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- Mixed set of earnings from the V-Guard and Crompton Greaves Consumer Electrical
State-run Bharat Heavy Electricals Ltd on Monday said the company is setting up a network of...
In support of environmental conservation, Korean technology giant Samsung will be replacing plastic packaging materials for its products, presently deemed ‘non-recyclable’, with paper and other environmentally sustainable materials. The company has also increased the usage of non-conventional energy sources by going solar at its R&D centre in Bengaluru.
From the first half of 2019, the packaging used currently for Samsung’s products and accessories—ranging from mobile phones and tablets to home appliances—will be substituted with environmentally sustainable materials like recycled/bio-based plastics and paper. To revamp product packaging, Samsung Electronics has formed a taskforce involving design and development, purchasing, marketing and quality control for innovative packaging ideas.
“Samsung Electronics is stepping up in addressing society’s environmental issues such as resource depletion and plastic wastes,” said Gyeong-bin Jeon, head of Samsung’s Global Customer Satisfaction Centre. “We are committed to recycling resources and minimising pollution coming from our products. We will adopt more environmentally sustainable materials even if it means an increase in cost.”
For mobile phone, tablet and wearable products, Samsung will replace the plastic used for holder trays with pulp molds, and bags wrapping accessories with eco-friendly materials. Samsung will also alter the phone charger design, swapping the glossy exterior with a matte finish and eliminating plastic protection films, reducing the use of plastics. The plastic bags used to protect the surface of home appliances such as TVs, refrigerators, air conditioners and washing machines as well as other kitchen appliances will also be replaced with bags containing recycled materials and bio-plastics, which are respectively made from plastic wastes and non-fossil fuel materials such as starch or sugar cane.
Regarding paper, Samsung will only use fibre materials certified by global environmental organisations like the Forest Stewardship Council, Programme for the Endorsement of Forest Certification Scheme and the Sustainable Forestry Initiative for packaging and manuals by 2020. Under the company’s circular economy policy, Samsung Electronics has set a mid-term implementation plan to only use paper packaging materials certified by forestry initiatives by next year. By 2030, Samsung aims to use 500,000 tonne of recycled plastics and collect 7.5 million tonne of discarded products (both cumulative from 2009).
Earlier this year, Samsung’s largest R&D centre outside Korea, switched to solar power for its campus in Bengaluru which houses over 3,000 R&D employees. Initiated in March 2016 as part of its ‘Go Green Initiative’ to increase usage of green energy sources, the company now draws 88% of its power requirement from a solar farm in Kalburgi district in Karnataka, around 500 km away from Bengaluru, thus cutting down reliance on the traditional power grid, making that energy available for other uses.
Samsung R&D Institute – Bangalore (SRI-B) has drawn 8 lakh units of solar power since December 2018 that replaces energy derived from traditional sources such as coal. The solar farm generates/adds the required power to the state electricity grid and SRI-B through ‘energy wheeling’ receives an equal amount of power from the local electricity grid. This process/method helps in curbing transmission and distribution losses. “The resolution to Go Green has not only become a part of our company’s corporate social responsibility, but a mission to reduce the global carbon footprint by embedding initiatives within the organisation that supports the same. There are many other environmental
oncerns and we seek to implement more innovative methods of promoting an eco-friendly environment for future
generations,” said Dipesh Shah, managing director, SRI-B.
The company emerged winner among nine bidders that included Larsen & Toubro, Dilip Buildcon and Gayatri Projects.
"Reliance Infrastructure Limited E&C (Engineering & Construction) has received the Letter of Award (LOA) from the Airport Authority of India (AAI) of a contract worth Rs 648 crore for the construction of new greenfield Airport at Hirasar in Rajkot district of Gujarat," RInfra said in a statement here.
Relaince Infrastructure participated in the tender for engineering, procurement and construction (EPC) contract independently as a main contractor.
The company said the scope of the EPC contract includes, construction of runway, turning pads, taxiways, apron, perimeter and other roads, drainage system, fire station, fire pit, cooling pit, supply, installation, testing and commissioning of airfield ground lighting system, visual aids for navigation and bird hazard reduction etc.
