Oilzapper 40% cheaper than other options
The Times of India, 19 July 2010
Using bacteria to clean up an oil slick is called bioremediation
and is practised in many parts of the world. But the Indian
formulation is unique as it eats up all four layers of crude
-- waxy element or saturated hydrocarbons, aromatic component
or benzene compounds, NSO (compounds of nitrogen and sulphur)
and asphaltene or tar. And unlike other formulations, Oilzapper
can work in temperatures ranging from 8-40 degrees Celsius.
The formulation was developed by TERI under a central government
initiative... more>>
Bt crops can be safer alternative to pesticides
Deccan Herald, 27 April 2010
Scientists had engineered these plants to produce an insecticidal
protein originally made by the soil bacteria Bacillus thuringeinsis
(Bt)... more>>
Australia-India partnership to establish a bionanotechnology
research center in New Delhi
Nanowerk, 16 April 2010
A new research centre to study food and water security and
health care is to be established by Deakin University in
partnership with TERI. A Memorandum of Understanding was
signed between the two institutions recently to establish
the new BioNanotechnology Research Centre in New Delhi...
more>>
OTBL and Oil India Limited collaborate to use TERI
developed “Oilzapper Technology” in Assam to
treat hazardous oil spill and sludge
Business Wire India; 16 June 2009
TERI with the support from Department of Biotechnology (DBT),
Government of India, has developed a bacterial product known
as ‘Oilzapper’ to clean up oil spills and treats
hazardous oily sludge generated unavoidably by Oil Industry...more>>
Biotech surge
The Financial Express, 9 March 2009
Researchers at various government and private institutes
in India are conducting extensive field trials on, not only
biotech rice but, a host of other biotech crops before they
are made available for cultivation on a commercial scale...more>>
Economy
India 2nd in global competitiveness
Business Standard, 11 July 2010
India has been ranked second, ahead of the United States
and South Korea, in terms of manufacturing competence globally,
a report by Deloitte has said...more>>
India will grow at 9.5 per cent in 2010, says IMF
Business Standard, 9 July 2010
IMF (International Monetary Fund) revised its growth projection
for India in 2010 to 9.5 per cent...more>>
Finance Bill passed with some tax relief Mint, 30 April 2010
The Union Budget for 2010-11 was cleared with Parliament
passing the Finance Bill after amendments to provide marginal
direct and indirect tax concessions to sectors such as healthcare
and construction... more>>
Economy will grow 8.5%: FM
Deccan Herald, 29 April 2010
The Centre has projected the economy to grow by 8.5 per
cent in the current fiscal 2010/11 and over 9 per cent in
2011/12 but expressed concern over inflation nearing the
double digit figure... more>>
PM
pitches for cooperation in energy, food sector
The Financial Express, 17 April 2010
Noting that India, Russia, China and Brazil are resource
rich, Prime Minister Dr Manmohan Singh pitched for close
cooperation among them in the fields of energy and food
security besides tapping potential in other sectors like
trade and investment, science and technology and infrastructure...
more>>
ADB raises India's growth forecast to 7%
The Times of India, 16 December 2009
The Asian Development Bank raised its growth forecasts for
developing economies in Asia on Tuesday, but warned against
any hasty withdrawal of stimulus packages, saying they were
needed to ensure a solid recovery. It also cautioned governments
that restricting the capital flooding Asia's emerging economies
carried risks, suggesting that allowing more flexible exchange
rates was one way to control the investment flows into the
region. The report showed that the ADB maintained its growth
forecasts for China at 8.2% in 2009 and 8.9% in 2010. It
raised the 2009 growth forecast for India to 7% from 6%,
but kept 2010 at 7%. The ADB raised its regional forecast
to 4.5% on average in 2009 and 6.6% in 2010 from expectations
in September of 3.9% and 6.4%, respectively...more>>
Government plans education model for rural healthcare
The Financial Express, 19 October 2009
In order to bridge the rural-urban healthcare access divide,
the government is planning to create a scheme wherein it
could impart medical training to selected candidates from
rural areas on the condition that they have to serve a certain
prescribed tenure in rural areas...more>>
Economy to grow by 6.5 pc, says PM’s panel
The Tribune, 15 October 2009
Despite poor foodgrain production, rising crude oil prices
and the uncertain economic environment around the world,
India is expected to grow by around 6-8 per cent in the
current year...more>>
IMF pares India's 2010 growth forecast to 6.4%
Mint, 3 October 2009
India and China will lead the world out of a deep recession
in 2010 but the global recovery could be sluggish, the IMF
(International Monetary Fund) said in the latest edition
of the World Economic Outlook, its bi-annual report on the
world economy...more>>
New IT policy pitches for Bangalore as R&D innovation
hub
Deccan Herald, 2 October 2009
From IT for the common man to pitchfork Bangalore as a hub
for R&D, product development and innovation, will be
the key focus of the new IT Policy currently being formulated
by the Karnataka State government...more>>
PM favours new strategy to boost demand for investment
Business Standard, 26 September 2009
India has outlined a new strategy of expanding investment
demand, with a view to expediting the process of the ongoing
global economic recovery...more>>
ADB, UK to give $14 million in tech assistance
The Financial Express, 2 September 2009
The ADB (Asian Development Bank) and the United Kingdom
would provide $14 million in technical assistance to help
improve the quality and delivery time of projects in a few
states...more>>
Trade policy offers exporters more sops
Business Standard, 28 August 2009
The government has allowed duty-free import of capital goods,
extended the duty refund scheme for exporters, and cut transaction
costs for them, in a bid to reverse the decline in exports
and double outbound sales of goods and services in five
years...more>>
UNIDO to launch industrial clusters
The Hindu, 25 August 2009
The UNIDO has joined hands with the DIPP to launch a series
of new industrial projects worth $9 million to benefit industry...more>>
Cabinet forms team to monitor infra projects
Business Standard, 12 July 2009
In an attempt to get core sector projects off the ground,
the government has constituted a 13 member Cabinet Committee
on Infrastructure, which will be headed by the prime minister...more>>
More focus on rural India: expenditure increased by 45%
Mint, 7 July 2009
In a bid to attack poverty, Finance Minister, Mr Pranab
Mukherjee, announced lavish spending to build rural infrastructure,
reduce poverty, and raise employment opportunities among
the youth...more>>
Economy is sound, let's push reforms, says Economic Survey
Business Standard; 3 July 2009
Painting a picture of a resilient economy, the pre-Budget
Economic Survey 2008-09, tabled in Parliament by Finance
Minister Pranab Mukherjee, said India could grow up to 7.75
per cent in 2009-10, up from 6.7 per cent in 2008-09, provided
the global economy, particularly the United States, bottomed
out by September and the government was able to push the
