Annual climate finance of $100B a must: BASIC meet

by | Aug 18, 2019 | Environment, Sustainability

BASIC ministers, meeting on climate change in São Paulo, Brazil, have urged developed countries to fulfill their climate finance commitments of mobilizing USD 100 billion annually by 2020 for developing countries.
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In the run-up to the United Nations Framework for Climate Change (UNFCC) Conference of Parties (COP-25) meet to be held later in the year from 2 to 13 December, the BASIC countries held its 28th Ministerial meeting on Climate Change from 14 to 16 August in São Paulo, Brazil.

India which was represented by Union Minister for Environment, Forest and Climate Change, Prakash Javadekar said that BASIC countries coming together and putting views together is an important aspect of UN negotiations. “Brazil, South Africa, India and China put together has one-third of world’s geographical area and nearly 40% of the world’s population and when we unitedly speak in one voice this shows our determination and the BASIC Group could play an important part in making Paris agreement accepted by all the countries in its true letter and spirit,” stressed Javadekar.

Javadekar further added that BASIC will be united and will speak in one voice and the joint statement issued today has highlighted all the issues which are relevant today and the world must take note of what BASIC is saying ,on the eve of United Nations Session on Climate Change and the next Conference of Parties (CoP25) in Chile.

The text of the joint statement follows (Joint Statement issued at the conclusion of the 28th BASIC Ministerial Meeting on Climate Change, São Paulo, Brazil, 16 August 2019):

1. The 28th BASIC Ministerial Meeting on Climate Change was held in Brasília and São Paulo, Brazil, on 14 and 16 August 2019. The meeting was chaired by H.E. Mr. Ricardo Salles, Minister of the Environment of Brazil and attended by H.E. Mr. XIE Zhenhua, Special Representative for Climate Change Affairs of the People’s Republic of China, H.E. Ms. Barbara Creecy, Minister of Environment, Forestry and Fisheries of the Republic of South Africa, and H.E. Mr. Prakash Javadekar, Minister for Environment, Forest and Climate Change of the Republic of India.

2. The BASIC Ministers expressed their concern for climate change and its adverse effects and reaffirmed their commitment to the successful implementation of the United Nations Framework Convention on Climate Change (UNFCCC), its Kyoto Protocol and its Paris Agreement, based on the recognition of the needs and special circumstances of developing countries and in accordance with the principles of Equity and Common But Differentiated Responsibilities and Respective Capabilities (CBDR-RC), in the light of different national circumstances. Ministers stated the importance of responsible, comprehensive, urgent and ambitious actions against climate change, including in the urban environment.

3. The Ministers stressed their support for the UNFCCC and its instruments, which remain the preeminent international forum for negotiating and addressing matters related to climate change. The BASIC countries reiterated their support for multilateralism, having made constructive engagements and significant contributions towards a series of milestones under the UNFCCC. They highlighted their determination to continue to work together with other Parties to further the process under the UNFCCC, which is irreversible.

4. Ministers underlined that BASIC countries are implementing ambitious climate action both in the pre-2020 period and in their proposed NDCs, having achieved substantial progress, notwithstanding the multiple challenges they face in terms of social and economic development and poverty eradication. They are committed to sharing best practices and supporting each other through south-south cooperation as they further develop their domestic climate policies and actions. They underscored that global climate action must promote climate justice by recognition of the fundamental right of all people in accessing economic growth and sustainable development.

5. Ministers took note of the synthesis report on pre-2020 implementation and ambition published by the UNFCCC Secretariat in September 2018. The Ministers highlighted the significant gaps in pre-2020 climate efforts not only in mitigation, but also in adaptation and support to developing countries. They underlined that time is of the essence for any meaningful pre-2020 action and that the implementation gaps should not present a burden to developing countries in the post-2020 period. They also urged developed countries to undertake ambitious actions to reduce emissions and fulfill their finance commitments, including in the pre-2020 period, in light of their historical responsibilities.

