Wednesday, Apr 26 2017 | Time 00:06 Hrs(IST)
image
India Share

India Lab for boosting investment in green infrastructure

New Delhi, Nov 15 (UNI) India Innovation Lab for Green Finance has launched an initiative to identify and develop innovative finance instruments that can unlock investment in building green infrastructure in the country, to meet its sustainable development goals.
It took this initiative with the support of Ministry for New and Renewable Energy.
In a statement, the organisation said this was a new platform that would draw on business and Government leaders to identify, select and help implement ideas for instruments that would mitigate risks and drive more investment for clean growth in the country.
The India Lab will also open a call for ideas on November 23 and the information on how to submit ideas will be available at its website.
It seeks ideas that provide concrete solutions to the unique financing challenges to investment in green infrastructure in India. These ideas should address investors’ needs, in order to unlock more private investment.
The Lab will apply the successes and lessons learned through its sister initiative, the Global Innovation Lab for Climate Finance, to the country's unique challenges and opportunities.
Ideas will be assessed based on their potential to unlock investment for green infrastructure in India, and to establish that they are actionable, catalytic, innovative, and replicable. Up to four winners will be announced in February, and will receive support and expert advice from Lab members to develop and implement the ideas over the course of the next year.
The Lab aims to develop innovative solutions to financing renewable energy, energy efficiency, and sustainable urbanization infrastructure.
It may be mentioned that the Government has been taking several initiatives and promoting maximum utilization of clean energy and the Kochi International Airport is an example in this regard.
The Kochi Airport had become the first airport in the world to be powered entirely by the solar. This move would save around 300,000 tonnes worth of carbon emissions over the next 25 years, which is equivalent of planting three million trees.
In keeping with its objective to resort to more eco-friendly measures, the Railways recently had set up a one megawatt solar power plant at Shri Mata Vaishno Devi Katra Railway Station in J&K. It is also planning to install solar panels at more stations across the country.
Top energy CEOs and experts during Prime Minister Narendra Modi’s roundtable on renewable energy in San Jose, California during his US visit were of the view that States and cities in India should be allowed to take the lead in clean energy initiatives and India has the makings of becoming the "clean energy world capital."

UNI RBE SHS 1304
Top News
Sukma Naxal attack: Centre to review strategy; pall of gloom in C'garh

Sukma Naxal attack: Centre to review strategy; pall of gloom in C'garh

Raipur/New Delhi, Apr 25 (UNI) Anti-Left Wing Extremism strategy would be reviewed and an appropriate response would be given in due course, the Centre said today, a day after 25 CRPF jawans were martyred and their weapons looted in a ghastly attack by Naxals at Burkpal village in Sukma district of Chhattisgarh.

see more..
   
25 Apr 2017 | 7:49 PM
Farmers should also be brought under tax net: Debroy

Farmers should also be brought under tax net: Debroy

New Delhi, Apr 25 (UNI) NITI Aayog member Bibek Debroy today advocated to bring farmer’s income into income tax net as par with the existing one for the common urban people so that the tax net could get widened.

see more..
   
25 Apr 2017 | 7:27 PM
CBI files FIR against former CBI director Ranjit Sinha in coal block allocation case

CBI files FIR against former CBI director Ranjit Sinha in coal block allocation case

New Delhi, Apr 25 (UNI) The Central Bureau of Investigation today filed a case against its former director Ranjit Sinha in a case relating to "influencing" probe into the coal block allocation cases, sources said.

see more..
   
25 Apr 2017 | 8:17 PM
Pakistan-based hackers hack IIT Delhi, AMU & DU official website

Pakistan-based hackers hack IIT Delhi, AMU & DU official website

New Delhi, Apr 25 (UNI) Alleged Pakistan-based hackers today have hacked the official websites country’s top educational institutions that include the Indian Institute of Technology (IIT) Delhi, Aligarh Muslim University (AMU) and Delhi University.

see more..
   
25 Apr 2017 | 8:07 PM
Uddhav Thackeray again pitches for Mohan Bhagwat for President post

Uddhav Thackeray again pitches for Mohan Bhagwat for President post

Mumbai, Apr 25 (UNI) Shiv Sena chief Uddhav Thackeray today again pitched for Rashtriya Swayamsevak Sangh (RSS) chief Mohan Bhagawat for the post of President.

see more..
   
25 Apr 2017 | 11:57 PM
Malegaon bomb blast: Sadhvi Pragya Singh granted bail, Lt Col Purohit's plea rejected

Malegaon bomb blast: Sadhvi Pragya Singh granted bail, Lt Col Purohit's plea rejected

Mumbai, Apr 25 (UNI) The Bombay High Court today granted bail to Sadhvi Pragya Singh Thakur in the 2008 Malegaon blast case on a cash surety of Rs 5 lakh with two sureties of the same amount for the bail.

see more..
   
25 Apr 2017 | 8:41 PM
Counting of votes for MCD polls to be held at 35 counting centres amid tight security

Counting of votes for MCD polls to be held at 35 counting centres amid tight security

New Delhi, Apr 25 (UNI) Counting of votes for the elections to the three Municipal corporations will start at 0800 hours tomorrow amid tight security arrangements.

see more..
   
25 Apr 2017 | 7:17 PM
Jindal wins prestigious Golden Peacock Award 2017

Jindal wins prestigious Golden Peacock Award 2017

25 Apr 2017 | 8:46 PM

New Delhi, Apr 25 (UNI) Jindal Stainless Limited, one of country’s largest integrated stainless steel manufacturers has been awarded with the prestigious Golden Peacock National Training Award 2017 in recognition of the innovative training practices in the steel sector.

Abhishek Bachchan felicitates ‘Green Heroes’ of western India at US Consulate Film Award ceremony

Abhishek Bachchan felicitates ‘Green Heroes’ of western India at US Consulate Film Award ceremony

25 Apr 2017 | 11:16 PM

Mumbai, Apr 25 (UNI) Bollywood actor Abhishek Bachchan today joined US Consul General Thomas L Vajda, Dr Ajay Mathur, director general of TERI and Jury members to felicitate 'Green Heroes' of western India who were showcased in short films highlighting the grassroots environmental work that the heroes are doing in their local communities.

TCS launches  'Merchant Pay '

TCS launches 'Merchant Pay '

25 Apr 2017 | 3:00 PM

Mumbai, Apr 25(UNI) IT major, Tata Consultancy Services (TCS), today announced the launch of 'Merchant Pay ' a unified transaction solution that will help retail organisations seamlessly integrate payments across multiple payment channels such as Aadhar, Credit or Debit card or even phone-based payments through a single interface.

image