The MoU was signed to demonstrate the feasibility of hydrogen co-firing blended with natural gas in order to achieve India's net zero emission targets and to de-carbonise the process of power generation,
.The MoU involves the two institutions working to jointly organise a set of activities to facilitate the implementation of mitigation action in the energy sector, facilitate the implementation of Nationally Determined Contributions (NDCs) and Long-term Low Emission Development Strategies.
Trump’s pullout rekindles a contentious debate on whether high-growth emerging economies should cut emissions as much as developing economies, who have long exploited cheap fossil fuel for decades and are still the world’s largest producers.
India stands by its commitment in the Paris climate change deal. Energy chief Piyush Goyal states that India will not affected by Trump's verdict.
The wind energy sector can easily achieve the target of 60 GW by 2022, and also harness the export potential of 10 GW (~ USD 10 billion), if the following recommendations can be considered in the upcoming Union Budget, says Tulsi Tanti, Chairman and Managing Director, Suzlon Group.
Raising doubts about US' stand on Paris climate deal (COP21), Oil Minister Dharmendra Pradhan today said now there is a question mark what would happen to the deal when President-elect Donald Trump takes charge.
During the Paris climate meet in December last, more than 190 nations had agreed on setting ambitious goals for capping global warming and funnelling trillions of dollars to poor countries facing climate catastrophe.
"Prime Minister has announced that India will ratify the Paris agreement, implying the agreement arrived at in Paris has been accepted by India in binding. The goals decided, the targets fixed with regards to climate change, 55 nations will come together to achieve this, later more countries will come.
The US today welcomed India's surprise decision to ratify the key Paris Climate Change agreement on October 2.
"The Ministry of New and Renewable Energy is working on an integrated bioenergy mission with an indicative outlay of Rs 10,000 crore from 2017-18 to 2021-22," a senior official said.
According to the joint report by international law firm Eversheds and M&A intelligence service provider Mergermarket, private equity investment in the Asia-Pacific energy space totaled USD 11.9 billion in 2015, with 17 buyouts - the best performance since 2007.
"In this favourable environment, even after more recent bond market headwinds, and assuming a resumption of the growth rates seen in 2012-14, issuance could exceed USD 50 billion by a significant margin," Moody's VP Henry Shilling said.
Hailing the Prime Minister, Hollande said "without Modi's intervention on climate justice, there would not have been any agreement." Impressed by Chandigarh, he said "I wish that the work of Le Corbusier, that can be admired in Chandigarh, be recognised by UNESCO.
The minister said that today, four major states – Uttar Pradesh, Bihar, Odisha and Maharashtra -- have agreed to join UDAY. With a total of 15 states joining UDAY, 90 percent of over Rs 4 lakh crore debt of discoms will be covered under the scheme.
People are aspiring for better quality of life and power is an essential ingredient in that. I am very convinced that all the states will come on board for UDAY Scheme, said Power and Coal Minister, Piyush Goyal.
Angel Gurria, the secretary-general of the OECD, told CNBC Thursday that "there's been a lot of progress" at the global summit on climate change, known as COP21, but more work needed to be done ahead of a deadline for world leaders to come up with a global agreement on limiting greenhouse gas and temperature rises by Friday.
"India is on its way to becoming the energy efficiency hub of the world. The programmes launched by the government are world-beating. People are now looking at India for best practices in energy efficiency and demand side management," said coal," said India's key negotiator Ajay Mathur at COP21.
About 70 fires have sprouted up at eastern India's Jharia coal fields, which cover more than 100 square miles and have been mined since the late 1800s. The first recorded coal fired broke out in 1916, and fires have burned there ever since.
Modi, who had a packed schedule during his stay here, also met US President Barack Obama on the sidelines of the climate conference and held a bilateral meeting with Japanese Premier Shinzo Abe.
Indian Environment Ministry officials said that Modi will inaugurate the pavilion by switching on the water screen which will have the message of "just climate action" on it.
The Prime Minister will inaugurate the Indian pavilion at the climate change summit on Monday and will address leaders and delegates from across the world at the summit. He will also jointly launch the India-mooted International Solar Alliance with French President Francois Hollande on Monday.
The Talkathon was organised to highlight India's efforts in the run up to the UN Climate Change Conference in Paris (COP21).
The Africa Climate Business Plan will be presented on November 30 at the COP21 environmental summit in Paris.
The plan will be presented at COP21, the 12-day UN climate summit that opens Monday in Paris.
Terming the upcoming climate change conference in Paris as "important", a noted green economist today claimed that the summit's failure would "dramatically increase" the risk of global environmental catastrophe.