6. The 185 ratifications, to date, of the Paris Agreement were welcomed by BASIC Ministers. They called on all remaining Parties to UNFCCC to join the Paris Agreement as soon as possible. Ministers also welcomed the 130 ratifications, to date, of the Doha Amendment to the Kyoto Protocol and recalled that only 14 acceptance instruments are outstanding for the amendment to enter into force. They urged Parties that have not yet done so to ratify the Doha Amendment to the Kyoto Protocol as soon as possible, to ensure its prompt entry into force, given the valuable contribution it could make to global climate action leading up to 2020.

7. Ministers appreciated the role of the Polish Presidency, commending its contribution to the UNFCCC process, particularly the decisions adopted in Katowice, during COP 24, CMP 14 and CMA 1, including the bulk of the Paris Agreement Work Programme. They pledged the group’s full support to the incoming Chilean Presidency of COP 25 and emphasized the importance of moving forward and reaching concrete results in Santiago, which is a crucial opportunity for closing the action and ambition gaps before 2020.

8. Ministers reiterated their commitment to work together with all Parties in an open, transparent, inclusive and Party-driven manner to achieve a balanced and comprehensive outcome on all remaining items of the Paris Agreement Work Programme.

9. Ministers emphasized that the UNSG´s Climate Action Summit, to be held in September of this year, should be fully respectful of the principles and provisions of the UNFCCC, its Kyoto Protocol and its Paris Agreement, as well as existing aims, targets and mandates. They look forward for the Summit to send a strong political signal for global low-carbon, climate resilient and sustainable development and produce positive outcomes for pre-2020 ambition and implementation support for developing countries. The Ministers applauded the UN Secretary General’s efforts to build political momentum for enhancing climate action and support.

10. Ministers took note of the findings of the Intergovernmental Panel on Climate Change (IPCC) Special Report on global warming of 1.5 °C and the Special Report on Climate Change and Land, which highlights the high vulnerability of developing countries to climate change effects, high resultant costs of adaptation and unprecedented transitions required in the development process.

11. Ministers urged developed countries to provide adequate and predictable means of implementation to developing countries to enable them to achieve their climate goals. In this respect, developed countries are called upon to enhance support to developing countries for actions related to project or programme development and implementation, including on adaptation, mitigation and transparency. This must be done through adequate provision of finance, technology transfer, and capacity building to facilitate the effective implementation of the Convention, its Kyoto Protocol and its Paris Agreement.

12. Ministers reaffirmed that adaptation is a key imperative for developing countries and requires an urgent global response. They emphasized the importance of the provision of enhanced as well as predictable support for adaptation from developed countries to developing countries, recognizing the adaptation efforts of developing country Parties.

13. Ministers stressed that the enhanced transparency framework established by the Paris Agreement should facilitate exchange of information, best practices, as well as address the needs faced by developing countries, ensuring the required flexibility. Ministers underlined the significant challenges of developing countries on transparency-related capacities and urged developed countries to provide new, additional, adequate and timely finance support in this regard.

14. Ministers noted with concern the trend of developing countries being denied their right to support in different fora, including the Green Climate Fund (GCF) and the Global Environment Facility (GEF). They stressed in this regard that climate finance should not be a vehicle for increasing the indebtedness of developing countries.

15. The BASIC Ministers urged developed countries to fulfill their climate finance commitments of mobilizing USD 100 billion annually by 2020 for developing countries in a transparent manner and on a grant basis. This support should be new and additional, and over and above their 0.7% of GNP commitment with respect to Official Development Assistance (ODA). They noted with concern the insufficiency and inadequacy of the support provided by developed countries to date.

16. They stressed that the 2020 deliberations on the new collective quantified goal on finance should be based on the lessons drawn from experience relating to meeting the USD 100 billion pledge, informed by the needs of developing countries and adequate to meet the ambition. In this regard, they stressed the importance of establishing a structured deliberation within the UNFCCC, in order to conclude this work.

17. Ministers restated that a new collective quantified goal on finance by developed countries, with a significant publicly funded component, is one of the crucial signals that the regime under the UNFCCC must give to investors, both public and private, in order to match the urgency of climate change. Securing scaled-up, adequate and proper means and resources for developing countries is indispensable to enable them to meet their commitments and implement the Paris Agreement.

18. Ministers expressed the expectation that the first replenishment of the Green Climate Fund by the end of 2019 will double the initial resource mobilization pledge, ensuring that financial contributions by developed countries match the ambition, needs and priorities of developing countries.

