You are here
Sustainability Outlook Headlines
Market pricing of gas and coal denationalisation are essential steps for IndiaThe Union cabinet will further review gas prices and no immediate change is in the offing. While a calibration in the Rangarajan formula to work out natural gas prices that would make it cheaper initially is needed, creating an environment for eventual market-based pricing of natural gas must remain at the heart of policy. This makes sense as we are in the midst of eventful changes in the global energy sector at a moment when India needs energy security to kick-start industrial growth. Commercial exploitation of gas from shale... Read more.. |
TTK Prestige taps water purifier bizAiming to become a total kitchen solutions brand, Bangalore-based TTK Prestige has entered into the water purifier category in partnership with Swiss firm Lifestraw SA. TTK Prestige said it will use its existing distribution network besides own retail chain, Prestige Smart Kitchens, to penetrate into the category largely dominated by direct sales. “Water purifier is a highly under-penetrated category. We wanted to enter as it will give us a total portfolio in the kitchen space,” said Chandru Kalro, CEO of TTK Prestige. The company has presence in categories such as... Read more.. Date : Jun 27 Source: Business Line
|
Japan, ADB Announce Fund to Promote Low-Carbon Technologies in AsiaThe Asian Development Bank (ADB) announced today the establishment of a new trust fund to support the adoption of advanced low-carbon technologies in its developing member countries (DMCs), with a grant of 1.8 billion (about $17.65 million) from the Government of Japan. The Minister of the Environment of Japan Nobuteru Ishihara and ADB President Takehiko Nakao signed a Letter of Intent for Cooperation on Environmental Issues, which will include cooperation for effective implementation of the Japan Fund for the Joint Crediting Mechanism (JFJCM). The establishment of the JFJCM... Read more.. Date : Jun 26 Source: Business Standard
|
Doctors lack tools to discuss toxic exposures with pregnant patients: surveyObstetricians recognize that exposure to chemicals and metals can affect a pregnancy, but said in a new survey that they face barriers to counseling patients about environmental hazards. The first of its kind study found that U.S. obstetricians and gynecologists feel they lack the medical education and training, evidence-based guidelines and tools for communicating potential environmental risks to patients. “The main barrier is something the doctors in our focus groups called ‘Pandora's Box’,” Dr. Naomi Stotland, who led the study, told Reuters Health in an email. “... Read more.. Date : Jun 26 Source: Reuters
|
Now, 'cheap' water-based organic battery that's eco-friendly tooResearchers have developed a water-based organic battery that is long lasting, built from cheap, eco-friendly components. The new battery - which uses no metals or toxic materials - is intended for use in power plants, where it can make the energy grid more resilient and efficient by creating a large-scale means to store energy for use as needed. Sri Narayan, professor of chemistry at the USC Dornsife College of Letters, Arts and Sciences and corresponding author of the paper, said the batteries last for about 5,000 recharge cycles, giving them an estimated 15-year lifespan... Read more.. Date : Jun 26 Source: Zee News India
|
Subsidy Phase-Out and Reform Catalyst BondsCurrent levels of public and private investment cover only a fraction of what is needed to decarbonize the economy, expand energy access, and adapt to unavoidable climatic changes. Yet, perversely, countries spend more on fossil-fuel subsidies that drive climate change than they spend trying to combat it. The scale of these subsidies is vast. Worldwide, countries provide some $480 billion to $630 billion every year in fossil-fuel consumption subsidies, and more than $100 billion every year in production subsidies. According to the... Read more.. |
MLAs propose energy standing committeeClimate Parliament, global network of legislators working to combat climate change has initiated Karnataka speaker and MLAs to constitute a standing committee on energy and power. Dinesh Gundu Rao, minister of food and civil supplies, who is also the chairperson of Climate Parliament Karnataka chapter along with 10 other MLAs requested the speaker of the assembly Kodagu Thimappa to begin the process of forming this committee on Tuesday. Until now, the state did not have a standing committee on energy. The network believes that if the committee is formed, it would help the elected... Read more.. Date : Jun 26 Source: Times of India
|
India's Energy Import Bill Could Shoot Up To $230B By 2023, Up From CurrentIn less than a decade, India could spend almost twice as much on energy imports as it does now, the Press Trust of India, or PTI, reported, citing a report from Goldman Sachs (NYSE:GS). According to the report, India could spend $230 billion on energy imports in 2023, up from its current annual bill of $120 billion. While India is expected to attract huge investments from within and abroad, drawn in by reforms expected from the new government led by Narendra Modi, the country faces a major challenge in matching growing demand with... Read more.. |
