News Update

Asia's significance and contribution to global issues of energy, climate change and sustainable development has been steadily growing. The update highlights some of the major news stories from various Asian countries offering an overview of the issues, prospects and challenges in the region.

 

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Date News Title Source
6 May 2011 Sri Lanka goes solar for rural lighting Lanka Business Online
2 May 2011 Pakistan: ENERCON, SME Leasing ink agreement to promote energy efficient equipment Business Recorder
25 April 2011 China set to unearth shale gas power Business Standard
25 April 2011 Energy conservation investment to reach US$4 billion Tempo Interactive
25 April 2011 India: CERC to audit price discovery mechanism at power exchanges Business Standard
23 April 2011 India: Plan panel's working group to prepare road map for growth of power sector The Financial Express
21 April 2011 Bangladesh: Gazprom to drill five gas wells Financial Express
20 April 2011 India: $ 150 million ADB guarantee to support solar power The Hindu
19 April 2011 India in talks with Indonesia, Kuwait for LNG supply The Economic Times

 
India: Rs 2000 million for clean energy fund
The Tribune, 1 March 2011

The government has promised to resolve vexed environmental issues in a time bound manner and provided for the Environment Ministry a minor increase in the Budget, taking the allocation up to Rs 24,919.7 million from Rs 23,855.2 million in the financial year 2010/11. The Finance Minister has put on the table Rs 2000 million for NCEF (National Clean Energy Fund) for protection of forests. The Budget has provided another Rs 2000 million for cleaning "many rivers and lakes of cultural and historical significance". Additional green efforts come in the form of concessions to environment friendly items. The government will also launch the National Mission for Hybrid and Electric Vehicles in collaboration with stakeholders to provide green and clean transportation for the masses. The Finance Minister has given tax exemptions to hybrid and electric vehicles, LED bulbs and fixtures and solar lanterns.  Read full story...