19. The BASIC group underscored the importance of concluding the discussions on Article 6 of the Paris Agreement, one of the remaining issues from the Katowice package of decisions, which will assist those participating in implementing the Agreement in a cost effective manner. The Ministers recalled that decisions on other subjects should not pre-empt discussions under Article 6 and expressed their expectation of reaching a satisfactory outcome on this matter in December, at the Santiago COP. They underlined that Parties should address the Article 6 issues in a balanced and inclusive manner, including the issue of transition of projects under the Clean Development Mechanism. They highlighted that Parties have a strong foundation for future work on Article 6 and that it is important to conclude work in accordance with the mandates set out in the Paris Agreement and the accompanying decision.

20. Ministers noted the work of International Maritime Organization (IMO) and International Civil Aviation (ICAO) on reduction of carbon emissions and underscored that work being undertaken by IMO and ICAO must complement the UNFCCC, its Kyoto Protocol and its Paris Agreement and conform to their key principles, in particular Equity and CBDR-RC.

21. Ministers highlighted the importance of mechanisms on loss and damage under the UNFCCC and urged developed country Parties to provide funding for loss and damage arising from climate change in developing countries.

22. BASIC Ministers reiterated their unequivocal commitment to support the State of Palestine, as the Chair of the Group of 77 and China, with a view to strengthening the unity of the Group of 77 and China and advancing the common interests of developing countries.

23. Ministers welcomed the offer of China to host the 29th BASIC Ministerial Meeting.

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IEA review of India’s energy policies is out

IEA review of India’s energy policies is out

In-depth Review of India’s Energy Policies report by International Energy Agency (IEA) was launched in New Delhi today by Dharmendra Pradhan, Minister of Petroleum and Natural Gas & Steel, Pralhad Joshi, Minister of Coal, Mines and Parliamentary Affairs, Raj Kumar Singh, Minister of State (I/C) for Power and New and Renewable Energy, Rajiv Kumar, Vice Chairman, Niti Aayog, Ambassadors, Dr Fatih Birol, Executive Director, International Energy Agency, and Amitabh Kant, CEO, Niti Aayog.

Thanking Dr. Fatih Birol and his IEA team for coming up with a comprehensive Report covering India’s energy sector in its entirety, Pradhan said that IEA’s findings are a vindication of the significant advances made in realizing the energy vision enunciated by Prime Minister Narendra Modi, anchored by Energy Access, Energy Efficiency, Energy Sustainability and Energy Security, with Energy Justice at its core.

Pradhan said that India is now the third largest energy consumer in the world. India is in the midst of a major transformative shift in its energy sector. The energy polices already put in place by the Government and also those on the anvil, clearly demonstrate our determination to embrace this energy transition in a sustainable and responsible manner.

Pradhan said India is now the third largest energy consumer in the world. Pix: PIB

The Minister said that a number of path breaking initiatives launched by Indian Government since 2015, have redefined India’s commitment to sustainable energy. “Our key challenge as a developing country, with per capita energy consumption below the global average, is to meet the growing demand for energy. India made great strides in recent years towards achieving universal access to modern energy, including clean cooking and electricity, affordable, secure and cleaner energy for its people. The Report captures well the progress made in achieving sustainable energy for all, as reflected in the UN Sustainable Development Goal 7 (SDG 7). It does also highlight the persisting challenges to be focused in the coming days,” he added.

Talking about the Ujjwala Yojana, Pradhan said that the remotest corners of India have been touched for cleaner fuel access under it. “We are also sharing our experience with our friends in Africa and Asia to enable them to benefit from the best practices in promotion of LPG. I do recognize that we have more ground to cover and also to ensure that the initiatives are implemented for achieving universal coverage in the country,” the Minister said.

Pradhan said that India’s transformation to a gas-based economy and developing indigenously produced biofuels, apart from renewable energy and energy efficiency measures, can potentially achieve the much-needed carbon reductions. As part of the energy transition, decarbonisation of the energy sector is picking up momentum in India. “Given India’s development imperative, our thrust is on building oil and gas infrastructure to ensure access to affordable energy to all our citizens. The report notes that India is moving towards a gas-based economy,” he said.

