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Renewable Energy Seen Generating One Million Jobs

According to reports, as India, the world’s third-largest emitter of greenhouse gases but 127th in terms of per capita emissions, ponders over an energy-balanced growth, jobs creation and environment protection in the future, there is encouraging news. The renewable energy sector, a particular focus of attention for Prime Minister Narendra Modi, has generated 400,000 jobs till 2014, according to a report released by the International Renewable Energy Agency (IRENA). The sector could generate a million jobs by 2022, if the ... Read More »

TNERC re-nominates Nine SAC Members

According to reports, Tamil Nadu Electricity Regulatory Commission (TNERC) has re-nominated nine persons as members of its State Advisory Committee (SAC). The SAC normally consists of 21 members, including four ex-officio members, TNERC Chairman and two members and secretary of the Co-operation, Food and Consumer Protection Department. TNERC Secretary S Gunasekaran in a recent notification has re-nominated nine persons as SAC members. Secretary of the Energy Department was appointed as government representative, Chairman and Managing Director of Tamil Nadu Electricity ... Read More »

Electric vehicle Zbee on Delhi roads soon

According to reports, by July this year, you will be able to enjoy a safe ride in the electric vehicle Zbee for your shopping trip to the mall. Developed by Swedish company Clean Motion, the 230-kg eco-friendly vehicle will ply on Delhi roads to offer last mile connectivity from metro stations. “We have tied up with DLF and the pilot in Delhi will see 50-75 vehicles connecting DLF Place Saket mall with Malviya Nagar station. The second phase will see these vehicles ... Read More »

Infosys will spend Rs 400 crore to become carbon neutral

According to reports, Infosys will spend about Rs 400 crore over the next four years to achieve carbon-neutrality on commuting and travel by its nearly 1.8 lakh employees and in doing so deepen its commitment to sustainability, a senior executive at India’s second-largest software services company said. The Bengaluru-based company will have to offset 3.74 lakh tonne of carbon dioxide attributed to employees’ travel, and it will spend Rs 70 crore this year on initiatives such as installing solar projects ... Read More »

Former CEO of Tata Power Solar joins Sumant Sinha’s ReNew Power

According to reports, Sumant Sinha-promoted ReNew Power Ventures has announced the appointment of Ajay K Goel as President, Solar and Chief New Businesses. Goel was earlier Chief Executive Officer at Tata Power Solar and has also worked with SunEdison, Brightsource Energy and McKinsey. In his new role, Goel will be responsible for building new businesses on the distribution side of the solar sector and would focus on the commercial, industrial and residential segments. “This will entail creating end-to-end innovative solutions ... Read More »

Telengana State appoints Energy Advisor

According to reports, the Government of Telangana has appointed Rajendra Prasad Singh, former Chairman of the Power Grid Corporation of India Ltd (PGCIL), as its Advisor on energy sector to guide it in implementing the plans for capacity addition in power generation and to make the State self-sufficient in the next four years. Chief Minister K. Chandrasekhar Rao has already outlined his plans for the energy sector expansion in the State by entrusting TSGenco with the task of capacity addition ... Read More »

Verdict on Hindustan Zinc case a precedent by apex court

According to reports, in a precedent-setting judgement pronounced last week, the Supreme Court of India has laid down that owning a captive power plant does not absolve a company of its obligation to purchase part of its power consumption from green sources, such as wind and solar. The judgement implies that the various companies who have not been buying green power by taking shelter under a legal ambivalence, now face enforcement of their obligations. The case pertains to an appeal ... Read More »

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