"Reliance Infrastructure had scored the highest technical score of 92.2 per cent among nine qualified bidders like Afcons, and L&T. The airport is to be completed within 30 months from the date of issue of LoA," the company said.
Over time, the proposed new airport will also meet the spill over needs of Ahmedabad.
The holistic development of Hirasar airport will serve the demand generated by Rajkot city and will also cater to the demand in neighbouring states, the statement said.
"Our strong credentials in infrastructure projects execution are borne out by the successful execution of large scale transportation and power projects. The Hirasar airport project will further strengthen Relaince Infrastructure's bona fide to be a leader in infrastructure projects," Reliance Infrastructure E&C CEO Arun Gupta said.
Reliance Infrastructure Limited E&C is part of Reliance Infrastructure Limited (RInfra).
Reliance Infrastructure has a project portfolio of 1,000 km of roads, 140 MW of solar power, 4,000 km of transmission lines and 9,000 MW of thermal power. The division offers a single point solution for execution of projects from "Concept to Commissioning" including project development, project engineering, procurement, construction and commissioning for clients.
Coal Minister Piyush Goyal Monday dedicated to the nation a 1,000-megawatt (MW) thermal power...
Solar power for the first time in India made over 50% power capacity addition in 2018 although GST, safeguard duty, and land and transmission issues took a toll on large-scale power installation to whose effect the overall Indian solar market was down 15.5% in FY18, according to Mercom India Research’s newly published report. The Indian solar market installed 8,263 MW in FY18 compared to 9,782 MW in FY17. But rooftop solar had a good year, growing 66% year-on-year (YoY).
Of the total installed capacity in 2018, large-scale projects accounted for 6,608 MW, which was 23% lower than the capacity added in 2017. Rooftop installations came to 1,665 MW in 2018. Total power capacity additions from all sources was 16.3 GW in 2018, of which renewable energy accounted for nearly 70% of installations, with solar representing 50.7% of new capacity and wind with 14%. Coal accounted for 27.5% of the new capacity added. “We will continue to see a steady shift toward solar as prices continue to drop. This is going to be the new normal as coal plants continue to shutter,” Raj Prabhu, CEO and co-founder of Mercom Capital Group, said.
In the fourth quarter of 2018, solar installations came to 1,638 MW, up 3% quarter-to-quarter from the 1,589 MW installed during the third quarter of 2018. But this was 52% lower y-o-y compared to the 2,491 MW installed in the fourth quarter of 2017.
Rooftop installations in 2018 totalled 1,655 MW, a 66% growth y-o-y taking cumulative rooftop solar installations to 3,260 MW. In terms of annual growth, rooftop solar continues to be a bright spot, as commercial and industrial entities see it as a viable way to combat higher power tariffs. Following a significant increase of 50% q-o-q growth from the fourth quarter of 2017 to the first quarter of 2018, installation growth remained steady for the rest of the year. But financing rooftop installations could be challenging in 2019 since Indian banks are facing a liquidity crunch, with many hitting the exposure limits to the power sector, the report said.
Investments in the solar sector, however, dropped 15% in 2018 over the investment made in 2017 and it totalled to $9.84 billion. The year was highlighted by 11 mega tenders of 1 GW in size.
The report found that solar parks continue to face issues in providing clearly demarcated ready land for project development, causing undue delays and putting additional pressure on large-scale projects. The market is adjusting to the safeguard duty regime, but much will depend on Chinese solar policy and installation goals in the future.
Any increase in installation targets in China will tighten supplies and harden module prices, while oversupply and module price declines could result if China decides to pull back on its solar installation targets. Tariff caps and retroactive cancellation of solar auctions have been the biggest concerns in the investment community, Prabhu said, adding that the rules of the election commission could affect land acquisition and government approvals for solar projects, but the elections could increase power demand.
Reliance Infrastructure (RInra) on Tuesday said the company has bagged a Rs 648 crore contract...