Pradhan said that an estimated investment of 100 billion dollar in oil and gas infrastructure has been lined up. The gas pipeline network will soon be covering the length and breadth of the country; from Kutch in Western India to Kohima in the East, and from Kashmir in the North to Kanyakumari in the South. “In yet another important decision, our Government has approved viability Gap Funding/ Capital Grant at 60 percent of the estimated cost of Rs 9265 crore for the North East gas grid project to develop gas pipeline grid of 1656 Km in the eight States of the North-eastern region,” he said.

The Minister said that We are aggressively working to build City Gas Distribution Network covering more than 400 districts of India. This network will serve 72% of India’s population with cleaner and affordable gas over more than 50 % of India’s geography. Talking about the proposed Workshop on Natural Gas on 23 January in New Delhi, he said that it will bring together for the first time all relevant stakeholders under one roof. “I am confident that these initiatives in the gas sector would bring about a transformative change in India’s energy landscape,” Pradhan said.

The Minister said that the Report acknowledges Government’s efforts in making energy security as a prime policy priority, and recognizes the efficiency achieved due to Government’s relentless march in undertaking tectonic reforms in the energy sector and continued pursuit of market-based solutions. He said “We have taken note of IEA’s recommendation for reinforcement of India’s oil emergency response policy. Enhancing international engagement on global oil security issues is already an active goal being pursued by my Ministry. Energy has become an essential commodity in our bilateral trade engagements with several key trading partners and in positioning India as an important strategic player in global energy landscape.”

Talking about the diversification of oil sources and development of alternate resources of energy as such bio-fuel, he said that these are being undertaken on an accelerated mode. “We are on the way to achieve 20% ethanol blending in petrol and 5% bio-diesel in diesel by 2030. Indeed, to promote energy sustainability, our new National Biofuel policy focuses on waste-to-wealth creation and targets to generate various types of bio-fuels from agriculture residue and municipal waste,” Pradhan said.

Expressing deep concerned about the crude oil price volatility, the Minister said that today, we are meeting in the backdrop of rising tensions in the Middle East and its impact on stability and security in the region.

He said “We have taken several measures to ensure investor friendly environment. IEA has noted that during the period 2015 to 2018, investments in the energy sector in India recorded the second highest growth in the world. We are happy that global oil and gas majors like Saudi Aramco, ADNOC, BP, Shell, Total, Roseneft and ExxonMobil are making their significant presence in India.”

News source: PIB. 

ONGC leads CSR spend among oil PSUs

ONGC leads CSR spend among oil PSUs

Union Minister for Petroleum and Natural Gas Dharmendra Pradhan in a written reply in the Lok Sabha has provided the corporate social responsibility (CSR) expenditure details of Oil PSUs for the last three years. ONGC continues to lead the tally with a CSR spend of Rs 615 crore in 2018–19, recording a growth of 22% in the spend when compared to the spend of Rs 503 crore in 2017–18.

Oil PSUs have been undertaking CSR interventions around their work centers, earmarking 2% of their profits for CSR projects. CSR activities are undertaken under the heads identified under Schedule VII of the Companies Act 2013 with special focus on health (nutrition, sanitation, and drinking water), education, skill development, rural development, women empowerment, environment centric initiatives and care for the elderly and differently abled persons.

The CSR expenditure made by following Oil PSUs during the last three years are given below:

All figures are in Rs crore.

The project / activities wise details of the funds allocated and spent on the development and other works in various districts of the country including in Rajasthan, Maharashtra, Tamil Nadu and on water recharge and water harvesting in Gujarat during the last 3 years are available on the respective websites of the Oil PSUs.

CSR activities are undertaken by Oil PSUs themselves or through agencies/Departments of Central/State Governments as per their approved procedures.

Power Grid, Mahindra bag top CSR awards

Power Grid, Mahindra bag top CSR awards

President Ram Nath Kovind speaking at the CSR awards ceremony.

The President of India, Ram Nath Kovind, presented the National Corporate Social Responsibility Awards (NCSRA) in New Delhi today. The NCSRA has been instituted by the Ministry of Corporate Affairs to recognize outstanding contribution in the field of Corporate Social Responsibility (CSR).