button on significant economic policy reforms...more>>
Urban mission to add 28 cities, seeks Rs 1.5 lakh crore
funding
The Financial Express; 30 June 2009
The government is working on the expansion of Jawaharlal
Nehru National Urban Renewal Mission (JNNURM) by including
cities having a population of at least 5 lakh, thus expanding
into 28 more cities, and is seeking to raise earmarked funds
from Rs 1,00,000 crore to Rs 1,50,000 crore...more>>
At 8%, India to grow fastest in 2010: World Bank
The Economic Times, 23 June 2009
The World Bank has projected an 8% growth for India in 2010,
which will make it the fastest-growing economy for the first
time, overtaking China’s expected 7.7% growth...more>>
Green homes: For a sustainable tomorrow
The Economic Times, 4 June 2009
Building 'green' homes has become a necessity, for a sustainable
tomorrow and the real estate sector, too, is slowly waking
up to the potential of carbon credit trading. Even though
there has been a great amount of activity in the commercial
sector, opposite is the case, in the residential space...more>>
Infrastructure growth kindles revival hopes
The Financial Express; 3 June 2009
Reviving hopes of a recovery in industrial production, which
has been sliding since December, the index of infrastructure
sectors grew 4.3% in April, against 2.3% a year earlier...more>>
Political stability to positively impact India's
rating: S&P
The Financial Express; 22 May 2009
Formation of a stable government at the Centre will have
positive implications for India’s sovereign rating,
global agency Standard and Poor's today said without indicating
when it would review country's rating...more>>
Indo-US ties need to be 'reset'
Mint; 18 may 2009
As the election of 2009 in the world’s biggest democracy
creates history by returning the Congress-led coalition
to power, it is an opportunity to pause and ponder on what
kind of global scenario the Prime Minister will inherit
and how he might address it....more>>
RBI survey of forecasters predicts 5.7% GDP growth
The Hindu Business Line, 15 May 2009
The real gross domestic product (GDP) growth for the current
fiscal will be 5.7 per cent, the latest survey of professional
forecasters by the RBI says....more>>
Trade
policy to be aligned with GST after April1, 2010
Business Standard; 17 April 2009
The new foreign trade policy, which is being prepared by
the commerce ministry, will be aligned with the GST (Goods
and Services Tax) only after implementation of this indirect
tax mechanism....more>>
Nuts and bolts of revival
The Hindu Business Line, 17 April 2009
A close look at industrial output data since 2004, when
the good times began, suggests that the present downturn
is not entirely due to the slowdown.....more>>
Investors pour $794 million in Asia funds; India
sees inflows
Business Standard, 14 April 2009
Global investors have poured in over $ 794 million in Asia-dedicated
equity funds in the first week of April as India-focussed
funds broke their 11-week outflow streak.....more>>
Migration to cities will ease poverty: World Bank
The Financial Express, 13 March 2009
Urbanisation can help lift people out of poverty, the World
Bank said in its World Development Report 2009: Reshaping
Economic Geography ....more>>
Now, an economic governance index for districts
The Economic Times, 11 March 2009
A group of researchers at the Institute for Financial Management
and Research (IFMR) are trying to come up with a unique
index that will help gauge economic governance at the district
level....more>>
MSMEs: Brand new opportunities
The Economic Times, 6 March 2009
Given the economic distress worldwide, the micro, small
and medium scale enterprises (MSME) had been hit hard. Large
numbers of workers have been laid off because of depressed
demand, piled up inventory, pending retrievables and squeezed
credit market
Economy gets another rate cut stimulus...more>>
Economy gets another rate-cut stimulus
The Economic Times, 5 March 2009
Amid mounting fears that the slowdown could linger, Reserve
Bank of India (RBI) governor is not holding back policy
ammunition....more>>
Fiscal gap at 7.8 pct of GDP with oil bonds
The Financial Express, 26 February 2009
Including bonds issued to oil and fertilizer companies,
the Indian government's fiscal deficit for the year to March
is estimated at 4.22 trillion rupees ($84 billion)....more>>
Finance Minister unveils fiscal stimulus III
Business Standard, 25 February 2009
Finance Minister Mr Pranab Mukherjee announced a stimulus
package for the economy, the third this financial year,
cutting excise duty and service tax two percentage points
each, effective midnight, and extending previous excise
cuts beyond 31 March 2009....more>>
Decks cleared for Delhi SEZs
The Asian Age, 19 February 2009
The Delhi government announced a service sector specific
SEZ (special economic zone) policy for the city. The government
move has now cleared the ways for setting up SEZs promoted
by the leading firms of the
country....more>>
Influencing India
Business Standard, 1 January 2009
Wielding power is relatively easy, particularly when you
get it through birth or through elections, but influence
is something altogether different - it can sometimes flow
from power but it can just as easily be divorced from it.
Among the list of those who wield enormous influence in
their fields, there are those with genuine international
reach, like Dr R K Pachauri on global warming, Mr Ratan
Tata in the most influential board rooms around the world,
and Mr Mukesh Ambani, who is on the governing bodies of
the Brookings Institution in Washington and the International
Red Cross....more>>
India to give opportunities for business growth: Study
Business Standard, 17 December 2008
As the markets evolve and adjust to new realities, several
opportunities are likely to emerge for the entrepreneur
to start and grow businesses in India thereby meeting the
country’s inclusive growth target, says a joint perception
survey....more>>
Industry
Indian SMEs high on optimism: report
The Financial Express, 18 June 2009
Despite the economic downturn, Indian small and medium enterprises
(SMEs) showed most optimism regarding economic growth in
2009, over majority of their counterparts in the Asia-Pacific,
the UPS Asia Business Monitor survey reveals ....more>>
RIL, ONGC, Bharti among 500 top global companies:
report
The Financial Express; 1 June 2009
Ten Indian companies, including Mukesh Ambani-led Reliance
Industries and telecom major Bharti Airtel, are among the
500 top global companies for 2009 in terms of market capitalisation,
according to The Financial Times.....more>>
Poverty
Addressing urban povert
The Hindu, 3 June 2009
India’s inequalities are more glaring in its urban
areas. The country’s urban poor, according to Planning
Commission estimates, number 80 million and constitute 25.70
per cent of the urban population...more>>
Energy
New emission norms for nine sectors
The Asian Age, 8 July 2010
The Government will introduce new emission limits for mine
designed energy intensive industrial sectors, including
thermal power, cement, iron and steel, railways and fertilizer
by April, the Bureau of Energy Efficiency director general
Dr Ajay Mathur said. The Bureau of Energy Efficiency, under
the ministry of power, has worked out a mechanism to specify
the parameters to enable companies cut their energy consumption
and save energy for trading credits.
