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July, 2009 Finance minister has reduced the custom duty on permanent magnet, a driect-drive generator used in small wind turbine, from 7.5 percent to 5 percent. This is believed to encourage wind power generators and accomplish India’s XIth Five Year Plan Period (2007-12) target of generating 10,500 MW wind power....

Suzlon Energy Limited (Suzlon), has ensured a strategic partnership with EUFER, which is a joint-venture between ENEL Green Energy and Spanish Utility UNION FENOSA for renewable energy business in Spain and Portugal. Suzlon will supply and install Suzlon’s 2.1 megawatt (MW) wind turbines for wind farms totalizing 224.5 MW. These...

National Thermal Power Corp (NTPC) has planned to increase its production capacity through a sustainable energy mix. For this, it is exploring the renewable energy sector. The firm has targeted to generate 3,300 MW power in the financial year 2009-10 which also includes power generation form renewable sources. In this...

India is currently the fourth-largest generator of wind power in the world. During the 10th Plan (2002-2007), India saw installation of 5,426 Mw of wind power generation capacity, as against the target of 2,200 Mw. The XIth Five Year Plan Period (2007-12) has fixed a target of 10,500 MW. To...

Update, Sep 2012: Please note that this blog post was originally written way back in the dark ages – in Jul 2009 – though a few points were added later on. The data, assumptions and a lot many other inputs would hence be very different for those reading it 2012...

DSCL ESCO (part of the DCM Shriram Group) is a leading Energy Service Company (ESCO) in India and have been awarded the Best Energy Service Company for three successive years (2001-02, 2002-03 & 2003-04) by Petroleum Conservation Research Association. The company was established to revolutionize the knowledge sector with pioneering...

In order to form a closed knit group of investors interested in sustainability space, New Ventures India – launched the Green Investor Network at the Investor Forum in Nov 2007, which serves as a platform for investors to interact with sustainable enterprises. The goal of the Green Investor Network is...

India currently has a relatively small energy services companies industry compared to that for China and developed countries. This detailed white paper provides inputs and insights on this industry and suggests recommendations that could make this a much larger and value-adding industry in future. The white paper has been developed...

New Ventures India invests in sustainability oriented companies in India. The company has facilitated over $20 million in environment friendly Indian businesses It is inviting business plans from environment friendly businesses; the last day for submissions is Aug 8, 2009. The Call for Business Proposals intends to: * Identify SMEs...

Dr Satyanarayanan, founder of Veda Climate Change Solutions Limited (VCCSL), is making money from selling timber from the sustainably harvested trees to JK Paper Mills and will soon make more funds from the trees for observing the carbon. VCCSL is developing a network of tree planting operations to promote livelihood...