You are here

Sustainability Outlook Headlines

Will issue order to make it mandatory for carmakers to introduce flex-fuel engines: Gadkari

Union minister Nitin Gadkari on Monday said he would issue an order in the next two-three days to make it mandatory for the carmakers to introduce flex-fuel engines in vehicles.

Addressing an event, Gadkari said, India imports petroleum products worth 8 lakh crore every year, and if the country continues to depend on fossil fuels, then its import bill will rise to Rs 25 lakh in the next five years.

"To reduce import of fossil fuels, I am going to sign a file in the next 2-3 days, in which carmakers will be asked to make flex-fuel engines vehicles (that can run on more than... Read more..

Source: Economic Times

Emissions and foreign exchange savings due to ethanol blending

The Minister of State for Petroleum and Natural Gas, Shri Rameswar Teli in a written reply to a question in the Rajya Sabha today informed that Under the Ethanol Blended Petrol (EBP) Programme, Public Sector Oil Marketing Companies (OMCs) are selling E10 (10% ethanol blended petrol) as per availability. For the ongoing Ethanol Supply Year (ESY) 2020-21, OMCs have sold3672.46 crore litres of ethanol blended petrol during the period 01st December, 2020 to 14th November, 2021.

A joint study was conducted by Indian Oil Corporation Limited (IOCL) along with Automotive Research... Read more..

Source: PIB

Govt working on plan to securitise revenue of central power plants

The government is working on a proposal to escrow revenue from existing central power plants to utilise it as an upfront amount for new projects. It is also considering listing subsidiaries of power PSUs like NTPC and gradually offloading up to 49 per cent stake in them, a senior official said.

As per the proposal, revenue of ongoing projects can be escrowed in the name of successful bidders for 10-15 years.

While the buyers get assured income for a long term, the power companies get to invest the amount left after debt servicing and operation and maintenance costs in new... Read more..

Source: Economic Times

MSCI to drop Adani Ports from four climate indices on Carmichael link; Adani Group "disappointed" with move

The MSCI Climate Change Index will drop Adani Ports and Special Economic Zone (APSEZ). This comes as the Carmichael project had been termed ‘severe’. MSCI will also drop REC and IPCA Laboratories from the index while adding six new companies to the list.

Adani Enterprises owns the Carmichael project. Adani Ports became a wholly-owned subsidiary in August 2020 for haulage operations from the Carmichael mine to Adani’s North Queensland Export Terminal (NQXT). Earlier in March, the BRC ownership was transferred to Adani Global Pte.

The Carmichael mine is expected to produce... Read more..

Source: Money Control

Ambuja Cements, ACC collaborate with IIT Delhi to develop low carbon cement

Mumbai: Ambuja Cements and ACC have partnered with the Indian Institute of Technology Delhi (IIT-D) to develop next-generation, calcined clay cements, a low carbon material to promote sustainable construction.

This academic collaboration will be implemented through a research project funded by Holcim Innovation Centre, Lyon, France. It will comprise an in-depth scientific study into the influence of clinker, calcined clay and limestone on the performance of calcined clay cements. 

The partnership aims to create next-generation low CO2 cement with more than 50% lower... Read more..

Source: Live Mint

India Young Water Professional Programme Launched

The first edition of the India Young Water Professional Programme was launched virtually today in the presence of Mr. Manpreet Vohra, Indian High Commissioner to Australia, Barry O’ Farrell, Australian High Commissioner to India and Ms. Debashree Mukherjee, Additional Secretary, DOWR, RD & GR, Ministry of Jal Shakti. More than 100 participants joined the launch of India Young Water Professional Program. This program has been taken up under National Hydrology Project, a Central Scheme of DOWR, and RD & GR and supported by the Australian Water Partnership.

This Program is... Read more..

Source: PIB

South Korea to supply 27.9 million tons of clean hydrogen by 2050

The South Korean government will supply 27.9 million tons of hydrogen annually as 100 per cent clean hydrogen by 2050. It is expected to generate an economic effect of 1,319 trillion won and reduce more than 200 million tons of greenhouse gas.

The government announced on November 26 that five agendas, including the '1st Basic Hydrogen Economy Implement Plan,' were discussed at the 4th Hydrogen Economic Committee meeting presided over by Prime Minister Kim Boo-gyeom at Lotte Hotel Seoul.

The hydrogen economy implement plan is the first legal plan related to hydrogen industry.... Read more..

Source: Economic Times

NGT constitutes 5-member committee to prevent discharge of effluents in Ganga

The National Green Tribunal (NGT) constituted a five-member expert Committee for preventing further discharge of chromium or other effluents at Jajmau or other such places in Ganga.
The NGT said, "We find it necessary to constitute a five-member expert Committee under the Chairmanship of Chief Secretary, Uttar Pradesh with nominees of Ministry of Environment, Forest and Climate Change (MoEF&CC), Central Pollution Control Board (CPCB), National Mission for Clean Ganga (NMCG), Uttar Pradesh Pollution Control Board (UPPCB) and District Magistrates of Kanpur Dehat and Kanpur Nagar."... Read more..