Welspun Renewables Energy gets another investment from ADBBusiness Styandard reported that within 2 months of General Electric's USD 24 million investment in Welspun Renewables Energy’s 151 MW solar project at Neemuch in Madhya Pradesh, the Asian Development Bank has invested part of a USD 50 million committed equity capital in the renewable energy unit of the Welspun Group. Welspun Renewables Energy, which has interest in solar and wind power projects, plans to add at least 200 MW of solar power projects and 100 MW of wind power projects by March 2016. ... Read more.. |
Grid-connected rooftop solar system to come up in KolkataTogether with the UK government, the West Bengal department of power and Kolkata Municipal Corporation are working on developing a grid-connected rooftop solar system. "Over the next few months, we will be working with the West Bengal government and supporting Ashden India Renewable Energy Collective to help develop an affordable rooftop solar scheme through which Kolkatans will be able to reduce their power bills and greenhouse gas emission of the city," Scott Furssedonn-Wood, British Deputy High Commissioner to Eastern India said at a programme here today. Under this... Read more.. Date : Jun 25 Source: Economic Times
|
Astonfield and Solesa Partner to Deliver Industrial Solar Power Solutions for Businesses in IndiaAstonfield Renewables, a leading solar independent power producer across India, and Solesa, an international engineering and project management leader in commercial and industrial solar projects, announced today a strategic partnership to deliver solar power solutions to industrial businesses with a focus on combatting rising energy costs in India. The partnership also announced the commissioning of its first project in the state of Tamil Nadu – a 100 kW ground-mounted solar-diesel hybrid system for Indo Shell Cast Pvt. Ltd., a leading iron manufacturer for motorcycle, automotive and... Read more.. Date : Jun 25 Source: Money Life
|
Investments in infrastructure pushing demand for PVCGlobally, plastics industry is one of the leading contributors to economic growth. In spite of recession and long-term consolidation trend, the plastics industry has been one of largest and fastest-growing industry sectors of the economy. In the second half of the 20th century, plastics emerged as one of the most universally-used and multipurpose materials in the global economy. The plastics industry is the third largest manufacturing industry in the US, contributing significantly to the nation's economy. In Europe, plastics... Read more.. |
Climate policies could lift global GDP by $2.6 trillion/yearGlobal economic output could rise by as much as an additional $2.6 trillion a year, or 2.2 percent, by 2030 if government policies improve energy efficiency, waste management and public transport, according to a World Bank report released on Tuesday. The report, produced with philanthropic group ClimateWorks Foundation, analysed the benefits of ambitious policies to cut emissions from transport, industrial and building sectors as well as from waste and cooking fuels in Brazil, China, India, Mexico, the United States and the European Union. It found a shift to low-carbon... Read more.. Date : Jun 25
|
Vikram Solar joins hands with Dubai’s Unidaan to supply solar productsKolkata-based Vikram Solar has entered into a distributorship agreement with Dubai-based Unidaan FZ LLC to supply solar products and services in the Middle East and North Africa or MENA region. The two companies will work hand in hand to further foster the development of EPC (engineering, procurement and construction) and solar business in the MENA region, Vikram Solar said in a release. The company specialises in manufacture of photovoltaic solar modules and EPC contracts for solar power plants. "In line with our aim to deliver uncompromising value to our customers across... Read more.. Date : Jun 25 Source: Economic Times
|
Target set for producing 1,000 MW of solar powerMinister for Energy D.K. Shivakumar on Tuesday said that the government had set a target of producing 1,000 MW of solar power. Tenders had been invited to set up solar plants with total capacity of 500 MW. Replying to C.H. Vijayashankar and Kota Srinivas Poojari (both of the BJP) in the Legislative Council, the Minister said the government was committed to promoting solar energy in a big way, thanks to the Solar Policy–2014 announced recently. The government planned to encourage households and entrepreneurs to generate solar power by installing solar units on rooftops, he said.... Read more.. Date : Jun 25 Source: The Hindu
|
Japan bets big on making fuel-cell cars a near-future realityJapan's government and top carmakers, including Toyota Motor Corp, are joining forces to bet big that they can speed up the arrival of the fuel cell era: a still costly and complex technology that uses hydrogen as fuel and could virtually end the problem of automotive pollution. Prime Minister Shinzo Abe's growth strategy, announced on Tuesday, included a call for subsidies and tax breaks for buyers of fuel cell vehicles, relaxed curbs on hydrogen fuel stations and other steps under a road map to promote hydrogen energy.... Read more.. Date : Jun 25 Source: Reuters India
|
M&S Plan A sustainability scheme goes globalMarks & Spencer has announced it will be extending its Plan A sustainability programme across its international operations. The scheme, now called Plan A 2020, will include new targets around worldwide sourcing principles around issues such as human rights and gender equality, ethical assessments of UK property suppliers, and establishing a “Global Community Programme” to “benefit people in the key regions of the world where M&S products are sourced”. In a report the company also said it... Read more.. |
