Diaspora vital connectors between India and global innovation ecosystems: MoS (See 'Corp Brief') Srinagar Khel Sankalp affirms unified commitment to athlete-centric sports ecosystem (See 'Corp Brief') IBC - If corporate debtor is solvent & functioning company, then insolvency process invoked only to secure payment of individual dues by initiation of CIRP, amounts to misuse of IBC as recovery mechanism: SC (See 'Legal Desk') Reining in Misuse of IBC for Recovery (See CORP EINSICHT) SAMAVESH Portal, NMBA 2.0, SETU and SMILE Beggary Apps Launched at Chandigarh Shivir (See 'Corp Brief') PMLA - Attachment of a residential property upheld where Act itself permits attachment not only of property directly acquired from proceeds of crime, but also of untainted property representing equivalent value where actual proceeds of crime are unavailable or untraceable: HC (See 'Legal Desk') Veep urges Youth to become Job Creators and Nation-Builders (See 'Corp Brief') CCIC launches 'Soul Threads' - A Heritage Designer Collection Celebrating Artisanal Legacy (See 'Corp Brief') IBC - If statutory authority, during subsistence of moratorium u/s 14, directs bank to place lien on bank accounts of Corporate Debtor, and bank acts on same, it would amount to execution against Corporate Debtor and is barred by Sec 14: NCLT (See 'Legal Desk') IPR - As Constitutional Court under Article 215 of Constitution, appropriate orders are warranted to ensure that its directions are not taken in perfunctory or dismissive manner: HC (See 'Legal Desk') Prohibition of Benami Property Transactions Act, 1988 - Mere involvement of cash does not exclude transaction from ambit of benami, particularly where source is undisclosed & transaction is structured to legitimize unaccounted money during demonetization: SAFEMA Tribunal (See 'Legal Desk') PMLA - Mere fact that some allegations in predicate FIR were quashed, or that attached property was allegedly purchased before crime period, did not invalidate attachment if companies were recipients of proceeds of crime: SAFEMA (See 'Legal Desk')

Indian Railways plans to source 1200 MW of solar, wind power across zonal units

Published: Jan 09, 2020

By TIOLCorplaws News Service

NEW DELHI, JAN 09, 2020: INDIAN Railways has planned to source about 1000 Mega Watt (MW) Solar Power and about 200 MW of wind power progressively by 2021-22 across Zonal Railways & Production Units . Of this, 500 Mega Watt (MW) solar plants are to be installed on the roof top of Railway buildings which will be used to meet non-traction loads at Railway Stations, etc. About 500 MW land based solar plants will be used to meet both traction & non-traction requirements.

South Central Railway is one of the zones actively implementing several measures aimed at energy conservation by harnessing renewable energy. One of the significant actions taken in this direction has been the installation of solar panels at stations, service buildings, LC gates etc across the zone. Taking this step to the next level, for the first time all the stations in a particular section of the South Central Railway have been provided with solar panels at one stretch to tap the natural energy. This will not only help in meeting power needs of all the stations in the section but also save expenditure for the Railways.

The Nandyal - Yerraguntla section in Guntakal Division has been declared as the first solar section in South Central Railway. Nandyal - Yerraguntla section is a new railway line laid by Railways and opened for passenger traffic in the year 2016 to bring the hinterland areas into rail map by providing rail connectivity. All the 08 stations in the section - Madduru, Banaganapalle, Koilakuntla, Sanjamala, Nossam, S.Uppalapadu, Jammalamadugu and Proddutur - have been provided with solar panels capable of meeting all the power needs at these railway stations.

In order to make use of solar power, 37 kWp off Grid Roof Top Solar plants along with 250/125 Wp solar panels have been installed in each station.  In addition, Inverters and 12V 150 AH Battery banks are also installed at all these stations. The total connected load on solar plants is on an average 30 kWp. In total, 152 solar panels have been installed at these stations. With an average exposure of 8 sunny hours per day, 148 KWh energy units can be generated throughout the year resulting in energy generation of 54,020 units. Anticipated savings in terms of revenue is around Rs 5 lakh per annum. Significantly, it also helps in reducing carbon footprint to the tune of 49 metric tonnes per annum thus contributing towards greener environs.

16 stations have already been declared Green Railway stations across Indian Railways, which are meeting energy needs completely either through solar or wind power. These stations are Roha, Pen, Apta in Central Railway, Niamatpur halt, Kanhaipur halt, Teka Bigha halt, Mai halt, Garsanda halt, Niyazipur halt, Dhamaraghat in East Central Railway, Shri Mata Vaisno Devi, Shimla in Northern Railway, Unhel, Khanderi, Bajud, Ambli Road, Sadanapura & Sachin in Western Railway - are 100% Green Powered stations.

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