Source: ANI

Solar PLI outlay to be hiked to Rs 19,500 crore

As many as 15 companies including public-sector Coal India, Adani Infrastructure, Larsen and Toubro, ReNew Solar, Tata Power Solar, Waaree Energies, Vikram Solar, Megha Engineering & Infrastructures and FS India Solar Ventures will likely get incentives offered under the production-linked incentive scheme for solar manufacturing, as scope of the scheme is set to widen.

At an inter-ministerial meeting held recently, the department from promotion of industrial trade (DPIIT) is learnt to have endorsed the recommendation of the ministry of new and renewable energy (MNRE) to raise... Read more..

Source: Financial Express

Nitish calls for one India, one power rate

Bihar chief minister Nitish Kumar iterated his demand for one nation one rate for purchasing power from Central sectors, as he dedicated stage-II 500MW (2x250 MW) of NTPC Barauni Thermal Power Station and unit 1 (660 MW) of the NTPC Barh Super Thermal Power project, in presence of RK Singh, Union minister of power and new & renewable energy on Saturday.

Kumar said the consumer power tariff would reduce if India were to have one rate for purchasing power from Central sectors. Presently, Central utilities like the NTPC charge different rates for power supplied to states and union... Read more..

Source: Hindustan Times

Gujarat will become renewable energy capital of the country by 2025: CM Bhupendra Patel

Gujarat Chief Minister Bhupendra Patel said that by 2025, the state will consolidate its position as the renewable energy capital of the country.

Patel is currently in Delhi and addressed captains of industry in the curtain-raiser event to Virtual Gujarat Global Summit (VGGS)-2022 on Thursday.

Addressing the event, Patel said, "Gujarat's development will witness many mega infrastructure projects and one such mega-project is Dholera, India's First Greenfield Smart City. A fin-tech hub is being set up and incentives for aircraft leasing companies are being given. Gujarat will... Read more..

Source: Economic Times

Delhi: With tech park, EDMC wows one-stop solution for waste

The East Delhi Municipal Corporation has started trial runs on various technologies at its newly constructed Technology Park at New Jafrabad to process different kinds of municipal solid and liquid waste at one place.
The one of-its-kind pilot project has been developed over a 1,000-sq-metre land provided by DDA. An EDMC dhalao has also been converted into a waste seg regation and processing facility.
While the work on the project started in 2018 under the Waste to Wealth Mission at the behest of the principal scientific adviser, government of India, it is expected to become... Read more..

Source: Times of India

Ganga Connect concludes in London: High Level of Engagement & Tangible Outcomes

The Ganga Connect exhibition, that has been running across the UK from 8th November concluded in London on 25th November 2021. This has been a major effort of the National Mission for Clean Ganga, the High Commission of India and cGanga to engage with the international community of scientists, technology companies, policy makers, industry, investors and finance professionals.

In the concluding session, Shri Gajendra Singh Shekhawat, Minister of Jal Shakti,and Shri Rajiv Ranjan Mishra, Director General, National Mission for Clean Ganga, hosted a virtual roundtable with eminent... Read more..
Source: PIB

IBA asks MNRE to continue waste to energy scheme with central assistance

The Indian Biogas Association has asked the Ministry of New & Renewable Energy (MNRE) to continue the waste to energy scheme through central financial assistance.

Highlighting the challenges faced by the ... Read more..

Source: Economic Times

Indian, UK science ministers discuss green energy collaboration

 India's Science & Technology Minister, Dr Jitendra Singh on Thursday held an online meeting with the United Kingdom Science Minister, George Freeman, wherein the two discussed Green Energy collaboration between the two countries among other issues.

The India-UK Science & Technology (S&T) collaboration has been growing at a rapid pace and the joint research programme has gone from an almost zero base to close to 300-400 million pounds now, the Indian Minister informed his British counterpart and that the UK has emerged as India's second largest international research and... Read more..

Source: Economic Times

Five-point framework ready for sustainable development: P Rajeeve

To ensure resilient and sustainable development, state has devised a new five-point framework, said industries minister P Rajeeve while inaugurating the 10th edition of ‘TiEcon Kerala 2021’ on Thursday. The three-day conference attended by industrial leaders, policymakers, startups, entrepreneurs is organized by Indus Entrepreneurs (TiE) Kerala Chapter.
Speaking on the new industrial and living environment, Rajeeve said it begins with clean air, clean water and strong online connectivity in every home to fully facilitate the new ‘work-from-home’ and ‘study-from-home’ concepts so that... Read more..

Source: Times of India

Noida International Airport: PM lays foundation stone at Jewar! Features of India’s first net-zero emissions airport

PM Modi has laid the foundation stone of the Jewar Airport in Uttar Pradesh! With this airport, UP is poised to become the only Indian state to boast five international airports. Once completed, the Noida International Airport will be the second international airport to come up in Delhi NCR. The airport project will help decongest Delhi’s Indira Gandhi International Airport. The airport is said to be strategically located and the project will serve the people of cities including Noida, Delhi, Ghaziabad, Agra, Aligarh, Faridabad as well as neighbouring areas.

