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
31 October 2011 ADB boosts Pakistan wind power capacity Pakistan Observer
31 October 2011 Demand for natural gas in India likely to go up to 473 mmscmd The Statesman
27 October 2011 Bangladesh-China joint venture to explore gas-BAPEX Reuters
24 October 2011 TERI’s solar lanterns light up lives of under-privileged children of Gyan Shakti Vidyalaya in NOIDA Business Wire India
21 October 2011 India: Plan panel pitches for $10 billion war chest to buy up global energy assets The Financial Express
20 October 2011 Pakistan: 22 wind energy projects of 50 MW each at different stages of development Business Recorder
15 October 2011 India: Companies scramble to set up solar power projects The Economic Times
12 October 2011 Pakistan: ADB to fund new $97m hydropower plant The Tribune
11 October 2011 China introduces nationwide resource tax, adjusts rate China Daily

 
India: Amid green patch, funding concerns sprout
Mint, 2 August 2011

Realizing that India needs to diversify its energy mix, the government is focusing on alternative, renewable energy options. The high production cost and its effect on state power utilities' budgets, however, is viewed as a deterrent. The country is among the top five nations in the world with a renewable energy production capacity of 20,000 MW and an additional 2500 MW of capacity being added every year, according to India's ministry of new and renewable energy. Even as India has to import nearly three-fourths of its energy needs because of a limited stock of conventional energy sources, the country's renewable energy potential is 100,000 MW from solar energy alone and an additional 85,000 MW from non-solar sources such as hydro and wind. The Central Electricity Regulatory Commission has come up with guidelines on issuing renewable energy certificates to promote green energy. Certificate holders will be able to sell green energy to states, individuals or other trading entities. States have been allotted different renewable energy purchase obligations.  Read full story...