Speaking on the occasion, the President noted that those sections of society that need the helping hand most are among the main beneficiaries of the CSR activities. He said that the corporations have, thus, made a worthy contribution towards the national goals. They are helping the nation progress towards the cherished goal of building a more equitable society. They have focused on sustainable projects creating a long-term impact.

The President said that broadly, CSR initiatives have been aligned with the national priorities such as public health, education, livelihoods, water conservation, sanitation, and natural resource management. He expressed hope that innovative solutions to persisting development challenges will emerge from the CSR activities.

The President also noted that the government is sensitive about the need to calibrate the CSR regime to make it more effective. In September, the scope of the CSR activities was widened to include more categories of research incubators. This thrust on research and development will immensely help innovators. He said that it is equally important to internalize social welfare in the corporate culture. He urged upon corporate to motivate their employees and sensitize them to this higher calling in service of the marginalized sections of society. He said that this single step will generate enough goodwill for wealth creators among ordinary people.

National CSR Awards have been instituted to recognize the Corporates whose initiatives in the area of CSR were aimed at achieving inclusive growth and sustainable development. The companies were awarded based on their strategic approach in CSR and its efforts in challenging circumstances, towards aspirational districts, difficult terrains/disturbed areas and national priority areas. Based on the submissions by the companies and reports of the independent assessment by CSR experts and the jury, 19 award winners and 19 honorable mentions across the three award categories were announced as per the list.

Winners in different categories:

S. No. Award Category Sub-category Name of Company
Corporate Award for Excellence in CSR CSR spend above INR 100 Crores Power Grid Corporation of India Limited
Corporate Award for Excellence in CSR CSR spend between INR 10 Crores 100 Crores Mahindra & Mahindra Limited
Corporate Award for Excellence in CSR CSR spend between INR 1 Crores 10 Crores Edelweiss Financial Services Limited
Corporate Award for Excellence in CSR CSR spend below INR 1 Crore Paranjape Autocast Pvt. Ltd.
CSR in Challenging Circumstances North India SRF Limited
CSR in Challenging Circumstances North-East India CRISIL Limited
CSR in Challenging Circumstances East India Bharat Financial Inclusion Limited
CSR in Challenging Circumstances West India Technip India Limited
CSR in Challenging Circumstances South India The Andhra Pradesh Mineral Development Corporation Limited
Contribution to the National Priority Areas Education Hindustan Petroleum Corporation Limited
Contribution to the National Priority Areas Skill Development and Livelihoods Hindalco Industries Limited
Contribution to the National Priority Areas Agriculture & Rural Development Mahindra and Mahindra Limited
Contribution to the National Priority Areas Health, Safe Drinking Water and Sanitation Mahanadi Coal Fields Limited
Contribution to the National Priority Areas Environment, Sustainable Development & Solar Energy Power Finance Corporation Limited
Contribution to the National Priority Areas Women & Child Development Indian Oil Corporation Limited
Contribution to the National Priority Areas Women & Child Development JSW Energy Limited
Contribution to the National Priority Areas Promotion of Sports Central Coalfields Limited
Contribution to the National Priority Areas Slum Area Development Equitas Holdings Limited
Contribution to the National Priority Areas Support to Differently abled Minda Corporation Limited

 

Honorable Mentions in different award categories: 

