CCI directs IDBI Trusteeship, Axis Trustee and SBI CAP Trustee to cease and desist from anti-competitive conduct (See 'Corp Brief') Environment Minister reviews Coordinated Efforts by NCR States to tackle Air Pollution (See 'Corp Brief') CPC - Objection regarding pecuniary jurisdiction cannot be entertained at stage of final arguments when no such objection is raised by defendant at earliest opportunity or before settlement of issues: HC (See 'Legal Desk') Nadda inaugurates Centre for Advanced Bladder Diagnostics (See 'Corp Brief') NIELIT and Intel India launch Agentic AI Skilling Programs (See 'Corp Brief') IBC - IRP has contravened statutory mandate of IBC by omitting to maintain formal minutes of meetings & relying instead on informal email communications & where IRP omits to act strictly as per prior instructions of CoC: IBBI (See 'Legal Desk') BRICS Members reaffirm Commitment for Multilateral Cooperation in Intellectual Property (See 'Corp Brief') Digital India BHASHINI and Kathmandu Univ explore Collaboration in Language AI (See 'Corp Brief') IBCA, ADB sign MoU strengthening collaboration in Landscape Conservation (See 'Corp Brief') EPFO seeks applications from potential beneficiaries (See 'Corp Brief') IPR - For deciding territorial jurisdiction at inception of suit, if plaintiff's pleadings sufficiently allege that defendant has digital presence accessible, suit cannot be summarily thrown out for lack of jurisdiction: HC (See 'Legal Desk') CCI okays acquisition of up to 100% equity of Apollo Fertility & Apollo Specialty by Kids Clinic India (See 'Corp Brief') CCI approves acquisition of Aseem Infra Finance by TPG Nicobar SG (See 'Corp Brief') Ministry of Civil Aviation launches Hub & Spoke International Flight Operations (See 'Corp Brief') CAQM reviews Enforcement Actions (See 'Corp Brief') IBC - Definition of 'associate' u/s 79(2)(g) cannot be expanded beyond its statutory text, and procedural irregularities such as absence of forensic audit do not warrant rejection if no actual prejudice is demonstrated: NCLT (See 'Legal Desk') Wow! 7.8% growth but it also does not reveal many things! (See CORP EINSICHT) India, Germany sign Joint Declaration of Intent on environment conservation (See 'Corp Brief') IBC - If foreign decree from reciprocating territory remains substantially unsatisfied, and judgment debtor and his family exercise pervasive control over multiple business entities, decree holder is entitled to protection of its interest through appropriate security: SC LB (See 'Legal Desk') Advisor to PM reviews Development Initiatives at Belgaria and Karmatand Townships (See 'Corp Brief') Invest in R&D while fostering partnerships to become global enterprises: RM (See 'Corp Brief') SARFAESI - Attachment of entire subject property cannot be sustained in absence of material showing direct nexus between property & investors' funds involved in criminal proceedings: HC (See 'Legal Desk') Ministry of Coal Holds Preparatory Meeting for Special Campaign 6.0, Reaffirms Commitment to Cleanliness and Efficiency (See 'Corp Brief') PBPT - Per Section 2(26), initiating officer must establish that benami amount was either converted into another form or integrated into general business assets of beneficial owner beyond demarcation before attaching substitute properties: Tribunal (See 'Legal Desk') India must build Future-Ready Workforce for a Global Automotive Industry: Kumaraswamy (See 'Corp Brief') Union Minister to launch fisheries Infrastructure projects worth Rs 36.49 Crore (See 'Corp Brief') Nadda reviews Progress of Rural Health Training Centre, Najafgarh (See 'Corp Brief') IPR - If plaintiff holds registered trademark rights and shows prima facie prior adoption and use, defendant's use of identical mark for identical hospitality & restaurant services is sufficient to justify interim injunctive relief: HC (See 'Legal Desk') 4th Indo-German Environment Forum to be held in New Delhi (See 'Corp Brief') ICAR-IIOR to host Industry Interface to Accelerate Commercialization of Oilseed Technologies (See 'Corp Brief') A&C - Arbitral award immune to interference merely because alternative interpretation of facts or contractual terms exists; cannot be quashed where award is plausible, logical & free from patent illegality, perversity, or conflict with public policy: HC (See 'Legal Desk') Manohar Lal directs Fast-track Project Implementation & Strengthening of Swachhata (See 'Corp Brief') MSDE in collaboration with UP Govt organises PM-SETU Industry Conclave in Lucknow (See 'Corp Brief') MoS holds interaction with delegation of Armed Forces HQ Association (See 'Corp Brief') NBA disburses Rs 5.68 Crore in Benefit-Sharing Funds for Biodiversity Conservation (See 'Corp Brief') Commerce Secretary Rajesh Agrawal Leads 4th India-Argentina JTC Meeting (See 'Corp Brief') IBC - Sale certificate issued by liquidator under insolvency proceedings in respect of property sold by public auction is not compulsorily registrable: HC (See 'Legal Desk') CBN seizes 66.80 lakh psychotropic tablets in major inter-state pharmaceutical diversion case (See 'Corp Brief') Acquire knowledge, question injustice through constitutional means: RM tells youth (See 'Corp Brief') Empowering mother can enable early identification of disability in child: MoS (See 'Corp Brief') MoS lays Foundation Stone of PMGSY Roads Worth Rs 1,503 Crore in Jammu (See 'Corp Brief') Companies Act - Corporate name change is merely alteration of MoA that preserves company's continuous legal identity, rights, liabilities & obligations without creating a new entity or dissolving the old one: HC (See 'Legal Desk')

