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Sustainability Outlook Headlines
JNNURM approves project reports of Rs 95 crore for water network in SuratIn what could be considered as their last meeting before the present term of central government comes to an end Jawaharlal Nehru National Urban Renewable mission (JNNURM) has approved detailed project reports (DPR) worth Rs 95 crore for setting up water networks in old and new city areas of Surat. Not only new DPR for water network was approved but also final portion of grant money allotted for BRTS network in the city amounting to Rs 58.62 crore was also paid up by JNNURM. Under the new DPR,... Read more.. |
Experts seek use of new carbon trapping techniques - IANSIANS... Read more.. Date : Feb 16 Source: IANS
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In Venture Capital, Sustainability Is the New BuzzwordInvestors who have shied away from cleantech companies for the past two years haven't lost interest, they're broadening their scope into more areas of sustainability, according to a report by Cleantech IQ. "The definition of ‘cleantech' has expanded greatly. There is still some perception that when you talk about cleantech, you're talking about a technology risk on solar, wind, and biomass," Craig Metrick, leader of Mercer's US Responsible Investment Practice, told Cleantech IQ. While venture... Read more.. |
Toshiba says to invest $500 mln in India businesses over 5 yearsToshiba Corp. plans to invest $500 million in India by 2017 and create 5,000 jobs, said Toshiba’s president and chief executive officer, Hisao Tanaka. Tanaka, who is on his first visit to India, told reporters in New Delhi that the Japanese firm, which is present across energy, infrastructure and water businesses, is targeting sales of $3 billion from the country by 2017. This comes in the backdrop of overseas investors awaiting the general elections’ outcome before firming up their investment... Read more.. |
BRIEF-India's Suzlon Energy Dec qtr net loss at $172 mlnIndia's Suzlon Energy says: * Says Dec quarter net loss 10.75 billion rupees ($172 million) vs 11.55 billion rupees a year ago * Says net debt at end Dec at 144.95 billion rupees Further company coverage: ($1 = 62.3650 Indian rupees) (Reporting by India Company News Team) Date : Feb 16 Source: Reuters
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Madras HC cautions govts against 'privatizing' drinking water servicesCautioning governments against privatizing fundamental sovereign responsibilities such as providing drinking water to people, Madras high court has wondered how a company, which dragged Bolivia into international arbitration over privatization of drinking water, was involved in new Tirupur area development scheme. The state government's ambitious Tirupur development plan envisaged several schemes including treatment and supply of potable water and treatment and disposal of sewage in the city, and it engaged consortium of international companies for the purpose. While passing... Read more.. Date : Feb 16 Source: Times of India
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2013 record year for new carbon trading schemesNine new emissions trading schemes (ETS) were launched worldwide in 2013, and as many as five of them were set up in various cities and provinces in China, according to a recent report released by the International Carbon Action Partnership (ICAP). This is the highest number of new schemes launched since the European Union began the world’s first carbon trading system in 2005. The four other trading schemes which also started last year were in California in the United States, Switzerland,... Read more.. |
PMC starts land-acquisition processThe civic administration has taken a step towards decentralising the city's garbage processing system, by starting the process to acquire land for five garbage processing units. "These plants have been marked in the development plan. We have started the paperwork to acquire the land required," Rajendra Jagtap, additional commissioner of the PMC, told TOI. He said that a proposal to allot funds for the land acquisition for three projects has been prepared and will be tabled before the standing... Read more.. |
14% increase in mileage of passenger vehicles is mandatory nowIndia has notified new norms for passenger vehicles that mandate an average increase of at least 14% in mileage from 2016-17 and 38% five years thereafter. The standards, which will be implemented by the ministry of road transport and highways, will catapult India into the league of select nations including the United States, Germany, Japan and China that strictly enforce such norms with harsh penalties for violation. Passenger vehicles - comprising cars, vans and utility vehicles - currently run... Read more.. |