NTPC, CIL tie up for foreign assets
The Financial Express, 29 April 2010
NTPC and CIL (Coal India Ltd) have formed a JV (joint venture)
to pursue acquisition of coal assets in India and abroad,
raising questions about the future of another JV, ICVL (International
Coal Ventures Ltd), that was set up by NTPC along with steel
major SAIL (Steel Authority of India Ltd), RINL (Rashtriya
Ispat Nigam Ltd), CIL and NMDC two years ago with a similar
objective but still remains a non starter... more>>
Coal India to seal deals abroad in six months
Business Standard, 26 April 2010
Government owned CIL (Coal India Ltd), the world's largest
miner, expects to seal strategic partnership deals with
three listed companies abroad within six months, including
Peabody Energy of the US... more>>
Amendments to Energy Act cleared
The Hindu, 11 December 2009
The Union Cabinet has approved amendments to the Energy
Conservation Act, 2001 to introduce the system of issuing
energy saving certificates to be traded in the domestic
market. The ‘Perform, Achieve and Trade’ mechanism
would assign energy efficiency improvement targets to the
country’s most energy-intensive industrial units,
with the provision of allowing them to retain any energy
efficiency improvements in excess of their target in the
form of Energy Saving Certificates. The units will also
be allowed to use purchased certificates to meet their greenhouse
gases emission targets. The approval for the amendments
comes just as the negotiations for a comprehensive climate
treaty are under way in Copenhagen. The provision for such
a mechanism was made under the National Mission on Enhanced
Energy Efficiency. The industries that could benefit from
these certificates are steel, cement and aluminium...more>>
NPCIL lines up Rs 330 billion for Maharashtra nuclear
plant
The Financial Express, 15 October 2009
Nuclear Power Corporation of India (NPCIL), which currently
operates projects having a total capacity of 4120 mw, has
tied up funds of Rs 330 billion for two units of 1,650-mw
each at the nuclear power project at Jaitapur in Maharashtra...more>>
Essar to ink pact for blocks in Nigeria, Vietnam
The Financial Express, 3 October 2009
Essar Group will sign a contract for exploring offshore
blocks in Nigeria and Vietnam. Essar Exploration, which
currently has stakes in six overseas oil and gas blocks,
would have a 100% stake in OPL 226 area in Nigeria and Block
114 in Vietnam...more>>
GSPC builds on LNG trading biz
Business Standard, 29 September 2009
Gujarat State Petroleum Corporation Ltd (GSPC) is planning
to import one liquefied natural gas (LNG) cargo every month
as part of its strategy to enter into the LNG trading business...more>>
Indian Oil enters nuclear power
The Hindustan Times, 2 September 2009
Aided by the Indo-US nuclear deal, public sector giants
are eyeing new fortunes in nuclear power. Indian Oil Corp
has joined the fray with a plan to enter nuclear power generation...more>>
National mission on enhanced energy efficiency approved
The Hindu, 25 August 2009
The Prime Minister's Council on Climate Change has approved
‘in principle’ the National Mission on Enhanced
Energy Efficiency...more>>
Far-sighted policy-making and investment decisions can ensure
energy Security - Krishnan, Rekha
The Financial Express, 24 August 2009
Energy insecurity is a matter of grave concern for all.
More so for India. The country is already on a shaky wicket
importing 75% of its oil consumption with 75% of these imports
from just one region—West Asia...more>>
Private entry into nuclear power, coal mining
Business Standard; 3 July 2009
The Economic Survey has made a pitch for greater private
participation in the infrastructure sector, including the
sensitive sectors of nuclear power generation and coal mining...more>>
Green buildings may define new status quotient
The Economic Times, 20 June 2009
The ISHRAE (Indian Society of Heating Refrigerating and
Air Conditioning Engineers) has undertaken an exhaustive
exercise to gauge energy conservation efficiency of over
1000 buildings across the five climatic zones of India...more>>
Energy efficiency a top priority for India Inc
The Financial Express, 10 June 2009
The Energy Efficiency Indicator (EEI) survey for corporate
India , reveals that 47% of the respondents are paying more
attention to energy efficiency, compared to last year and
94% of the respondents feel that energy management is extremely
important...more>>
Russia offers India role in uranium centre project
The Hindu Business Line, 15 April 2009
Russia has offered India the option of participating in
its IUEC (International Uranium Enrichment Centre) at Angarsk,
Siberia as a means of securing guaranteed fuel supplies
in the future...more>>
India’s energy conundrum- Srivastava, Leena
Financial Chronicle, 10 March 2009
Following the usual pattern of the past several decades,
half way into a Plan period the estimates for electricity
capacity expansion have been severely downsized from the
original level to roughly half of it...more>>
Kakodkar: India all set to achieve N-power target
The Tribune, 19 February 2009
Despite the current economic recession, India is well on
course to surpass the production target of 20,000 MW of
nuclear power by 2020, the Atomic Energy Commission chairman
Dr Anil Kakodkar said...more>>
BEE gets to set fuel efficiency norms
Mint, 30 December 2008
The Union government has finally empowered the BEE (Bureau
of Energy Efficiency) to set fuel efficiency standards for
the country's automobile industry, putting an end to a turf
war between two ministries...more>>
Energy policy gets Cabinet nod
The Indian Express, 27 December 2008
The Union Cabinet approved an Integrated Energy Policy for
the country...more>>
TERI inks deal with Mexican institute
The Hindu; 25 December 2008
To devise energy efficient policies and technologies of
renewable energies and their usage in India and Mexico,
TERI and the Centre for Innovation and Renewable Energy
(CIRE), Mexico City signed a memorandum of understanding.
As per the MoU, TERI will work closely with CIRE in the
areas of human resources and infrastructure development;
working out the research agenda and its plan of action so
that the aims of CIRE are met...more>>
India to invest in uranium mines in Russia
The Financial Express, 25 December 2008
India will invest in uranium mines in Russia, Kazakhstan
and a few other countries to acquire up to 50% ownership
to ensure uninterrupted supply of fuel for its safeguarded
nuclear power plants, according to a top official...more>>
Coal
Government to speed up green nod for coal projects
The Financial Express, 19 June 2009
The government said it will develop model TORs (terms of
reference) for coal projects to bring down the time taken
in assigning environmental clearances to such projects from
3–5 years...more>>
Government to speed up green nod for coal projects
The Financial Express; 19 June 2009
The government said it will develop model terms of reference
for coal projects to bring down the time taken in assigning
environmental clearances to such projects from 3-5 years...more>>
Govt may allow pvt coal mining
Business Standard, 16 June 2009
In a bid to plug the demand and supply gap of coal in the
country, the government is considering a proposal to open
coal mining to the private sector...more>>
NTPC to source 30-40 MT coal from abroad
The Financial Express, 18 February 2009
State-run power producer NTPC is targeting coal reserves
in Indonesia, Mozambique and South Africa to source 30-40
MT of the fuel for meeting its requirement...more>>
Oil & gas
PNGRB to make licensing norms investor-friendly
The Financial Express, 19 July 2010
The Petroleum & Natural Gas Regulatory Board (PNGRB),
the downstream regulator in the energy sector, has proposed
to finetune its licensing norms as it cautiously prepares
to enter a new regime of authorising trunk and city gas
pipeline networks...more>>
Petrol price review every month
Business Standard, 15 July 2010
Government-controlled oil marketing companies (OMCs) have
decided to review retail prices of petrol on a monthly basis.
However, the date for the next price review and the mechanism
to fix the price are yet to be finalized...more>>
IOC, RIL among 8 Indian companies in Fortune 500
list
The Economic Times, 12 July 2010
Eight Indian companies, including oil major Indian Oil Corporation
and Mukesh Ambani led Reliance Industries, have made the
cut in the list of the world's 500 largest companies compiled
by Fortune...more>>
Energy companies queue up for Canada's oil sand
assets
The Financial Express, 10 July 2010
Canada's oil sands are calling and India's energy explorers
are raring to go. Upstream companies including Essar Oil,
OVL (ONGC Videsh) and RIL (Reliance Industries Ltd) are
scouting for oil sand assets in northern Alberta, and have
lined up investments over $1 billion each...more>>
India scouts for international LNG deals as prices
stay low
The Financial Express, 10 July 2010
India is planning an aggressive foray into the global market
for natural gas, as it reckons that the output from Reliance
Industries' KG-D6 block would hardly meet the growing demand
from key sectors like fertilisers...more>>
Oil India to scout for small oil wells overseas
The Asian Age, 5 July 2010
The oil exploration company OIL (Oil India Ltd) is aggressively
looking to expanding its oil properties...more>>
Reliance strikes 4th oil find in Cambay
The Financial Express, 29 April 2010
Energy major Reliance Industries has discovered more oil
on the country's western coast, raising the potential of
the exploratory blocks it has been drilling, the company
said... more>>
Cairn starts second oil processing unit in Rajasthan
The Economic Times, 26 April 2010
Cairn India has started a second crude oil processing plant
at its giant Mangala oilfield in Thar desserts of Rajasthan,
which will help the company ramp up output for the nation's
most prolific oilfield... more>>
Oil and gas hunt gets $10.3 billion from private funding,
FDI
The Financial Express, 23 April 2010
Oil and gas fields in India have attracted a princely $10.3
billion (about Rs 460 billion) private and FDI till January
this year since the beginning of Nelp (the New Exploration
and Licensing Policy) a decade ago... more>>
Atlas, Reliance to buy more shale gas acreage
Business Standard, 23 April 2010
Independent oil and gas company Atlas Energy Inc has said
it would buy 42,344 acres in the gas rich Marcellus shale
along with energy giant Reliance Industries... more>>
Dual petroleum tax to boost industry
The Financial Express, 17 December 2009
The proposed dual levy for petroleum products augers well
for consumers and industrial users if the excise component
is fixed at a level that does not raise the tax burden,
say experts. The 13th Finance Commission’s task force
on GST proposed a dual tax of GST and excise duty on emission
fuels like petrol, diesel, jet fuel and kerosene. The task
force recommended a 12% GST at central and state levels
together and asked for a ‘revenue neutral’ excise
rate to be set...more>>
Cairn India to merge oil, gas biz of group firms
Business Standard, 14 December 2009
Cairn India, part of the UK-based Cairn Energy, said it
will merge oil and gas businesses of some of its subsidiaries
with itself, a move that will improve administrative efficiencies.
