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
17 April 2011 Bangladesh: Solar power changes lifestyle bringing modern facilities in remote areas Energy Bangla
17 April 2011 India: ONGC Videsh gets foothold in Kazakh Business Standard
15 April 2011 NRL to build 100 km pipeline from India to Bangladesh for Rs 150 crore The Economic Times
14 April 2011 Malaysia to set up energy development agency - report Reuters
12 April 2011 Pakistan to build its first on-grid solar electricity system Green Optimistic
7 April 2011 China to encourage foreign investment in oil and gas China Daily
7 April 2011 India: Cabinet OK for national clean energy fund The Economic Times
31 March 2011 Going green made compulsory for large scale constructions in Sri Lanka Colombo Page
31 March 2011 India favourite destination for clean energy The Hindu

 
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...