India in top five position in spearheading the global green building movementIndia has significant opportunity to go the green way and concerted efforts by all the stakeholders is the need of the hour, said vice-chairman of Indian Green Building council (IGBC), Goa, Bharat Kamat on Thursday. Addressing the participants at the two-day advanced training programme on green building rating systems organised by IGBC of CII, he said by the year 2030, building stock in India is expected to reach 100 billion sq.ft from the existing 25 billion sq.ft IGBC , he said, with the... Read more.. |
Tea industry's future depends on corporate collaboration - BBC NewsTea crops the world over are facing multiple threats, from climate change and water shortages to rural de-population and low wages. So serious are these threats, that some of the world's biggest tea companies are joining forces to combat them. Unilever, which owns Lipton, Brook Bond and PG Tips, Twinings, Finlays, and Tata Global Beverages, which owns Tetley, are laying to one side competitive instincts to protect the long-term future of their business and ensure that tea remains as accessible and affordable as... Read more.. |
Meet on High Energy MaterialsIndia should go in for collaboration at the international level for developing capabilities in High Energy Materials (HEM), B Bhattacharya, director, High Energy Materials Research Laboratory (HEMRL), said on Thursday. Bhattacharya was addressing the 9th International Conference on High Energy Materials organised by the HEM Society of India (HEMSI) at Kovalam. He also stressed the need to bring down costs in the research and development of HEMs. India does business in HEMs to the tune of Rs 15,000 crore. About 75 per cent of the... Read more.. |
Goldman's ReNew in Solar Dash as U.S. Moves WTO: Corporate IndiaIndia will award permits this month to build solar power plants in the first national auction since 2011 as a trade spat with the U.S. over import curbs deepens. ReNew Power Ventures Pvt., a company backed by Goldman Sachs Group Inc., the Tata group, whose businesses span software to automobiles, and First Solar Inc. (FSLR), the biggest U.S. maker of solar panels, are among 68 bidders vying for projects as India seeks clean alternatives to fossil fuels. The winners for the 750 megawatts of capacity will be announced by the end of... Read more.. |
IATA outlines aviation challengesThe International Air Transport Association emphasized the value of partnerships between the industry and government that make flying the safest way to travel. It was the underlying theme of a keynote speech made by Tony Tyler, IATA’s director general and CEO, during the Singapore Airshow Aviation Leadership Summit earlier this week. “No matter what the challenge, solutions built in partnership between industry and government are the most durable and yield the best results,” he said. ... Read more..Date : Feb 13 Source: TTR Weekly
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New emission norms may help fire up engineering firmsThe economic slowdown and narrowing power deficit due to improvement in electricity supply have pushed engineering companies such as Cummins India, Greaves Cotton and Kirloskar Oil Engines to a dark spot, with all these companies posting a drop in net sales growth in all three quarters of FY14, barring Kirloskar Engine in the third quarter of FY14. The grimness of the situation can be assessed from the fact that the biggest player in engine manufacturing by revenues, Cummins India has downgraded its revenue guidance twice this year... Read more.. |
Odisha to Pilot Eco-solution for Polluted Water BodiesThe Forest and Environment Department on Tuesday decided to attempt an ecological solution to treat natural water bodies of the State Capital most of which are in high stages of pollution, thanks to influx of waste water and sewer. A water body near Biju Patnaik Airport has been identified for piloting what it calls the “phytoremediation” experimentation. For the eco-friendly project, the Department along with Odisha Wetlands Development Authority and Chilika Development Authority (CDA) have... Read more.. |
India, Netherlands to set up joint working group on renewable energySeeking to expand cooperation in renewable energy, India and Netherlands have decided to set up an Indo-Dutch joint working group for exchange of technical and institutional knowledge on clean energy. A formal memorandum of understanding (MoU) was signed between the two countries giving the green light to intensifying cooperation between India and the Netherlands on renewable energy. The Dutch Ambassador Alphonsus Stoelinga and the Secretary of the Ministry of New and Renewable Energy, Satish Balram Agnihotri, signed the MoU.... Read more.. |