The company’s board, at its meeting held recently,
has approved a scheme of arrangement between Cairn India
and some of its wholly-owned subsidiaries, oil and gas exploration
major said in a statement to the Bombay Stock Exchange.
Under the scheme, the company's four subsidiaries - Cairn
Energy India, Cairn Energy India West BV, Cairn Energy Cambay
BV and Cairn Energy Gujarat BV -- would merge their Indian
oil and gas businesses with Cairn India, it said...more>>
OVL, Sistema to jointly explore biz opportunities in Russia,
CIS region
The Financial Express, 14 December 2009
ONGC Videsh Ltd (OVL) and Russian company Sistema have agreed
to work together for the acquisition of oil and gas assets
in Russia as well as in other countries. A non-exclusive
memorandum of understanding (MoU) to this effect was signed
at the Indo-Russian CEOs business council meeting held in
Moscow during Indian Prime Minister Dr Manmohan Singh’s
recent visit to Russia. OVL entered the Russian hydrocarbon
sector in 2001 by acquiring participating interest in the
Sakhalin-1 project. Earlier this year, OVL bought out Imperial
Energy which has hydrocarbon assets in the Tomsk region,
Western Siberia...more>>
Petronas buys 2.3% in Cairn India
The Economic Times, 16 October 2009
Malaysian oil firm Petronas has bought 2.3 per cent stake
in Cairn India for USD 240 million (around Rs 1,100 crore)
to raise its holding in the company, which gave the nation
its largest oil find in recent times, to near 15 per cent...more>>
Cairn India ties up $1.6 billion for Rajasthan project.
Business Standard, 15 October 2009
Cairn India has raised funds worth $1.6 billion from domestic
and overseas lenders to repay an existing debt and to accelerate
the ongoing Rajasthan Project where crude oil production
commenced recently...more>>
RIL plans to raise Jamnagar refining capacity by
a quarter
Mint, 15 October 2009
India's largest company by market capitalization, Reliance
Industries Ltd (RIL), plans to bolster the refining capacity
of its new Jamnagar facility, already the world's biggest
refining hub, by nearly a quarter and raise it to 720,000
barrels a day (bpd)...more>>
Mangala oil fields mark beginning of a new era
The Hindu, 30 August 2009
Prime Minister Dr Manmohan Singh dedicated to the nation
the Mangala oil field, marking the start of commercial production
of oil from the area...more>>
IOC to provide hydrogen-blended CNG
The Pioneer, 27 August 2009
IOC has taken a step forward by setting up country's first
commercial filling station at Dwarka in Delhi, which will
make available hydrogen- blended CNG for three-wheelers
and cars...more>>
Gulf majors may help build oil storage units along coastline
The Economic Times, 13 July 2009
Several Gulf–based oil producers are considering a
proposal from the Indian government to invest in creating
large crude oil storage facilities along the country coastline...more>>
RIL’s gas finds to save country $8.3 billion annually,
says Morgan
The Financial Express, 11 July 2009
RILs’ eastern offshore KG D-6 gas fields at peak production
will help the nation save $8.3 billion annually or 0.7%
of the GDP, investment banker Morgan Stanley said...more>>
OVL consortium to invest $5 billion in Iranian gas fields
The Hindu, 26 June 2009
Giving thrust to exploration of oil and gas assets abroad,
OVL (ONGC Videsh Ltd) in partnership with IOC and OIL (Oil
India Ltd) has outlined a plan to invest around $5 billion
over the next four years to produce gas from the Farsi block
discovered in offshore Iran...more>>
RIL’s gas field to double supply of cleaner
fuel
Mint; 19 June 2009
India’s biggest natural gas field will transform the
energy landscape when production begins this month, eventually
doubling the nation’s supply of the cleaner-burning
fuel and lessening its reliance on oil...more>>
India's third LNG terminal at Dabhol in October
Business Standard, 15 June 2009
India is all set to get its third LNG import terminal commissioned
this October at Dabhol on Maharashtra's west coast.
