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Covid-19 impact: Electric vehicle plans may take backseat in FY21By : Sustainability ..., Apr 24, 2020
Leading auto manufacturers are likely to put their electric vehicle (EV) plans on the back-burner as they focus on restoring demand for core bread-and-butter products, suggested a number of senior industry executives. With mounting losses due to the disruption in operations... Read more.. |
MNRE should make 30-day extension for renewable energy more flexible, says industryBy : Sustainability ..., Apr 24, 2020
The Ministry of New and Renewable Energy’s (MNRE) decision to grant a 30-day extension for renewable energy (RE) projects is not sufficient and should be extended up to 90-180 days, as it would be difficult to meet the labour mobilisation and logistical challenges, according... Read more.. |
Fall in emissions spurred by lockdown unlikely to last in the long runBy : Sustainability ..., Apr 23, 2020
Climate change remains a grave threat despite the reduction in emissions witnessed during the covid-19 lockdown and failure to step up climate action could harm humans, the ecosystem, and economies for centuries, scientists have warned The reduction in emissions because of... Read more.. |
Covid-19: 150 GW renewable energy projects at risk in Asia PacificBy : Sustainability ..., Apr 22, 2020
Up to 150 Gigawatt (GW) of wind and solar power projects across the Asia Pacific could be delayed or cancelled over the next five years (2020–24) if the coronavirus-led recession extends beyond 2020. This is equivalent to pushing back the Asia Pacific renewables construction... Read more.. |
Deadline extended for clean energy projectsBy : Sustainability ..., Apr 22, 2020
India has asked its agencies implementing clean energy projects to allow developers more time to complete such projects, on account of delays caused by the nationwide lockdown to contain the coronavirus pandemic. In an attempt to help the country get back on its clean energy... Read more.. |
Covid takes a toll on Saubhagya scheme in Uttar PradeshBy : Sustainability ..., Apr 20, 2020
The pandemic triggered lockdown has gridlocked the Centre’s flagship Saubhagya scheme, which powered BJP’s poll juggernaut in 2017 assembly elections in UP with its last-mile electricity connectivity to households. UP Power Corporation Limited (UPPCL) sources said, Saubhagya’... Read more.. |
Discoms to suffer Rs 30K cr revenue loss, face Rs 50K cr liquidity crunch due to lockdown: CIIBy : Sustainability ..., Apr 20, 2020
Industry body CII on Friday said discoms are likely to suffer a net revenue loss of around Rs 30,000 crore and liquidity crunch of about Rs 50,000 crore due to the coronavirus-induced nationwide lockdown. According to government data, the discoms owe Rs 92,602 crore to Gencos... Read more.. |
Covid-19: India woos renewable energy equipment makersBy : Sustainability ..., Apr 20, 2020
India is eyeing renewable energy equipment manufacturers looking to shift base from China following the Covid-19 outbreak. “At a time when many companies are planning to shift their manufacturing base from China, it is an opportune time for India to bring policy changes to... Read more.. Subject Tags: China , coronavirus , manufacturer , Ministry of New & Renewable Energy (MNRE) , renewable energy sector |
Renewable energy companies unlikely to restart construction post April 20By : Sustainability ..., Apr 20, 2020
Construction of renewable energy projects is among the activities that the ministry of home affairs has permitted resumption of from April 20, but developers maintained it will be a while before they can do so. Whether or not sufficient labour will return to the site is the... Read more.. |
Business rejig: PTC Financial Services to focus on new energy, sustainable segmentsBy : Sustainability ..., Apr 17, 2020
PTC Financial Services Ltd has restructured its business portfolio to lay focus on new energy and sustainable segments. It is evaluating some of the opportunities that will unfold once the Covid-19 pandemic situation settles down. Pawan Singh, Managing Director and CEO, PFS,... Read more.. Subject Tags: coronavirus , PTC Financial Services , renewable energy projects , Sustainable Development |