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Energy Efficiency & Environment including Circular Economy

MoU between Railways and DFID in green energy field approved by Cabinet

As part of its obligations & commitment to reduce carbon footprints, Indian Railways is taking several initiatives in the field of Green Energy to achieve the same. Complete electrification of Railway network has been approved by Cabinet Committee on Economic Affairs which will reduce its carbon footprint and will also improve its finances through a reduction in fuel cost. In line with this, a MoU was signed between the Ministry of Railways, & Department for International Development, the United Kingdom on 2nd Dec 2019 for collaboration on energy and sustainability.


ADB Provides $250 Million to Expand Energy Efficiency Investments in India

The Asian Development Bank (ADB) has approved a loan of $250 million as part of an assistance package to Energy Efficiency Services Limited (EESL), a public sector energy service company, to expand energy efficiency investments in India. India has seen strong economic expansion over the last decade and a half, a period in which carbon dioxide emissions from fuel combustion have outpaced economic growth, reaching more than 2 billion tons in 2016, compared to 890,000 tons in 2000. The country is still largely dependent on fossil fuels, particularly coal power.


Govt. In Process of Finalizing New Energy Policy: NITI Official

NITI Aayog Additional Secretary (Energy) said that the government is in the process of finalizing an energy policy for the country. The new policy will address the issues of accessibility and affordability, energy security, thrust on clean source energy and the overall requirement of energy. Highlighting the potential of energy storage in India, the policy will also focus on Make in India for cells used in battery in electric vehicles along with policy for demand creation and measures to incentivize investments.

EESL Joins Hands with NIIF for Roll-Out of Smart Meter Program in India

The National Investment & Infrastructure Fund (NIIF) & Energy Efficiency Services Ltd. (EESL), announced a new joint venture called Intellismart Infrastructure Private Limited or ‘IntelliSmart.’ This joint venture has been formed to implement, finance and operate the smart meter roll-out program of power distribution companies. Smart meters will play a transformational role in bringing efficiencies and generating significant commercial benefits for power distribution companies, while at the same time empowering end-consumers to make informed choices regarding power consumption.

NTPC to invest Rs 25K crore to set up solar park

NTPC, India’s largest power company, will not undertake any new coal-based generation for the next few years as part of measures to reduce its carbon footprint and has decided to invest about Rs 25,000 crore (€3.12 bn) to set up one of the world’s largest solar parks at Kutch in Gujarat. The solar park will be developed in phases over the next five years. The company also expects to disconnect some of its coal-based capacity from morning till evening to make way for affordable solar and wind power generation, said a senior company official.

India, Germany to collaborate on Mumbai Metro and solar energy projects: German official

India and Germany will collaborate on Mumbai Metro and solar energy projects as part of a bilateral cooperation in energy and urban development sectors, as per Germany's Ministry of Economic Cooperation. Director General (Bilateral Cooperation) of the Federal Ministry for Economic Cooperation and Development said, "Germany has pledged an amount of 1.6 billion euros for projects in energy and energy efficiency and in natural resource management as well as in urban development and urban re-motorisation,"