S. No. Award Category Sub-category Name of Company
Corporate Award for Excellence in CSR CSR spend above INR 100 Crores ITC Limited
Corporate Award for Excellence in CSR CSR spend above INR 100 Crores Tata Steel Limited
Corporate Award for Excellence in CSR CSR spend between INR 10 Crores 100 Crores National Aluminum Co. Limited
Corporate Award for Excellence in CSR CSR spend between INR 10 Crores 100 Crores Maruti Suzuki India Limited
Corporate Award for Excellence in CSR CSR spend between INR 1 Crores 10 Crores Tata Technologies Limited
CSR in Challenging Circumstances East India Hindustan Copper Limited
CSR in Challenging Circumstances East India Mecon Limited
CSR in Challenging Circumstances West India Adani Ports and Special Economic Zone Limited
CSR in Challenging Circumstances South India Mineral Exploration Corporation Limited
Contribution to the National Priority Areas Education Mahindra and Mahindra Limited
Contribution to the National Priority Areas Skill Development and Livelihoods JSW Steel Limited
Contribution to the National Priority Areas Agriculture & Rural Development HDFC Bank Limited
Contribution to the National Priority Areas Health, Safe Drinking Water and Sanitation Tata Sponge Iron Limited
Contribution to the National Priority Areas Health, Safe Drinking Water and Sanitation ITC Limited
Contribution to the National Priority Areas Environment, Sustainable Development & Solar Energy Schneider Electric IT
Contribution to the National Priority Areas Women & Child Development Rail Vikas Nigam Limited
Contribution to the National Priority Areas Promotion of Sports IndusInd Bank Limited
Contribution to the National Priority Areas Promotion of Sports India Infrastructure Finance Company Limited
Contribution to the National Priority Areas Support to Differently abled Hindustan Petroleum Corporation Limited

 

Clean Ganga Mission holds workshop on river flow

Clean Ganga Mission holds workshop on river flow

A two-day International Workshop on Environmental Flows Assessment and Implementation for India was held in New Delhi. Indian, European and international experiences were brought together by National Mission of Clean Ganga (NMCG), along with Indo-German Cooperation.
It is increasingly recognized that the goal of attaining healthy river ecosystems can best and most sustainably be reached by integrated environmental management. The workshop includes discussions on Environmental Flows assessment and Implementation for sustainable river basin management, and various aspects of E-Flows in depth. Relevant Indian implementers and stakeholders along with national experts and International experts including those from Germany, Austria, United Kingdom, Bhutan, Poland, The Netherlands and South Africa are present during the workshop.

In order to advance the successful e-flows implementation in India, this workshop aims to bring Indian, European and international experiences together. A rich variety of cutting- edge topics and expert speakers from various backgrounds serve to promote challenges and solutions regarding e-flows assessment and implementation.

International workshop on Environmental Flows Assessment and Implementation for India was inaugurated by Gajendra Singh Shekhawat, Union Minister for Jal Shakti at Delhi. The exchange of Indian, European and international experiences was brought together by National Mission of Clean Ganga (NMCG) along with the Indo-German Cooperation with its project “Support to Ganga Rejuvenation” (SGR). Shekhawat also formally released the first version of the Guidance Document on Environment flow assessment in India. The deliberations in this workshop and further research work would help in coming up with advanced version of this e-flow guidance document in future.

It is already accepted around the globe, that the demand for water is increasing due to population growth, rapid urbanization and industrialization and that rivers are a critical natural resource, crucial for human well-being. The Ganga River, for example, supports a population of more than 400 million people by providing a multitude of domestic, agricultural, industrial, and power generation uses, and it also serves for recreational, livelihood and spiritual purposes.

The Ganga provides a unique ecosystem, which is home to India’s National Aquatic animal the Gangetic Dolphin, as well as Gharials, turtles and several birds and other wild animals. Other rivers like Godavari, Krishna, Mahanadi etc. are also crucial ecosystems and sources for ecosystem services for us and we need to protect these towards sustainability and equitable water use.

Given the current scenario, Gajendra Singh Shekhawat said that, “We are committed to protect these lifelines for our future generations. We have the identified aim of Aviral and Nirmal Dhara- continuous and clean flows as our tribute to Mother Ganga and we intend to extend this to all other rivers in the country.” He added further that, “Maintaining Environmental-Flows in rivers is very important not only for the country but worldwide since water has become a global challenge. We have to come together and act together to tackle this global challenge.”

“Under the Namami Gange programme, we have been quite serious about maintaining the continuous flow of Ganga. Last year, we recognized the minimum river flow to be maintained and also notified. We have started monitoring for its implementation as well.

We have made a beginning, but there’s a lot to learn from experiences of other countries where this has developed over a period of time” added Rajiv Ranjan Mishra, DG, NMCG. The international workshop aims to assist in the e-flows implementation in India by answering the following questions:

  1. What are the overall aims and targets for e-flows assessment in India?
  2. What are the short- and long-term steps to implement e-flows according to the overall aims and targets.