The Jewar Airport, due... Read more..

Source: Financial Express

No transmission charge waiver for green power projects from July 2028

In a move that can be seen to expedite the installation of renewable energy projects in the next few years, the Union power ministry has said that 100% inter-state transmission (ISTS) charge will be levied on power supplied by solar and plants commissioned on and after July 1, 2028. Currently power distribution companies (discoms) do not have to pay ISTS charges for solar and wind-based electricity, and the waiver was used as an incentive to encourage renewable power capacity addition.

The waiver was initially available for solar and wind projects scheduled for installation within... Read more..

Source: Financial Express

Scheme to cut electrolyser production cost soon: Bhagwanth Khuba

The government will launch a scheme for reducing the cost of production for electrolysers, Bhagwanth Khuba, minister of state for the ministry of new and renewable energy (MNRE) said on Wednesday. Electrolysers are used to produce green hydrogen using electricity generated from renewable sources such as solar and wind plants.

Khuba was speaking at the inauguration of the maiden international conference on hydrogen energy organised by the central board of irrigation and power.

The minister urged researchers present in the conference “for maximum research for hydrogen energy”... Read more..

Source: Financial Express

Govt plans more tax concessions on vehicles purchased after scrapping old ones: Gadkari

The government is considering a proposal to provide more tax-related concessions on vehicles that are purchased after scrapping old vehicles under the recently launched National Automobile Scrappage Policy, Union Minister Nitin Gadkari said on Tuesday.
While inaugurating Maruti Suzuki Toyotsu India's first government-approved scrapping and recycling facility for end-of-life vehicles (ELVs), Gadkari also said the scrappage policy is going to reduce pollution.


"The GST revenue of both the Centre and states will... Read more..

Source: Times of India

SJVN, PTC sign MoU to develop products to supply round the clock power

SJVN on Wednesday signed a Memorandum of Understanding (MoU) with PTC India Limited (formerly known as Power Trading Corporation of India Limited) to collaborate on the development of products to supply Round the Clock (RTC) Power.

The MoU was signed by Akhileshwar Singh, Director (Finance), SJVN and Rajib Kumar Mishra, Director (BD & Marketing), PTC India Ltd.

After the signing of MoU, SJVN Chairman and Managing Director Nand Lal Sharma said SJVN and PTC will jointly develop products for supply of renewable power from projects of SJVN bundled with available market... Read more..

Source: The Statesman

Long-term strategy underway to meet India's 2070 targets under Paris Agreement: Secretary, MoEF&CC, GoI

Mr RP Gupta, Secretary, Ministry of Environment, Forest, and Climate Change (MoEF&CC), Government of India, yesterday said that a long-term strategy is under preparation to meet India's 2070 targets under Paris Agreement as announced by Prime Minister Narendra Modi at COP26 at Glasgow early this month.

Addressing the webinar on 'Outcomes of COP26: Implications for Indian Industry' organized by FICCI, Mr Gupta said that the country's focus is on improving energy efficiency and on the required change in nature of energy basket. He added that there is a significant move in the... Read more..

Source: FICCI

Germany announces €1.2 bn to help India fight climate change

GERMANY ON Wednesday announced new commitments worth more than €1.2 billion, or Rs 10,025 crore, to India to support its fight against climate change.

A statement released by Germany said the focus of the financial commitment to India will be to tackle climate change and assist in the country’s ongoing energy transition.

“Every fifth person on this planet is Indian. Without Indians you cannot solve any big world problems, and one of the biggest is climate change. We try to work together with India and help with climate change, renewable energy and similar projects,... Read more..

Source: Indian Express

Japan's Chubu Electric to boost overseas and renewables investment

 Japan's Chubu Electric Power plans to make strategic investments of 1 trillion yen ($8.7 billion) over the 10 years through 2030, mainly in overseas and renewable energy, to achieve its 2030 recurring profit goal of 250 billion yen.

Unveiling a new management strategy on Wednesday, the company also raised its 2030 renewable energy capacity target in Japan to 3.2 gigawatts (GW) from its previous goal of 2 GW. It now owns about 0.63 GW of renewable capacity.

"In addition to our mainstay energy business, we will expand our business areas to include real estate and resource... Read more..

Source: Economic Times

India has led through vision and action in meeting climate change challenges, committed to achieve 500 GW renewable energy capacity by 2030- Environment Minister Bhupender Singh Yadav

Union Minister for Environment, Forests and Climate Change (EF & CC) Shri Bhupender Singh Yadav today called for a concerted action by all to contain the growing menace of air pollution in Indian cities. Inaugurating a two day sensitization-cum-review workshop on National Clean Air Programme (NCAP) for the Western Region states of Maharashtra, Goa, Gujarat and Madhya Pradesh in Mumbai, Shri Yadav asked all officials and stakeholders to work with a missionary zeal and understand that fighting air pollution is not just a job, but a service to humanity.

He emphasized that public... Read more..

Source: PIB