Big brands flouting e-waste norms in Delhi , finds studyLeading multi-national electronic and electrical equipment manufacturing companies are among the worst offenders when it comes to generation and disposal of electronic waste (e-waste) in the country, a latest study by Toxics Link has revealed. And with the huge amount of e-waste that Delhi produces, compounded by the abysmal management and disposal of such material, the Capital is at a high risk. The study found 16 of the 50 leading companies (31 multinational and 19 national) to be wanting in their role on e-waste management and fared very poorly in the ratings developed by... Read more.. Date : Jun 25 Source: India Today
|
Kinetic announces a joint venture to enter the solar energy marketThe Kinetic Group has set up a new company, Kinetic Ikaros Solar, to tap into the rapidly growing solar energy market. This will be a joint venture with Ikaros, a Belgian photovoltaic company which set up operations in India last year. Kinetic will have a 25% stake in the company and Ikaros 51% with the balance 24% held by Intelex Electronics, a power electronics solutions company. Sulajja Firodia Motwani, vice-chairperson, Kinetic EngineeringBSE 1.27 % said, "There is a compelling case for India to use solar power, especially in industry. Ikaros is an end-to-end player and... Read more.. Date : Jun 25 Source: Economic Times
|
Mega solar project in Purulia, West BengalThe state government has placed a proposal to the Centre for setting up a 250MW solar power project near the Purulia Pumping Storage Project (PPSP) at Baghmundi for an estimated cost of Rs 1,700 crore. This will be the world's biggest solar power project if the state government can sort out the issues of land availability and funds and gets the nod from the ministry of new and renewable energy. Power minister Manish Gupta spoke about the plan at a national seminar organized on Tuesday by Ashden India Renewable Energy Collective—a group of Indian Ashden award winners headed... Read more.. Date : Jun 25 Source: Times of India
|
Suzlon Regains Top Position in India Wind-Turbine MarketSuzlon Energy Ltd. (SUEL) regained its position as India’s top wind-turbine supplier from Wind World (India) Ltd. as agreements to reschedule its debt allowed it to complete orders in a resurgent market. The Pune-based company installed 403 megawatts of turbines out of an industry total of 2,055 megawatts in the year ended March 31, according to data compiled by the Indian Wind Turbine Manufacturers’ Association and obtained by Bloomberg News. IWTMA Secretary-General D.V. Giri verified the figures. Spain’s Gamesa Corp Tecnologica SA (GAM) climbed four spots to No. 2 with 396... Read more.. Date : Jun 25 Source: Bloomberg
|
MCC to pay the penalty for water pollutionThe Karnataka State Consumer Disputes Redressal Commission has upheld an order directing the City Corporation and the Karnataka State Pollution Control Board to pay damages of Rs. 5,000 to each of 35 families here for their failure to prevent pollution of their well waters. The Dakshina Kannada District Consumer Disputes Redrassal Forum had, in Junuary 2013, asked the two bodies stop seepage of sewage water into wells. It had warned that failure to rectify the problem within a month would attract additional daily penalty of Rs. 50 each. They were asked to pay Rs. 5,000 as cost of... Read more.. Date : Jun 25 Source: The Hindu
|
Power Grid okays over Rs 5.5k crore investments in 4 yearsCentral transmission utility Power Grid CorporationBSE 0.99 % today approved investments of Rs 5,500 crore for upgrading networks in about 4 years. "Board of Directors of the Company approved strengthening the transmission corridor for independent power producers in Chhattisgarh at an estimated cost of Rs 5,151.37 crore," Power Grid Corporation informed the stock exchanges. The commissioning schedule of the transmission project is 45 months from the date of investment approval, it said. The board also approved investment for upgradation of the transmission system... Read more.. Date : Jun 24 Source: Economic Times
|
Rs 272 crore water project gets rollingIndia is about to launch the largest bidding of solar power projects worth 1,500 MW under its flagship Jawaharlal Nehru National Solar Mission (JNNSM). In what the government officials claim is the first success story of converging the three energy ministries vis-a-vis coal, power and renewable energy, solar power would be bundled with conventional power at such a huge scale in one go. The bidding, which is a part of second batch of the phase 2 of JNNSM, aims to achieve a capacity addition of 10,000 MW by 2017. The government tendered 750 MW of solar power projects in January this... Read more.. Date : Jun 24 Source: Times of India
|
K.R. Market to be illuminated from its own wasteOne of the oldest markets in the city, K. R. Market, will now be lit up through electricity generated from waste generated within the market. About 100 bulbs in the market premises will be powered by the electricity generated from the bio-methanation plant, which was inaugurated on Monday. Mayor B.S. Sathyanarayana said that the plant, which converts bio-degradable waste into energy, would process five tonnes of wet waste per day to generate electricity that could light up 100 bulbs in the market premises. It would also require 5000 litres of water per day. “The... Read more.. Date : Jun 24 Source: The Hindu
|