Critical Minerals Summit concludes (See 'Corp Brief') Cr.P.C. - While adjudicating on bail application court is duty bound to ensure that accused's right to life and right to health is not violated : HC (See 'Legal Desk') PMLA - Petitioner cannot claim bail as matter of right for treatment only at specialized hospital of his choice : HC (See 'Legal Desk') SEBI (Research Analysts) Regulations, 2014 for ontravention of RA Regulations Certificate of Registration of Noticee Gaurav Sarda can be cancelled : SEBI (See 'Legal Desk') REC Ltd declares financial results, records highest ever annual net profit (See 'Corp Brief') Trade Marks Act - Defendant's adoption of Trademark is not in good faith and potential confusion encroaches upon Plaintiff's statutory trademark rights : HC (See 'Legal Desk') SEBI Act - Noticee was maintaining call records which were sent to SEBI : SEBI (See 'Legal Desk') Arbitration - Petition u/s 29A for extension of mandate of Arbitral Tribunal can be filed even after mandate has expired : HC (See 'Legal Desk') Mines Ministry to hold 2-day Critical Minerals Summit (See 'Corp Brief') IBC - When one party owes debt to another and creditor is claiming under written agreement providing for rendering 'service', debt is operational debt if claim of debt has some connection with service : SC (See 'Legal Desk') Companies Act - Stamp duty @5% market value of property is liable to be paid only when property is situated within State of Madhya Pradesh otherwise not : HC (See 'Legal Desk') SEBI Act - Final opportunity of inspection of documents and cross-examination of witnesses should be given to Appellants : SAT (See 'Legal Desk') SARFAESI Act - Mere discovery of new or important matter or evidence is not a sufficient ground for review ex debito justitiae : HC (See 'Legal Desk') Conference organized on Maritime Amrit Kaal Vision 2047 (See 'Corp Brief') PMLA -Bail application can be dismissed as petitioner failed to satisfy conditions for grant of bail : HC (See 'Legal Desk') CSIR, NIScPR organize national workshop to celebrate World Intellectual Property Day (See 'Corp Brief') SEBI Act - Appellants have failed to substantiate their claim of financial distress nor have they brought any new fact or circumstances requiring grant of interim relief : SAT (See 'Legal Desk') ACC delivers lifetime highest annualised PAT (See 'Corp Brief') Trade Mark Act - Marks are visually phonetically and deceptively similar to Plaintiffs' trademarks : HC (See 'Legal Desk') SJVN inaugurates First Multi-purpose Green Hydrogen Pilot Project (See 'Corp Brief') IBC - Even if CIRP commences, Directors, who are incharge of affairs of Company cannot be absolved of any wilful default committed by borrower Company : HC (See 'Legal Desk') REC to extend loan of Rs 1869 Cr for Kiru Hydro Electric Project (See 'Corp Brief')

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India, Austria explore partnership avenues in renewable energy

Published: May 12, 2017

By TIOLCORP News Service

NEW DELHI, MAY 05, 2017: MR Piyush Goyal, Minister for Power, Coal and New & Renewable Energy and Mines visited Austria from May 10-11, 2017 to participate in the Vienna Energy Forum, which has been organized jointly by the Austrian Federal Ministry for Europe, Integration and Foreign Affairs, International Institute for Applied Systems Analysis (IIASA) and the United Nations Industrial Development Organization (UNIDO). While delivering his key note address at the Opening Ceremony of the Vienna Energy Forum, Mr Goyal annotated, what the Organizer's introduced as the largest energy transformation project in the world. He highlighted Government of India's priorities and commitments towards sustainable energy. He reminded that SDGs could only be fulfilled through a comprehensive approach which could lay emphasis on affordability, reliability and sustainability.

On the issue of affordability of renewable solutions, Mr Goyal spoke of the reduction in tariff for solar energy from 12 cents to 4 cents in just three years, in wind energy from 9 cents to 5 cents in the same period and of the scheduled launch on May 12, 2017 of the Energy Efficiency Services Ltd. affordable lighting scheme – UJALA (UK Joins Affordable LEDs For All) in London. He urged that world leaders look at the link between low-cost technology, renewable energy and sustainable life styles.

The Vienna Energy Forum is a biennial, global and multi-stakeholder forum with a mandate of exploring 21st century developmental challenges from the perspective of sustainable energy and providing a platform for debate on practical solutions to these challenges. VEF 2017 is focusing on Sustainable energy for the implementation of the SDGs and the Paris Agreement.

The Forum is being attended by Global leaders including, Deputy Secretary-General of the United Nations Ms. Amina J. Mohammed, Minister for Agriculture, Forestry, Environment and Water Management in Austria Mr. Andrä Rupprechter, Director General UNIDO Mr. Li Yong, Minister for Transport and Infrastructure of Morocco Aziz Rabbah, Prime Minister of Tuvalu Enele Sopoaga, Director-General, International Renewable Energy Agency (IRENA) Adnan Z. Amin.

Austrian companies indicated keenness to collaborate with Indian partners and share new technologies and innovations. They emphasized the importance of finding right partners in India and Austria in the renewable sector and spoke about their areas of expertise and priority as also their experiences of doing business in India.

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