Sustainability Outlook Headlines

Green tribunal lifts interim stay on CBM extraction

pThe southern bench of the National Green Tribunal has cancelled it interim order staying extraction of coal bed methane natural gas and crude oil by ONGC and GAIL in the Cauvery Delta Regionp

pThe Tribunal had ordered an interim stay on August 5 on an application by an activist based in Thiruvarur a Delta District seeking a stay by both public sector companies on extraction of coal bed methane and range of fossil fuelsp

pIt also ordered notice to ONGC and GAIL and the Union Ministry of Environment and Forests Tamil Nadu Pollution Control Board and State Government... Read more..

Action soon against industrial units polluting Ganga Govt

pGovernment has asked the pollution control boards to initiate action against industrial units discharging contaminated effluents in river Ganga Union Minister Uma Bharti informed Lok Sabha on Thursdayp

pShe said the government has asked the pollution control boards to initiate action against such industrial units in a bid to stop untreated water from flowing into the Gangap

pDuring the question hour the water resources river development and ganga rejuvenation minister said her ministry would soon finalise a plan in this regard and send it to the cabinet for approvalp

... Read more..

Indias biggest solar power auction brings further drop in costs Read more

pIndia39s biggest auction for solar energy yet brought a further reduction in prices with companies such as SkyPower of Canada and SunEdison of the US competing with local firmsp

pAcme Cleantech Solutions and Mytrah Energy emerged as the top winners in bids to build 2000 megawatts of solar farms in the southern state of Telangana Together they reaped 763 megawatts of contractsp

pThe result showed progress in Prime Minister Narendra Modi39s goal to install 100 gigawatts of solar capacity by 2022 in order to expand India39s electricity production while limiting pollution The... Read more..

India may soon get luminous highways to enhance safety save energy

pSome of India39s dark patches could soon get futuristic luminous highways These highways costing just 1520 per cent more than regular highways do not require any street lights and come to light on their own as a photoluminescent coating similar to glowinthedark paint creates ethereal looking lines that get charged by sunlightp

pThe Netherlands already has such highways and India could turn to these for the largely unlit road network in the hills a senior government official said quotIt will also work well in foggy conditions and improve overall road safety The drivers will be... Read more..

Temp in India increased by 06 degree Celsius over the last 110 years

pMean temperature in India has increased by nearly 06 degree Celsius over the last 110 years in line with rising temperature across the globe said the government in Parliament while informing the Lok Sabha that the heat wave phenomena this year were quotabnormallyquot high which had led to 2037 deaths across the countryp

pAndhra Pradesh and Telangana faced the maximum casualties with both these states together recording 93 of the total deaths due to heat wave in 2015p

pquotAll India mean temperature has risen nearly around 06 degree Celsius over the last 110 years in line... Read more..

Indian Utility CESC Plans 460 Million Renewable Energy Investment

pCESC Limited one of the few private sector power supply utilities in India has announced plans to expand its renewable energy footprintp

pPart of the industrial conglomerate RPSanjiv Goenka Group CESC Limited has announced plans to invest around 460 million to expand its renewable energy capacity by 500 MWp

pWhile CESC mainly looks after power supply in the Indian state of West Bengal the company also operates some power plants The company owns about 2450 MW of thermal power projects and around 75 MW of renewable energy projectsp

pThe company now plans to focus on the... Read more..

Suzlon delivers 205 MW volume with 153 EBITDA margin

pSuzlon Group has announced its results for the first quarter Q1 of financial year 201516 FY16p

pMr Tulsi Tanti Chairman Suzlon Group said ldquoOur Q1 performance reflects our turnaround journey Our strategic vision incorporates the governmentrsquos renewable energy target of 175 GW by 2022 and the conducive policy landscapep

pWith our technology pedigree comprehensive product portfolio and over 14GW of global installations we are well positioned to seize the market opportunities in India and other core markets We introduced the next generation turbine the S111 21 MW for the... Read more..

Aviva Pledges 39 Billion In Renewable Energy Investments

pOne of the leading insurance companies in the world Aviva has announced plans to significantly increase investments in lowcarbon assets and reduce exposure to sectors that face risk of regulatory action to reduce greenhouse gas emissionsp

pAviva Chief Executive Officer Mark Wilson recently stated that the company will invest around 780 million every year in renewable energy and energy efficiency assets over the next 5 years Aviva currently manages assets of a whopping 390 billion and is Britainrsquos secondlargest insurer by market valuep

pThe company will take into account... Read more..

Maharashtra Govt plans first canaltop solar power project in at Jalgaon

pThe state government is planning to set up the statersquos first gridconnected canal topsolar power project in Maharashtra on the Waghur project at Jalgaon The 75 MW solar photovoltaic power plant will be installed on the left bank canal of the dam with private participation with various revenue and power sharing models being looked at To overcome the resistance of locals for land acquisition and harness the statersquos solar energy potential to the optimum Maharashtrarsquos new renewable energy policy which aims at creating 14400 MW of fresh gridconnected capacity in the sector by 201920... Read more..

Who Benefits From REDD Lessons From India Tanzania and Mexico

pREDD a global framework designed to reward governments for preserving forests has pledged nearly 10 billion to developing countries But minorities indigenous people the poor and other marginalized groups that live in forest areas often end up paying more than their fair share of the costs of environmental cleanup and conservation while getting less in return What can be done to change thisp

pIn an article published this month in Global Environmental Politics I show that international interventions are likely to favor forestdependent people only when government agencies work under... Read more..

Delhi Metro installs 9 new solar plants

pDelhi Metro has installed nine new solar power generation facilities on the BadarpurFaridabad section for partial fulfilment of energy requirementsp

pThe power generated by these solar plants with a generation capacity of 16604 kWp will be used for lighting and other auxiliary requirements of the station and depot buildingsp

pThe plants have been set up at NHPC Chowk Mewala Maharajpur Sector 28 Badkal Mor Old Faridabad Neelam Chowk Ajronda Bata Chowk Escorts Mujesar stations and Ajronda Depotp

Indias Hero Future Energies Plans To Raise 100 Million For Renewable Energy Expansion

pA subsidiary of Indiarsquos largest twowheeler manufacturer Hero MotoCorp is planning to raise 100 million to fund expansion in the countryrsquos rapidly growing renewable energy marketp

pHero Future Energies has announced plans to raise 100 million to fund project development in the solar and wind energy sectors according to one of Indiarsquos leading business dailies The Economic Times Hero Future Energies which has an operational renewable energy capacity of 260 MW across 10 states in India is planning to expand this portfolio to 1 GW over the next few years and is also looking... Read more..