“We will learn from their vast experience and will also learn from the national experts present regarding the different scenarios within India,” emphasized Mishra, DG, NMCG.
In India, the European Union through the India-EU Water Partnership (IEWP) as well as the Indo-German Cooperation with its project “Support to Ganga Rejuvenation” (SGR) in order to promote cooperation in the water sector, has brought together stakeholders, such as governmental institutions, businesses and the civil society. Currently, a guidance document on the “Assessment of Environmental Flows in India” is being developed as part of the IEWP Action Plan and the draft version was launched during the workshop by the Minister, Jal Shakti.

MNRE refutes doubts on meeting 2022 RE targets

MNRE refutes doubts on meeting 2022 RE targets

Reports have appeared in a section of media, citing a CRISIL report, that India may fall short of its declared renewable energy target of 1,75,000 MW by the year 2022. The Ministry of New & Renewable Energy has refuted such claims. Full text of Ministry’s rebuttal is as below –

“In some of the recent media reports apprehensions have been raised whether India would be able to achieve 1,75,000 MW renewable power installed capacity target by the year 2022. All these have cited the CRISIL report of September 2019.

However, the doubts are ill-founded and not reflective of the status on the ground and plans ahead. By the end of September 2019, India has installed more than 82,580 MW of renewable energy capacity with around 31,150 MW of capacity under various stages of installation. Thus, by the first quarter of 2021, India would have installed more than 1,13,000 MW of renewable power capacity. This would constitute nearly 65 per cent of the targeted capacity. Besides this, around 39,000 MW of renewable power capacity is at various stages of bidding which would be installed by September 2021, taking the percentage of installed capacity to over 87 percentage of the targeted capacity. With only 23,000 MW of renewable power capacity left to bid, India is confident that the target of installing 1,75,000 MW of renewable power capacity will not only be met but exceeded.

The Ministry has worked systematically to resolve various issues that arise from time to time, putting in place facilitative and ease of doing business policies and programs for achieving the goal. Renewable power industry, developers, investors and other stakeholders have lauded Ministry’s efforts nontransparent bidding and facilitation for procurement of power at competitive rates. These initiatives have resulted in significant downward trend in solar and wind power tariffs. The wind power tariffs has fallen from Rs 4.18 per unit in 2016 to Rs 2.43 per unit during last year and even today it remains below Rs 2.75 per unit. Similarly, the solar tariffs have fallen from Rs 4.43 per unit (with VGF) to Rs 2.44per unit. The Government of India’s endeavor remain that renewable power is procured at a rate which is acceptable to distribution companies.

Since March 2014, India’s renewable power capacity has increased from 34000 MW to 82,580 MW recording 138 percent growth. Globally, India stands 5th in solar power, 4th in wind power, and 4th in total renewable power installed capacity. If large hydro included, India stands 3rd in renewable power capacity globally. India’s renewable energy program is much beyond production of electricity and covers a basket of applications including use of solar thermal energy for cooling, heating, drying and other industrial applications. Renewable energy has emerged as a true multi-benefit system, combining ecological necessities with domestic priorities, economic and job creation opportunities.

The journey for expanding the share of renewables in the energy mix has not been without continuous challenges. When the State Government of Andhra Pradesh announced intention to revisit already signed Power Purchase Agreements (PPAs), the Ministry very quickly clarified that no PPAs can be revisited unless there is a clause to do so in such agreement or a case of malafide of corruption is proved beyond doubt.

The Ministry in consultation with the respective Governments is addressing the issues of allocation of land in Gujarat and revision of land facilitation charges in Rajasthan. Plan for erecting 66,500MW of additional transmission system to ensure evacuation and injection of 1,75,000 MW of power into the main grid is under implementation. The additional transmission would come by October 2021 in phases depending on location-based requirements. Also, the Ministry is in the process of developing Ultra Mega Renewable Energy Parks to overcome the problem of land allocation. These parks will have dedicated transmission. First such park is being planned in Dholera, Gujarat by SECI. These apart, the Ministry has strengthened PPA clauses for strengthening investors’ confidence. For mitigating off-takers risk and ensuring timely payments to developers, the Ministry has made letter of credit must for purchase of power by distribution companies.

