PuneCleanTech to bring cheer to clean tech start ups – Start ups in the field of clean technology have a reason to smile with an all new and dedicated forum ‘PuneCleanTech’ which is an awareness, education, and networking platform to showcase Clean Technologies developed around. Pune based Harshad Nanal and Anil Paranjape have formed ‘PuneCleanTech’. More – http://bit.ly/bd4C9e
Top energy award for producer of solar panels for Indian villages – A company which produces affordable solar panels for India’s unelectrified villages has been given this year’s top Ashden Prize for Sustainable Energy, one of Britain’s most prestigious awards for innovative use of sustainable energy technologies. D.light Design, India, received the £40,000 overall Gold prize for “its passion and dedication to the cause of ridding the developing world of the health and pollution problems associated with the use of kerosene lighting”. More – http://bit.ly/bd4C9e
IOC plans Rs 700-cr power play, to set up solar and wind power at its retail outlets – State-run Indian Oil Corporation (IOC) plans to set up solar power panels and power plants at its over 18,100 retail outlets across the country at a cost of Rs 500 crore. The company will also set up solar and wind power plants at various locations in the country with an investment of over Rs 200 crore. More – http://bit.ly/9lSjhv
Tata Power plans India’s largest solar PV installation in Gujarat – After the ultra mega power project at Mundra in Gujarat, Tata Group has set the ball rolling to tap renewable energy in the state, which is also a home to its Nano plant. Tata Power has decided to set up 50 MW solar photovoltaic power project at Mithapur in Gujarat. More – http://bit.ly/bzJMbD
NVVN agrees to buy renewable energy between Rs16-18 a unit – It was recently announced that the Union Power Ministry has finalized ‘Power Purchase Agreement (PPA)’, to enable NTPC Vidyut Vyapar Nigam Ltd. (NVVN). It was also announced that the Union Power Ministry has finalized ‘Power Purchase Agreement (PPA)’, to enable NTPC Vidyut Vyapar Nigam Ltd. (NVVN) – a wholly owned subsidiary company of NTPC to buy energy, generated through non-renewable sources like – solar and wind between Rs. 16-Rs 18 a unit for distributing it to end users by State Electricity Boards (SEBs). The PPA empowers NVVN to buy renewable energy from it’s generators at the decided rates and sell10 per cent of it to every SEBs as per guidelines of Energy Conservation Act as well as Electricity Act of 2003. More – http://bit.ly/9W8RQ3
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India may check use of foreign equipment in solar projects – Government guidelines released recently specify that components used in the manufacturing solar photovoltaic modules must be made in India. Government guidelines released recently specify that components used in the manufacturing solar photovoltaic modules must be made in India. Only Indian modules should be used by solar power project producers if they wanted to claim subsidies under the Jawaharlal Nehru National Solar Mission (JNNSM), they say. More – http://bit.ly/ceNGge
Subir Roy: Over a Trillion $ investment required for sustainable urban India? – “The challenge for India is to write a new chapter in low-cost urban development, the way it has done in wireless telephony and automobiles (Nano). Most of the additional 250 million Indians who will look for an urban habitat in the next 20 years will do so in existing towns and cities whose healthy and orderly growth will define the quality of Indian urban life. McKinsey & Co has estimated that this will cost a colossal $1.2 trillion in capital expenditure alone (about India’s current GDP). Booz&Co has estimated that the government will have to spend $1 trillion in capital expenditure, not in 20 but 10 years! Plus a sharp improvement will be needed in urban governance. While the latter is not negotiable, the former is, and the challenge for India is to write a new chapter in low-cost urban development, the way it has done in wireless telephony and automobiles (Nano).” More – http://bit.ly/coxr5C
