing firm's UK-based subsidiary may raise money through bonds. "There have been some preliminary discussions. We are evaluating the option," said a government official, requesting anonymity. IIFCL (UK) already has a $5-billion credit line from the Reserve Bank of India. The move is expected to help private sector companies explore energy assets abroad as they will be able to secure cheaper... Read more.. Date : Jul 16 Source: Economic Times
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Solar plant to power Chennai airportSolar power could soon drive Chennai airport. Airports Authority of India is planning a solar plant that will meet the airport's requirements and the surplus power supplied to the grid. The move is part of a plan to install solar power plants at 30 airports across the country and an MoU was signed between AAI and Solar Energy Corporation of India in May. The project is expected to generate a total of 50MW in the first phase. This will save on power bills and also reduce carbon emissions. The new terminals at Chennai airport eliminate the need for lights during the day but the... Read more.. Date : Jul 16 Source: Times of India
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Low Carbon Society Would Boost Global Economy by $2.6tn AnnuallyThe global economy could be boosted by a gargantuan $2.6tn each year if the world's governments became more energy efficient and reformed their nations' waste management and public transport, according to a World Bank report. The report, produced in association with philanthropic group ClimateWorks Foundation, said that cutting emissions and moving towards a more low carbon society would boost global economic output by 2.2% by 2030. "The report's findings show clearly that the right policy choices can deliver significant benefits to lives, jobs, crops, energy, and GDP – as... Read more.. Date : Jul 16 Source: IB Times
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MNRE in favour of restoring accelerated depreciation benefitsIndia’s ministry of new and renewable energy (MNRE) has taken up the issue of restoration of accelerated depreciation benefits with the finance ministry, said Piyush Goyal, India’s minister in charge of power, coal, and new and renewable energy, according to a statement after meeting the wind energy associations. The plan is to revive interest in the wind energy sector by reintroducing the tax and fiscal incentive that was removed. The reinstatement of accelerated depreciation benefits would reduce tax and strengthen cash flows. Under the earlier accelerated depreciation benefit that was... Read more.. Date : Jul 16 Source: Live Mint
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Nagpur Municipal Corporation loses Rs 254 crore for delaying JNNURM projectsThe Nagpur Municipal Corporation (NMC) has paid heavily for dilly-dally tactics. Due to inordinate delay on its part, the civic body has lost funds of 254 crore pending with the Centre for six projects sanctioned under Jawaharlal Nehru National Urban Renewal Mission (JNNURM). The ministry of urban development's JNNURM central sanctioning and monitoring committee has made it clear that no funds would be released for projects not completed before March 31, 2014. The committee headed by MoUD secretary Sudhir Krishna on June 5 held its first meeting since formation of the new... Read more.. Date : Jul 16 Source: Times of India
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SpiceJet Selects GE Aviation for Flight Efficiency ServicesJet engines, components and integrated systems provider GE Aviation on Tuesday said budget carrier SpiceJet has chosen its flight efficiency services (FES) to substantially reduce its annual fuel bill of $600 million (Rs. 3,600 crore at 1 dollar = 60 rupees). Under the pact, GE Aviation will provide flight data analytics and fuel management services to optimise SpiceJet's operational efficiency, which aims at substantially reducing airline's $600 million fuel bills, a release said here. Deliveries for the program will begin from later this month, the release said. Media baron... Read more.. Date : Jul 16 Source: NDTV Profit
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Sunil Hitech Engineers bags 5 MW solar project in MaharashtraUnder Jawaharlal Nehru National Solar Mission (JNNSM) Phase II Batch I Sunil Hitech Engineers announced that the Company has completed land acquisition of the 5-MW solar project in Maharashtra bagged under Jawaharlal Nehru National Solar Mission (JNNSM) Phase II Batch I on international bidding basis from Solar Energy Corporation of India (SECI) for 375 MW solar power project in open category. The Company is in final stages of financial closure. The project is expected to be completed by April 2015. The Company is also wait-listed for additional 15 MW to be awarded under the same... Read more.. Date : Jul 16 Source: Business Standard
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72% increase in venture capital funding in solar energy sectorDate : Jul 15 Source: Times of India
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Odisha govt. fails to collect Rs.9503 crore water cess in last five yearsDate : Jul 15 Source: WebIndia 123
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Nissan Leaf - Stylish Electric Car Coming Soon to IndiaNissan shot to fame in the Indian market with its affordable Micra hatchback that was launched a couple of years ago. The brand hit the bullseye once again with the Sunny sedan that boasted with the best in-cabin space in its segment. Nissan has been delivering cars in both petrol and a diesel alternative, but this time around, the carmaker has been reportedly planning to launch its internationally popular 'Leaf' electric car in India. Nissan Leaf - Stylish Electric Car Coming Soon to IndiaNissan Leaf - Stylish Electric Car Coming Soon to India Speaking more on the idea, Andy Palmer,... Read more.. Date : Jul 15 Source: Car Trade
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GSK investing $25M for Codexis manufacturing technologyDate : Jul 15 Source: Fierce Pharma Manufacturing
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Power usage beyond 300 units to now cost Rs 54 more with 7% rise in power ratesDate : Jul 15 Source: Economic Times
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Indosolar to double capacity as orderbook nears 0.5GWDate : Jul 15 Source: PV Tech
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Corporation proposes two biogas plantsDate : Jul 15 Source: Times of India
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Rajasthan govt scraps taxes on work book, biogas in Budget 2014-15Date : Jul 15 Source: One India News
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CERC rejects NTPC plea to revisit tariff normsIndia’s apex power sector regulator Central Electricity Regulatory Commission (CERC) on 30 June rejected state-run NTPC Ltd’s representation to revisit electricity tariff norms applicable during financial years 2015-19. NTPC, India’s largest power producer, had approached the Delhi high court to appeal CERC’s February order that revised the incentive structure for state-run power generation companies. The court had asked CERC to consider NTPC’s representation. CERC’s February order said incentives would be based on the plant load factor (PLF) metric and not plant availability factor (PAF... Read more.. Date : Jul 15 Source: Live Mint
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Andhra Pradesh: Stepping on the gasDate : Jul 15 Source: India Today
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Govt rejects study report on pollution level in IndiaDate : Jul 15 Source: Zee News
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Increase in clean energy cess on imported coal: Adani, GVK and Tatas to redraw foreign assetsIndian companies having coal mines abroad, such as Adani, Tata Power and GVK, will have to redraw their strategy. They are staring at increased costs, with the new Union Budget proposing to increase the clean energy cess on imported coal from Rs 50 a tonne to Rs 100 a tonne, and to raise the basic customs duty on bituminous coal to 2.5 per cent from the earlier two per cent. Adani and GVK have coal mines in Australia. Tata Power has one in Indonesia. All were planning to mine coal abroad and import it to India to fuel their power stations. Analysts now it will be... Read more.. Date : Jul 14 Source: Business Standard
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Anti-dumping duty on solar gear unlikely to reduce importsIn a setback to the government's bid to encourage domestic solar cell industry, solar power project developers have told the government that they would continue to import solar cells from different countries and would not source domestically, if an anti-dumping duty on solar gears is imposed. In May, the Directorate General of Anti-Dumping had recommended imposing high anti-dumping duty on solar imports coming from China, the US, Malaysia and Taiwan. To circumvent the anti-dumping duty, manufactures say they will now import from countries that don't attract the duty, such as Japan... Read more.. Date : Jul 14 Source: Sustainability Outlook
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