RIL refinery can now sell fuel in local mkt
The Financial Express, 17 April 2009
The EOU (Export Oriented Unit) status of Reliance Industries’
Jamnagar refinery in Gujarat has ended, allowing the company
to sell petrol and diesel locally including through its
1,432 now-closed petrol pumps...more>>
Oil firms raise ATF Price 6.7%
Business Standard; 16 April 2009
State-run oil companies today raised ATF (aviation turbine
fuel) prices for the third time in a month, this time by
about 6.7 per cent, in step with international rates, which
are firming up...more>>
RIL, GAIL to lay pipeline for K–G gas
Business Standard, 15 April 2009
RIL and state-run gas marketer GAIL India are gearing up
to start the second phase of construction of the pipeline
to transport gas from the Krishna–Godavari basin to
the southern parts of the country...more>>
RIL expected to be top gas producer in 3 years
Business Standard, 11 April 2009
RIL could overtake state-owned ONGC and Oil India to account
for over 40% of the country’s natural gas production
in the next three years, say analysts. Supply from RIL’s
Krishna Godavari basin reserve on the east coast began on
2 April...more>>
NELP -VIII offers all-time high 70 blocks
Business Standard, 10 April 2009
Amid concerns of the economic slowdown, the government today
launched the eighth round of NELP-VIII (eighth round of
New Exploration Licensing Policy) offering 70 blocks, the
highest so far...more>>
Pakistan to go ahead with IPI sans India
The Asian Age, 11 March 2009
Pakistan has expressed its readiness to go ahead with the
USD 7.5 billion gas pipeline with Iran even if India, which
has security and other concerns, opts out of the trilateral
project...more>>
Govt for PPP in securing overseas energy assets
Business Standard, 10 March 2009
In partnership with Japan, South Korea and Singapore, India
must explore options for joint storage of oil reserves and
setting up a financial reserve for borrowing and lending
to tide over the volatility of oil prices, according to
Mr H S Puri, secretary (ER) in the Ministry of External
Affairs (MEA)....more>>
India firms offered 25% stake in Satpayev oil deal
The Indian Express, 5 March 2009
In pursuance of the objective of energy security, India
is all set to seal the Satpayev Oil Concession deal with
the Kazakhstan Government wherein ONGC Mittal Energy Limited
will acquire at least 25 per cent stake in the Caspian Sea
Oil block....more>>
3 petrochem regions cleared
The Indian Express, 26 February 2009
With the union cabinet clearing proposals of the West Bengal,
Andhra Pradesh and Gujarat governments for setting up PCPIRs
(Petroleum, Chemical and Petrochemical Investment Regions)
in their territorial domain, a major hurdle has been removed
in the way of investment worth more than Rs 4500 billion
in PCPIRs, chemicals minister Mr Ram Vilas Paswan said...more>>
World’s biggest refinery poised to start in Jamnagar
The Indian Express, 25 December 2008
Reliance Industries is set to double its capacity by starting
up its new 580 000 barrels per day plant this weekend, creating
the world’s biggest refinery just as global oil demand
collapses...more>>
NELP VIII likely to offer 100 blocks
The Economic Times, 23 December 2008
The petroleum ministry is planning to auction over 100 prospective
areas for oil and gas exploration by March 2009 under the
eighth round of NELP-VIII. ‘It would be our endeavour
to launch NELP-VIII in first quarter of 2009,’ petroleum
minister Mr Murli Deora said...more>>
Cairn India makes oil and gas discovery
The Indian Express, 23 December 2008
Cairn India Ltd has announced that it has made an Oil and
gas discovery adjacent to the Raageshwari oilfield in its
Rajasthan block. ‘The first exploration well in the
2008/09 exploration programme has been successful with the
completion of the Raageshwari East 1/1Z well,’ Cairn
India said...more>>
India wants regulator to ensure transparency in
oil market
Business Standard, 21 December 2008
India has underlined the need for putting in place an appropriate
regulatory mechanism to restrain unhealthy ‘speculative
practices’ and bring about transparency in the crude
oil market....more>>
Power
Torrent Power to invest Rs 60 billion on Dahej plant
The Hindu Business Line, 30 April 2010
Torrent Power Ltd (TPL), part of the Rs 186-billion Torrent
Group, will invest nearly Rs 60 billion on setting up a
1200 MW gas-based power plant at Dahej, Bharuch district,
to meet the requirements of the upcoming Petroleum, Chemicals
and Petrochemicals Investment Regions (PCPIR). ONGC Petro-additions
Ltd (OPaL), incorporated in 2006 as a joint venture promoted
by ONGC (26 per cent) and co-promoted by GAIL (19 per cent)
and Gujarat State Petroleum Corporation Ltd (5 per cent),
is the anchor tenant in setting up the Dahej Special Economic
Zone (SEZ) as part of the PCPIR.
Expert group to study T&D losses
The Hindu, 29 April 2010
The Planning Commission, perturbed by the continued theft
of electricity and massive T&D (transmission and distribution)
losses that are expected to touch Rs 680 billion this fiscal,
will soon set up an expert group to find out the causes
for such losses... more>>
CERC raises overdrawal charge to Rs 12.25 a unit
The Economic Times, 29 April 2010
To discourage states from overdrawing electricity from the
grid, power regulator Central Electricity Regulatory Commission
has increased the overdrawing charge to Rs 12.25 per unit.
An additional UI (unscheduled interchange) charge of 40%
on the normal UI rate of Rs 8.73 per unit will now become
applicable, an official statement said... more>>
CERC plans to hike trading margin to 7 paisa
The Financial Express, 15 October 2009
The Central Electricity Regulatory Commission (CERC) has
proposed to increase the trading margin from 4 paisa to
7 paisa if the sale rate is more than Rs 3 on a short-term
trading market...more>>
Government to set up panels for power sector growth
The Financial Express, 5 October 2009
Against the backdrop of the Planning Commission’s
recent observation that the capacity addition of just 60,000
mw against the target of 78,700 mw could be possible by
end of 2011-12 , the Parliamentary Standing Committee of
Energy will set up various groups to make recommendations
for an overall growth of the power sector...more>>
SEZs to get leeway in power distribution
The Financial Express, 25 August 2009
In a move to ease procedural hassles, the Commerce Ministry
is pushing for removal of licensing requirements needed
to distribute power to factories, business outsourcing units,
software developers, and social infrastructure like hospitals
and malls located inside SEZs...more>>
India plans gas-based power plant in Iran
The Hindu Business Line, 25 August 2009
India is working on a proposal to build a gas-based power
plant in Iran, with a capacity of at least 4000 MW. Options
for bringing the electricity to India, either over land
or through an undersea transmission cable, are being explored...more>>
Six restructured electricity boards made profits in 2007/08
Business Standard, 11 July 2009
Less than half of the SEBs, which have been restructured,
have made profits in 2007/08, Power Minister, Mr Sushilkumar
Shinde said...more>>
Government hikes allocation for power reform scheme by 160%
The Hindu Business Line, 7 July 2009
The power reforms programme got a booster dose in the Budget,
with the finance minister hiking the allocation for the
centre’s flagship distribution reforms scheme by 160%
over the previous fiscal...more>>
Govt looks for changes in mega power policy
The Times of India; 3 June 2009
The government is prepared to make it easier for generation
projects to qualify for incentives under the mega power
policy by dropping the clause on mandatory privatisation
of distribution networks for states that plan to buy electricity
from plants of up to 1000 mw....more>>
Big push to rural electrification on cards
The Hindu, 21 May 2009
Apart from giving a major thrust to power reforms and attracting
large private investment, the new Government in office will
give a big push to the rural electrification programme,
curbing aggregate and technical losses (A&T) and working
a roadmap for achieving the open access goal propagated
by the Prime Minister, Manmohan Singh, in his last tenure....more>>
CERC's new criteria to revise power tariff
The Financial Express; 18 May 2009
Electricity tariffs may change as power sector regulator
Central Electricity Regulatory Commission (CERC) will soon
announce new parameters determining the cost of generation
and transmission for thermal power projects....more>>
Tajikistan eyes JVs in power sector
The Financial Express, 12 April 2009
Tajikistan is looking for Indian power companies to set
up about 20 power stations to reduce the energy crisis and
establish a pretreatment of coal and redundancy elimination
of electricity and gas loss...more>>
.