The Ministry has launched three new schemes. The first is the Central Public Sector Undertaking (CPSU) Scheme Phase-ll for setting up 12,000 MW grid-connected SPV Power Projects, by the Government Producers with Viability Gap Funding (VGF) support of Rs 8,580 crore for self-use or use by Government or Government entities, both Central and State Governments. The Scheme mandates use of both SPVcells and modules manufactured domestically as per specifications and testing requirements.

The second is PM-KUSUM (Pradhan Mantri Kisan Urja Suraksha evem Utthan Mahabhiyan) scheme to be implemented over next four years for de-dieselization of the farm sector and increasing farmers’ energy independence and income. Under the scheme, India has plans to provide 1.75 million stand-alone solar agriculture pumps and carry out solarization of 1 million grid connected agriculture pumps by the year 2022. Under the same scheme, Government is also encouraging farmers to set up small solar plants of the size of 500 KW to 2 MW on barren lands for their additional income. Three components combined, the scheme aims to add a solar capacity of 25,750 MW by 2022. The total central financial support provided under the scheme would be Rs 34,422 crore. The third is Roof Top Solar Phase-II program SRISTI (Sustainable Rooftop Implementation for Solar Transfiguration of India) scheme for accelerated deployment of solar roof top systems in the country. Under this scheme Central Financial Assistance for 4000 MW of small roof top capacity and incentives to Distribution Companies for 18,000 MW capacity by 2022 have been provided. These schemes will also act as catalyst for adding solar cell and module manufacturing capacity in India. Further, the Tariff Policy is being revised to ensure timely adoption of tariffs.

The CRISIL report being referred to by the media is neither factually correct nor takes into account initiatives taken by the Ministry of New and Renewable Energy to facilitate accelerated development and deployment of renewable energy in the country. This report lacks in credibility in all respects as CRISIL did not even bother to consult this Ministry for its views.  The Ministry says it is not only confident of meeting 1,75,000 MW target but exceeding it by 2022.

Tata Motors launches 213-km range Tigor EV

Tata Motors launches 213-km range Tigor EV

Following the introduction of Tigor EV for Government and fleet consumers, Tata Motors today announced the launch of its extended range Tigor EV Electric Sedan, with a range of 213 km, certified by ARAI. It will be available in 3 variants – XE+, XM+ and XT+ – for both fleet and personal segment customers. The new Tigor EV will be available across 30 cities, at a starting price of Rs. 9.44 lakh, ex-showroom Delhi (after deducting Govt. subsidies). This vehicle qualifies for a FAME II incentive for eligible commercial customers.

The new extended version offers an enhanced driving range, low cost of ownership, connectivity, comfort of a sedan and zero emissions.Speaking on the launch of this new variant, Ashesh Dhar, Head – Sales, Marketing and Customer Service, Electric Vehicle Business, Tata Motors Ltd. said, “Tigor EV Extended Range model aptly addresses the requirements of longer range applications and also provides higher revenue earning potential for our commercial customers. This new version builds on the success of the award winning Tigor EV, which is already deployed with several fleets and Government customers. This launch reinforces our commitment towards sustainable mobility solutions in India.”The new Tigor EV will have two driving modes – ‘Drive’ and ‘Sport’. It will also come with features like:

Exterior Interior
Signature EV decals Classic black & grey interior
Premium front grille Immersive sound experience by Harman™
Stylish alloys Single speed transmission
Shark-fin antenna & LED high mounted stop lamp Height adjustable seat
Three elegant colours:
Pearlescent white, Egyptian blue and Roman silver		 Superior seat fabric

The Battery

  • With a 21.5 kWh battery pack, the new model offers a significantly longer range
  • Battery cooling system is designed to ensure consistent performance even in extreme ambient temperature conditions
  • The car has 2 charging ports – fast charging as well as slow AC charging

Additionally, the vehicle will be equipped with dual airbags (XE+ variant with Driver Airbag only) and an anti-lock braking system as standard safety features. The vehicle also comes with an inbuilt warranty of 3 years or 1.25 lakh kms, whichever is earlier.

 

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