Sustainability Outlook Headlines

France to invest two billion euros of climate-linked finance in India

France will invest two billion euros in clean energy and efficiency projects in India, president Francois Hollande announced last week. Speaking at a press conference with Indian prime minister Narendra Modi, Hollande said French support was vital ahead of a proposed UN climate change pact, due to be finalised in Paris this December.

Source: RTCC

Plea on violation of E-waste Rules: NGT asks DGFT to reply

The National Green Tribunal has sought response from the Directorate General of Foreign Trade (DGFT) on a plea alleging rampant violation of E-waste management rules notified in 2011. "We find that the reply of Director General of Foreign trade will be of great assistance to us particularly, as regards the electronic/electrical products imported to our country. We, therefore, expect its response in the present application," a bench headed by Justice U D Salvi said.

Source: Zee News

Wind energy companies Gamesa, Suzlon & Mytrah infusing huge funds into solar energy

Big wind energy companies in India such as Gamesa, Mytrah and Suzlon are all diversifying into solar space this year with plans to invest several hundred million dollars in the next five years in installing thousands of solar megawatts, given the government's impetus to the sector.

Source: Economic Times

Tata Power Delhi Distribution becomes first utility to receive accreditation for implementing solar projects across India

Tata Power Delhi Distributing (TPDDL) has been accredited with ‘SP 1A’ by ICRA, one of India’s leading rating agencies. The acknowledgement has been credited to TPDDL’s for its commitment towards ‘Highest Performance Capability’ and ‘Highest Financial Strength’ to undertake solar projects.

Source: Your Renewable News

Havells India gears up for smart city projects

Electrical goods maker Havells IndiaBSE 0.51 % plans to capitalise on government's smart city projects by developing new technology-driven lighting products and home appliances.
"Smart city project has a good potential... There are lot of possibilities for us to do good business in cities," Havells India CMD Anil Rai Gupta told PTI.
Elaborating on how it is preparing to tap these opportunities, he said: "We are looking at connecting our products through technology."

Source: Economic Times

Government planning to vet power usage pattern & charge more for consumption during peak hours

Using the washing machine at night may help you save on your electricity bill. The government plans to introduce a time-of-day power tariff structure for residential customers, where peak-hour prices will be costlier than non-peak rates, after getting data on supply and consumption of electricity, coal, petroleum and renewable energy.
NITI Aayog, the government think tank tasked with creating a knowledge support system through collaboration with national and international experts, will soon set up an energy data management cell.

Source: Economic Times

Australia assures India full technological support to clean Ganga

Australia Monday assured India that it would extend full technological support for the ambitious project to cleanse the Ganga, saying measures like controlling effluent discharge could be used to clean the river.
"Australia has promised its full support to Ganga Rejuvenation plan. This was communicated by Australian Minister for Foreign Affairs Julie Bishop when she called on Union Minister of Water Resources, River Development and Ganga Rejuvenation Uma Bharti here today," a statement said.

Source: Zee News

UP districts with high power theft may get less power

You may soon be getting less power supply if your district has high power theft. In a move that is set to generate much heat, the UP Electricity Regulatory Commission (UPERC) has mooted an idea to link power supply with the line losses. This means, the districts which register more line and commercial losses (power theft and less metering) would accordingly get lesser supply. Noida, which registers lowest line loss — around 8% — would thus be at an advantage in terms of power supply than any other district of the state. 

Source: Economic Times

Government aims to generate 1 lakh mega watt of solar power by 2022: Piyush Goyal

The Union power ministry will fast-track solar and thermal projects in Northeast India where big hydroelectric projects are caught in a logjam.  To start with, a 40 MW of solar unit will be set up in Assam, Piyush Goyal, Union minister for power, coal, and new and renewable energy, said on Friday. The minister, in Guwahati to attend a meeting of state power ministers, said he discussed the matter with Assam Chief Minister Tarun Gogoi. 

Source: Economic Times

India plans push for green bonds

The government has approached at least eight lenders, including Rural Electrification Corp. Ltd (REC), to raise low-cost and long-term funds to help finance India’s plan to quadruple its renewable energy production, while also aiming to make it economically viable for debt-laden distribution companies to buy clean power.

Source: Live Mint