CERC amends its cross-border trading norms
The Financial Express, 24 February 2009
The CERC (Central Electricity Regulatory Commission) has
amended its trading regulations after the MEA (ministry
of external affairs) argued that any attempt to dilute its
control mechanism on international trade in electricity
would adversely impact national and strategic interests
...more>>
GMR Energy takes over Indonesian co for $80 million
The Economic Times, 26 February 2009
GMR Energy, a subsidiary of GMR Infrastructure, has acquired
100% stake in Barasentosa Lestari PT, an Indonesian coal
mining company, for $80 million to fortify back-end integration
for its future power projects. With this move, GMR aims
to achieve fuel security for its power projects in India...more>>
Renewable energy
Clean energy fund may garner Rs 670 billion in 10
years
The Hindu Business Line, 15 July 2010
The National Clean Energy Fund, which will come about through
a Rs 50 a tonne cess on coal used, it is estimated, will
garner more than Rs 670 billion over the next 10 years...more>>
Railways looks at biofuel to cut costs
The Pioneer, 5 July 2010
After CNG, the Indian Railways now wants to tap bio-diesel
potential to cut down on its operational cost...more>>
Atlas to guide in tapping of wind energy launched
The Hindu, 30 April 2010
The government and industry need to jointly explore new
sites with wind energy potential to scale down the use of
fossil fuels, Union Minister for New and Renewable Energy
Mr Farooq Abdullah said... more>>
Suzlon forms JV to tap Bulgaria's energy market
The Financial Express, 29 April 2010
Suzlon Energy is tapping the wind energy market in Bulgaria
through a 50:50 JV with Volkswind Bulgaria GmbH. The company
has already tested the market, which is considered to be
attractive among Eastern Europe markets because of the appealing
tariff structures announced for wind energy... more>>
Amritsar village gets country’s first commercial solar
power plant
The Indian Express, 16 December 2009
Amritsar has got the country’s first commercial 2
MW solar power plant. The plant is set up by American company
Azure Power in IPP mode, it has the capacity to be expanded
to 5 MW...more>>
Big push to R&D in renewable energy
The Hindu, 12 December 2009
To promote generation of energy from renewable sources,
the Central Government has decided to invest Rs 5000 million
on its research, development and technology demonstration
during the XI Plan. The government had already taken up
around 77 projects and sponsored various R&D institutions
for the Plan period. These projects include development
of high efficiency solar cells, hydrogen and fuel cells;
solar photovoltaic and solar thermal power generation; high-rate
bio-methanation; and medium and large capacity biogas plants
for energy and power generation. These new projects would
also help in employment generation, he said, and pointed
out that a wind power project would help in the creation
of 6-10 direct and 30 indirect jobs per megawatt capacity
addition...more>>
Uttar Pradesh extends sops to RRBs for solar power
promotion
The Financial Express, 15 October 2009
In what could be a boon for rural Uttar Pradesh, which is
reeling under a serious power shortage, remote villages
in the state will soon be illuminated, thanks to the Centre's
solar home lightning scheme...more>>
India can generate 48,000 MW through wind energy
Business Standard, 14 October 2009
India has a potential of generating over 48 000 MW through
wind energy farms, and for that it would require just 1%
of its land, according to an estimate by the C-WET...more>>
BHEL expands capacity for solar photovoltaic modules
Deccan Herald, 2 September 2009
BHEL has enhanced the capacity to manufacture solar photovoltaic
module at its electronic division in the City from 3 MW
to 8 MW per annum...more>> TERI
introduces a unique platform: LaBL partners in technology
to illuminate lives of those living in the dark The
Financial Express, 20 August 2009
As the world struggles to control energy-related GHGs, electricity-starved
rural families in the developing world toil and work without
light...more>>
Bring solar to our villages
The Asian Age , 17 July 2009
Out of more than 6,00,000 villages in India, something like
1,05,000 are still officially not electrified. The Lighting
a Billion Lives model has been launched by TERI wherein
a village level charging station is put up by the efforts
of TERI using resources collected from different sources
and the panels are used to charge up solar lanterns at the
charging station...more>>
'Green’ push to rural telecom
The Hindu Business Line, 8 July 2009
The DoT has decided to offer financial support from the
USC fund to telecom players using renewable source of energy
to power their base stations in rural areas...more>>
EU sees potential for renewable energy tie-ups
The Hindu Business Line, 22 June 2009
With the European Union charting out a strategy to ensure
20 per cent of its energy requirement comes from renewable
energy sources by 2020, opportunities for cooperation in
wind and photovoltaic power generation segments are set
to grow...more>>
Bid to launch renewable energy certificates under way
The Financial Express, 22 June 2009
The forum of power regulators (For) has kicked off an exercise
for introduction of renewable energy certificates to promote
renewable energy generation...more>>
ADB to double clean energy outlay to $2 billion
The Financial Express, 18 June 2009
The Asian Development Bank (ADB) will increase its clean
energy investments to $2 billion a year from a previous
target of $1 billion, in a bid to accelerate low carbon
growth and reduce greenhouse gas emissions in the region....more>>
Renewable energy use to be made mandatory for SEZs
The Financial Express, 16 June 2009
The government is considering a regulation to make use of
renewable energy mandatory for special economic zones (SEZ)
to save on traditional fuel like coal and diesel....more>>
CERC for inter-state trade of wind power
Business Standard, 14 June 2009
To attract more investment in the renewable energy sector,
particularly in windpower, the CERC (Central Electricity
Regulatory Commission) has proposed that wind power should
be freely tradable across the country, a top official today
has said.
Hydrogen run three wheelers planned for Indian roads
The Hindu, 13 March 2009
United Nations Industrial Development Organisation (UNIDO)’s
International Centre for Hydrogen Energy Technology (ICHET)
signed a memorandum of understanding with its Indian partners
to run three-wheelers on Indian roads on the most advanced
and clean fuel: hydrogen....more>>
E-Solar gets $30mn to help build solar plants in India
Mint, 4 March 2009
E-Solar, a closely held solar power company backed by Idealab
Inc. founder Bill Gross, said it will license its technology
to Acme Group to build solar plants in India that can provide
as much as 1 gigawatt of power....more>>
Yes Bank to close clean energy fund by June
The Financial Express, 16 February 2009
With LPs (limited partners) turning cautious as the global
recession leaves them with less surplus cash to invest,
Yes Bank will now close its first PE (private equity) fund,
the $200 million SACEF (South Asia Clean Energy Fund), by
June this year rather than the earlier target of March...more>>
'Wind Atlas' in the works
The Hindu Business Line, 20 February 2009
The Centre is in advanced stages of getting an 'Indian Wind
Atlas' commissioned, which would identify windy locations
across the country, and thereby, enable better harnessing
of resources by project developers in the future...more>>
Environment
India emerging as hub of eco-entrepreneurs
The Financial Express, 22 April 2010
Driven by supportive government policies, maturing clean
technologies and growing investor appetite, India is fast
becoming a hub of eco-innovation for all manner of people
— small town residents, Indian expats returning home
with Ivy League education to boot, and even a few enterprising
foreigners... more>>
This Earth Day, salute the heroes
The Asian Age, 18 April 2010
The founder of Earth Day is the late US Senator Gaylord
Nelson, one of the greatest champions of environment, not
only in the US but worldwide. Senator Nelson, who announced
his plans for Earth Day in 1969, later wrote that the germination
of the idea for an Earth Day goes back to November 1962
when he decided to bring environment into political limelight,
once and for all.
Government seeks public view in BT brinjal
The Financial Express, 16 October 2009
Despite the recommendation of the Genetic Engineering Approval
Committee (GEAC) granting environmental clearance to Bt
Brinjal, the union minister for environment and forest decided
hold further public discussion on apprehensions expressed
in many quarters on the safety aspect of the transgenic
crop...more>>
Bt Brinjal gets biotech regulator's approval
The Hindu Business Line, 15 October 2009
In a significant development, the Indian biotechnology regulator
Genetic Engineering Approval Committee (GEAC) has given
its green signal to the environmental release of Bt brinjal,
the first genetically modified food crop to be allowed in
the country...more>>
Green sector set to paint the job town red
The Financial Express, 23 September 2009
The green sector is set to bring about an employment revolution,
as information technology did two decades ago...more>>
India, Britain to jointly develop green tech
The Asian Age, 9 July 2009
India and Britain agreed to exchange notes on jointly developing
green technologies where the two have inherent strengths...more>>
TERI University receives support to launch new programme
to train students in sustainable development
Indian Express, 1 July 2009
TERI University has been selected by the John D. and Catherine
T. MacArthur Foundation, globally headquartered in Chicago,
as one of 10 universities worldwide to receive significant
support in the amount of $ 900,000 to create a new master’s
degree program in Development Practice...more>>
Green initiatives seek to create awareness and inspire
action
The Financial Express, 5 June 2009
World Environment Day is not only time for governments and
NGOs to reaffirm their commitment to the cause of the environment,
but also for companies to highlight their eco-friendly initiatives.