UN agency to add a pinch of regulation to booming spice, herb sectorBlack pepper, vanilla and basil are among the spices and herbs under scrutiny as a newly created committee meets today in India to develop quality standards for the multi-billion industry, which could also aid small farmers in selecting what to grow and how, the United Nations food agency today announced. “Once clear internationally accepted standards are established, consumers can trust the safety and quality of the spices and herbs they buy,” Ren Wang, Assistant Director General of the UN Food and Agricultural Organization’s (FAO... Read more.. |
Embassy harnesses sun, rainThe Embassy of Sweden held a small inauguration to commemorate a milestone in its goal to becoming a 'Green Embassy', completing the final phase in covering the whole 40,000-square metre property with a rainwater harvesting system, last Wednesday. No water is allowed to escape into the city's drainage system, and is instead being efficiently collected and stored. Approximately 10.5 million litres of rainwater is being harvested annually. Not only is the Embassy fully self-sufficient in terms of water, it has also helped increase... Read more.. |
In India, high fliers go low carbonAirline travelers in India who fly the country’s largest airline now have an opportunity to support low-carbon rural development programs across the country. The landmark partnership was unveiled this weekend between the Fair Climate Network (FCN), a consortium of Indian groups that is committed to improving health and livelihoods in rural communities, promoting climate resilience and reducing climate pollution, and IndiGo, the country’s largest and fastest growing airline. The company will use... Read more.. |
Kingfisher halt helped cut aviation carbon emissions: ReportThe total carbon emissions by Indian carriers went down in 2012 as compared to the previous year, said a carbon footprint report released by the Directorate General of Civil Aviation (DGCA) on Thursday. The reversal was not an indicator of a new trend, but rather a result of Kingfisher Airlines' suspension of operations. "Overall in the year 2012, carbon dioxide emissions from Indian airline-related operations declined. This trend is related to general passenger developments for 2012, the discontinuation of Kingfisher's operations,... Read more.. |
Plotting new ground for agricultureWith a view to putting heads together to ponder for making agriculture in Punjab remunerative and diversify to more lucrative crops, the government is organising the four-day Progressive Punjab Agriculture Summit ( PPAS) at SAS Nagar from February 16 to 19. Union agriculture minister Sharad Pawar is expected to take part in the event. Economists, ag riculture experts, researchers, scientists and innovative farmers from the country and abroad will participate in the summit. The government says the summit will provide a platform to... Read more.. |
US Said to Press Action Against India in Solar-Energy DisputeThe U.S. filed a second complaint against India’s solar-energy policies at the World Trade Organization, reviving a year-old dispute between the two nations. Today’s action follows a case the U.S. filed in February 2013 at the Geneva-based WTO, saying India’s requirements for locally made components on solar-energy products violate global trade rules. “These domestic content requirements discriminate against U.S. exports” of solar cells and modules, U.S. Trade Representative Michael Froman said... Read more.. |
Fortum to invest Rs 1600 crore in green energy in IndiaAfter acquiring a five megawatt solar plant in Bhilwara, Finnish government-owned Fortum is looking to expand its operations in India both through investing in greenfield projects and acquisitions of existing facilities.
The Nasdaq-listed company with a focus on clean energy, including solar, has earmarked Rs 1,600 crore for investments in green power. "We are committed to invest in new plants in the country, and if we come across good existing assets, Fortum India is open for acquisitions," said Matti Kaarnakari, managing director, Fortum India.
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Gummy Material Addresses Safety of Li-ion BatteriesHigh-capacity lithium ion batteries are popular in everything from computers and electric cars to airplanes because they are able to store a large amount, but do have one flaw – they occasionally catch fire. A group of Washington State University researchers has developed a chewing gum-like battery material that could dramatically improve the safety of lithium ion batteries. Led by Katie Zhong, Westinghouse Distinguished Professor in the School of Mechanical and Materials Engineering, the researchers recently reported on their work in the journal, Advanced Energy Materials.... Read more.. Date : Feb 11 Source: Pure Green Cars
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