Building

Developers step up focus on green buildings

This commentary was first published by The Economic Times. NEW DELHI: Developers are increasingly focusing on coming up with net zero energy buildings in cities across the country as the extreme water crisis Bengaluru residents are facing serves as a strong argument for green buildings.   According to Xynteo’s Build Ahead, a business-led initiative focused on […]

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Building

India’s buildings sector to overshoot country’s entire carbon budget: Report

This commentary was first published by The Economic Times. The countries are striving to achieve net-zero emissions (a balance between greenhouse gasses emitted and removed from the atmosphere) to limit the rise in global average temperatures to 1.5 degrees Celsius and prevent further worsening of climate impacts. Emissions from India’s buildings sector between 2020 and 2070 […]

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Building

Bank of Baroda launches green fixed deposit: Who can invest, interest rate, tenure of bob Earth Green Term Deposits

The Bob Earth Green Term Deposits allow depositors to earn excellent interest rates over a variety of tenors while also contributing to India’s shift to a greener, more sustainable economy.   After the State Bank of India, Bank of Baroda has now announced the launch of its green fixed deposit, bob Earth Green Term Deposit […]

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Building

Rooftop solar plants to be installed in 645 Delhi govt, MCD buildings, will create 50 MW capacity

The Delhi government has approved a solar policy to install rooftop solar plants on 645 buildings, including educational institutions and healthcare facilities. The initiative will help make the government buildings more energy-efficient, resulting in these becoming sustainable and completing their energy needs through self generation of power.   New Delhi: Under the Delhi government’s solar […]

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Building

Cabinet approves PM Surya Ghar: Muft Bijli Yojana scheme for installing rooftop solar in 10 million households.

 As per Union minister for power and new and renewable energy RK Singh, the government will identify households that consume up to 300 units of electricity a month for the new rooftop solar scheme.   The Union Cabinet on February 29 approved a rooftop solar scheme as ‘PM Surya Ghar: Muft Bijli Yojana’ to install […]

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Building

How PM Surya Ghar Muft Bijli Yojana is different from the previous rooftop solar scheme

The MNRE clarified that residential rooftop solar applications submitted before February 13, 2024 will not be eligible for the Central Financial Assistance (CFA) under the new scheme – PM Surya Ghar: Muft Bijli Yojana. They will be eligible for subsidies under the old regime.   On January 22, Prime Minister Narendra Modi said his first […]

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Building

According to PwC survey: Majority businesses committed to achieve net zero target.

On 9 Jan, PwC survey declared that about 50℅ of Indian businesses committed to achieve net zero emissions target and leftover 48℅ committed to achieve net zero emissions by 2030. The report is based totally on a market survey of nearly 250 tax heads, sustainability/ESG leaders, CFOs and CXOs of Indian corporations, spanning industries consisting […]

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