The 8th TERI Corporate Awards recognises corporate excellence
in environmental management, corporate social responsibility
and fight against HIV/AIDS. The President Ms Pratibha Devisingh
Patil will be the chief guest at the awards function to
be held on 5 June 2009...more>>
HP partners with TERI to launch green programme in schools
The Hindu, 17 February 2009
Hewlett-Packard India, in partnership with TERI, has announced
the launch of Hewlett Packard-TERI Schools' future programme,
an initiative it said will improve environment projects
in schools...more>>
Climate change
Carbon credit prices rise 20%
Business Standard, 8 July 2010
The carbon credit market has revived, with prices of CER
(carbon emission reduction) certificates up nearly 20 %
over last month on expectation that Europe would proceed
with its plan for a 30 % cut in emissions by 2020, without
waiting for the global accord review in 2012...more>>
Low carbon footprint to make highways green
The Financial Express, 5 July 2010
NHAI (National Highways Authority of India) is preparing
a strategy to construct environment-friendly highways to
reduce its carbon footprint...more>>
SAARC plans expert group on climate change
The Hindu, 30 April 2010
With the more vulnerable Bangladesh and Maldives seeking
firmer commitments to combat climate change, a watered down
declaration was issued at the end of the 16th summit of
the SAAARC (South Asian Association for Regional Cooperation),
which ended recently... more>>
$75 million IFC loan to IDFC for climate change projects
The Financial Express, 21 April 2010
World Bank's multilateral lending arm, IFC (International
Finance Corporation), will provide $75 million (around Rs
3380 million) to IDFC (Infrastructure Development Finance
Corporation) for investments in renewable energy, cleaner
production and energy efficiency projects. This project
is part of IFC's climate change strategy of partnering with
financial intermediaries to scale up the impact for climate
change projects in India. IDFC, which has its registered
office in Chennai, invests in infrastructure projects all
over India. The project will help IDFC scale up its capacity
to assess renewable energy and energy efficiency projects
through sharing of IFC's experience and knowledge of these
sectors worldwide... more>>
Grim forecast for climate talks
The Hindustan Times, 17 December 2009
As negotiations to save the planet from overheating dissolved
in intense bickering between the rich and poor, the European
Union made a last-gasp 100 billion euro payout to the poorest,
mainly African, nations. The announcement is unlikely to
please India and China, which earlier in the day led a protest
against a Danish move to leave the final text to be adopted
on December 18 to 103 heads of state...more>>
India and China are the most decisive factors -
Somayaji, Sakarama
The Financial Express; 16 December 2009
‘Climate change’ is the buzz word today. According
to reports of the International Panel on Climate Change
(IPCC), there is enough scientific evidence to prove that
the matter is serious and needs immediate global action.
As the Copenhagen Conference has started, every international
leader is keen to be in the centre of the talks on climate
change. However, one thing remains unclear—who will
do what and by when, to save the planet from global warming...more>>
The Copenhagen conundrum- Srivastava, Leena
Financial Chronicle; 15 December 2009
The news media has been full of the controversies surrounding
the climate change summit at Copenhagen. Prime space and
time has been accorded to the stand-off between members
of India’s negotiating team as also to the stand-off
between the developing and the developed world; within the
developing world and within the developed world too! There
seems to be a complete breakdown in negotiations...more>>
Innovation centres to develop clean technologies:
India
The Financial Express, 14 December 2009
The approval of India's technology transfer proposal to
establish a global network of climate innovation centres
for developing and deploying clean technologies at the ongoing
climate change talks in Copenhagen should cheer businesses.
In its submission to the UNFCCC, India had suggested that
climate innovation centres be located in various parts of
the world for undertaking development and deployment of
clean technologies suited to their respective regions. The
centres would do so by forging private and public sector
partnerships...more>>
India gets pat on back for its green tech plan
The Times of India, 11 December 2009
India got all-round credit for suggesting a proposal and
forging a consensus on a deal to share new green technologies.
Even as talks on the issue of financing technologies and
other actions got stalled, the Indian delegation was able
to forge near complete consensus on the formation of Climate
Innovation Centres which would be akin to the CGIAR model
created during Green Revolution to develop and share crop
varieties. The innovation centres would be a collaborative
effort by all countries in terms of both funds and capacities
to create new green technologies. The rights over these
new technologies would be shared by all countries that contribute
to the work. The CGIAR model created during the food crisis
in the 1970s had led to large scale deployment of hybrid
and high productivity seeds across the poor world. Its authors
– primarily the Bureau of Energy Efficiency and the
power ministry - have pinned hopes on similar breakthrough
on the clean tech front through the innovation centres...more>>
Carbon credits offer us a Rs 280 billion opportunity
Business Standard, 11 December 2009
The Indian government has approved more than 1400 projects
as part of the CDM (Clean Development Mechanism) that could
attract around $6 billion (Rs 280 billion) into the country
by 2012 through sale of CER (Certified Emission Reduction)
certificates, according to the Minster for Environment and
Forests Mr Jairam Ramesh. NCDMA (National CDM Authority)
in India has accorded Host Country Approval to 1455 projects.
These projects have seen an investment of more than $33.7
billion. If all these projects get registered at the CDM
executive board, it will earn developers over 600 million
CERs by 2012. At a conservative price of $10 per CER, the
figure works out to a little over $6 billion...more>>
Bangalore to have world class research institute
on climate change
The Hindu, 19 October 2009
India will demonstrate to the world that “we are serious
about climate change” through a set of new initiatives
— the first being the setting up of a world class
institute here to carry out research on climate, global
warming and its impact on the economy and environment...more>>
Climate mission gets PM panel's green signal
The Indian Express, 15 October 2009
In an effort to create India’s own knowledge base
and generate data and services related to climate change,
the Prime Minister’s Council on Climate Change, the
government’s top-most advisory body on climate change
gave in-principle approval to the National Mission on Strategic
Knowledge.
Bad news: glaciers in Jammu and Kashmir melting
faster than others
The Hindustan Times, 13 October 2009
Environment specialists have long warned that the Himalayan
glaciers, a source of water to rivers that flow across India;
China; Bangladesh; and Burma, are melting faster than the
glaciers in the rest of the world...more>>
EU for linking social disparity, climate change
with India FTA
Business Standard, 14 October 2009
With increasing pressure on the EU to stick to a rigid stand
on linking climate change and social disparity with trade,
the conclusion of talks on India-EU FTA is set to get delayed...more>>
Climate change hits poor in Africa, South Asia hardest:
World Bank
Deccan Herald, 5 October 2009
Climate change could depress the economic output of Africa
and South Asia by as much as five percent per year, the
World Bank has warned...more>>
India offers to discuss climate with US and Europe
The Hindustan Times, 4 October 2009
Environment and Forest minister Mr Jairam Ramesh has offered
talks with the US and Europe on India’s stand on a
Kyoto-type protocol for climate change agreement in Copenhegan...more>>
Climate change poses threat to wheat yield
The Financial Express, 3 October 2009
As climate change makes the tropical wheat environment less
favourable and challenges the sustainability of wheat yields,
global efforts are under way to develop new varieties of
wheat which can withstand excessive heat and continue to
retain their productivity levels...more>>
India to give annual climate report to UN
The Hindustan Times, 27 September 2009
In a major concession to rich countries before December’s
climate change negotiations in Copenhagen, environment and
forests minister Mr Jairam Ramesh has offered an annual
report to the Union Nations on India’s GHG (greenhouse
gas) inventory and measures to reduce it...more>>
Investors, business leaders lend support to climate
treaty
The Financial Express, 24 September 2009
While urging governments to take collective action to address
the challenge of climate change, global business leaders
and investors have extended their support for arriving at
a balanced and effective global agreement in Copenhagen
later this year...more>>
IDBI to promote green technology
The Asian Age, 28 August 2009
IDBI Bank signed a project agreement with the World Bank
for the implementation of CEEP in India.
Stand on climate change unchanged: Shyam Saran
The Hindu, 17 July 2009
Allaying fears that India had diluted its stand on the climate
change at the recently concluded G8 meeting in Rome by accepting
carbon emission caps, Prime Minister’s Special Envoy
on Climate Change Shyam Saran said that there was nothing
in the declaration to suggest this...more>>
Funds announced for climate change
The Tribune, 7 July 2009
The Finance Minister, Mr Pranab Mukherjee, in the Union
Budget speech, has announced the government’s decision
to fully exempt petro-diesel blended with biodiesel from
excise duty...more>>
India, Japan to work together on climate change
The Tribune, 4 July 2009
Cementing their strategic ties, India and Japan have agreed
to cooperate on pressing global issues of climate change,
disarmament, and non-proliferation while moving ahead in
negotiations to stitch a comprehensive economic partnership
pact...more>>
Improving environment education in schools
The Hindu, 29 June 2009
Global systems and services company Dell in partnership
with TERI announced the launch of “The Climate EduXchange
Initiative”, an IT-enabled initiative to improve environment
education in schools across India...more>>
Maharashtra to set up panel to tackle global warming
The Hindustan Times, 20 June 2009
The delayed monsoon and severe climatic changes has forced
the Maharashtra government to get environment conscious.
Emission trading rights and India
The Economic Times; 19 June 2009
Developing countries including India have been absolved
of any responsibility towards reducing emissions in the
first commitment period, 2008-2012, of the Kyoto Protocol...more>>
Asia set to become biggest climate change driver
The Times of India, 17 June 2009
Asia's share of global greenhouse gas emissions could rise
to more than 40% by 2030, making it the world's main driver
of climate change, experts have warned....more>>
TERI launches Specialized Library on Climate Change
Business Standard, 15 June 2009
In a first of its kind initiative in the country, TERI has
launched a Specialized
Library on Climate Change to spread awareness and information
on the issue....more>>
Economic recovery ups carbon credit demand
Business Standard, 3 June 2009
As the 2012 deadline for limiting carbon emissions under
the Kyoto Protocol draws near, and with the overall market
sentiment perking up, the demand for carbon emission reduction,
popularly called carbon credit and European allowances,
have seen a sudden spurt...more>>
Climate change: Poorest worst hit - Pachauri, R
K
Deccan Herald,2 June 2009
Even as we observe the World Environment Day on June 5,
Dr R K Pachauri reflects on climate change and points out
that while few doubt the science of climate change, its
impact on the world’s poor is largely ignored. Also,
he adds, it is time to break the silence...more>>
McKinsey endorses India's green stand
The Times of India; 22 May 2009
After the World Bank endorsed India's stand in international
climate negotiations, McKinsey and Company in its yet to
be released study has acclaimed that India is already on
way to becoming one of the least carbon intensive countries
in the world even as it continues to climb up at a healthy
7.5% economic growth rate.....more>>
US wants India's help on climate change issue
The Times of India, 22 May 2009
The Obama Administration is all set to embark on a dialogue
with India on addressing climate change and related issues,
similar to a mechanism it currently has with China, US Secretary
of State Hillary Clinton said.....more>>
World Bank support for India’s climate change
stance
Mint; 15 May 2009
a multilateral agency has endorsed India’s stance
on climate change: that it cannot undertake deep emission
cuts without sacrificing poverty alleviation plans and development
needs.....more>>
TERI to support glaciers research in the Himalayas
The Hindu, 8 April 2009
A memorandum has been signed by TERI and the Indian Mountaineering
Foundation (IMF) to provide logistic support to researchers
studying at the high-altitude glaciers in the Himalayas....more>>
Dr R K Pachauri to Lead New Climate and Energy Institute
at Yale University
Businesswire India; 10 March 2009
Dr R K Pachauri, Director General of The Energy and Resources
Institute (TERI), has accepted the additional responsibility
of leading the newly established Yale Climate and Energy
Institute (YCEI), Yale University...more>>
Metro earns UN acclaim
The Asian Age, 23 February 2009
Delhi Metro has become the first rail network in the world
to get a UN certificate for preventing over 90,000 tonnes
of carbon dioxide from being released into the atmosphere,
doing its bit to fight against global
warming ...more>>
India awaits Obama’s stand on green energy
for carbon trading prospects
The Financial Express, 25 December 2008
India is now looking forward to US President-elect Mr Barak
Obama’s stand on climate change and green house gas
emission issues, much of which would determine the country’s
future in carbon trade...more>>
Population
Emerging population dynamics in India - Deshpande, S V
Deccan Herald; 12 March 2009
In the history of it’s population growth, India crossed
the one billion mark on May 11, 2000, standing next to China
in the world. And between 2000 and 2008, the population
boomed by another 16 crores...more>>
Transport
Fuel economy standards for cars get PMO green signal
The Times of India, 3 June 2009
The government has finally decided to implement auto fuel
economy standards...more>>
Corporate Social Responsibility
SME awards by TERI & HSBC
The Pioneer, 22 April 2010
TERI along with HSBC announced the HSBC Living Business
SME awards, recognizing the social commitment of SMEs. Marco
Food products bagged the first prize for building a school
for imparting free education to underprivileged children
of Ratnagiri district. Impetus Infotech (I) Pvt Ltd, figured
second in the fray for its community initiatives as English
speaking workshops, blood donation camps etc while Sports
Goods Foundation of India won a special prize for working
towards the prevention of child labour in the sporting goods
industry.
New Companies Bill stresses CSR
The Financial Express, 17 December 2009
The Companies Bill 2009 has proposed laying guidelines for
CSR (corporate social responsibility), although it does
not intend to infringe the voluntary aspect of CSR. Minister
of corporate affairs Mr Salman Khurseed has said the objective
of incorporating CSR in the Companies Bill is to guide India
Inc on the way of making money that helps inclusive growth...more>>
Sustainability meets sound business sense
The Economic Times, 25 August 2009
TERI is the winner of the Economic Times Award for Corporate
Excellence in the category, Corporate Citizen...more>>
Clinton to talk CSR with India Inc
The Financial Express; 17 July 2009
India Inc’s initiatives in corporate social responsibility
(CSR) will dominate the discussions between visiting US
secretary of state Ms Hillary Clinton and a 10-member team...more>>
Natural disasters
Indian Ocean tsunami warning system tested by 18
countries
Mint, 15 October 2009
For the first time after the December 2004 tsunami, 18 countries
tested the effectiveness of the new Indian Ocean Tsunami
Warning Mitigation System...more>>
Waste Management
EU to help India draw up waste management policy
The Hindu Business Line, 2 July 2010
EU (European Union) is providing technical expertise to
the Government as it drafts a policy framework for waste
management, said Ms Daniele Smadja, Ambassador and Head
of the Delegation of the European Union in India, while
addressing a two day FICCI Environment Conclave 2010...more>>
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