MoS says decarbonizing of buildings should be highest priority

Published: Sep 24, 2022

By TIOLCorplaws News Service

NEW DELHI, SEP 24, 2022: INDIA'S Science and Technology Minister, Dr Jitendra Singh, who is leading a high-level Joint Ministerial Delegation of S&T and Ministry of Power, New & Renewable Energy, yesterday said that Decarbonizing of cities and buildings should be the highest priority for the public and private sectors and it needs to be done at scale, pace, and by using an integrated and digitalized approach to bring systemic efficiency.

In his address at the Roundtable on "Net Zero Built Environment with Connected Communities" at Global Clean Energy Action Forum-2022 at Pittsburgh, in the United States, Dr Jitendra Singh said, we cannot solve climate change without transforming our cities and buildings and this requires massive efforts from the private and public sectors, but it is possible with today's technologies.

Dr Jitendra Singh pointed out that increasingly, cooling is recognized as a developmental need that is linked with achieving many Sustainable Development Goals. He said, Demonstration and Deployment, investment, technology are the key challenges to achieve net zero connected communities at a global level.

Dr Jitendra Singh pointed out that the development of a robust R&D innovation ecosystem will, inter alia, involve further development of scientific manpower in the area, requisite academic and R&D institutional capacities, support for R&D activities on various facets of cooling, including but not limited to refrigerants, cooling equipment, passive building design interventions, not-in-kind technologies and new emerging technologies; and industry preparedness to assimilate new technologies.

India called for important actions to address these challenges like a global Memorandum of Understanding (MoU) with respect to enhancing the R&D, and Deployment, Knowledge and technology sharing related to demand driven solutions, a tailored financing plan that would look into feasible funding sources and aggregating member countries' demand for the potential designing of a global tender/ procurement process.

Dr Jitendra Singh informed the Ministers and Delegates that his Ministry of Science and Technology has actively engaged several industry players, especially for demonstration and deployment and today we have over 78 industries participating in the Building Energy Efficiency and Smart Grid Program.

The Minister, however, acknowledged that the decarbonization of cities is a multifaceted challenge and requires a holistic approach and systemic efficiency. He said, alongside buildings, the electrification of private and public transport plays a pivotal role in not only achieving net zero emission targets, but also improving urban air quality. The public and Private sectors need to work closely to ensure the implementation of research outcomes, the Minister added.

Dr Jitendra Singh said that three major actions for which public and private sectors can come together to achieve planning and demonstrations of net zero connected communities are- Catalysing effective capital reallocation and new financing structures, including through scaling up climate finance, Lowering technology costs with R&D, nurturing industrial ecosystems, collaborating across value chains to reduce cost, and Establishing compensating mechanisms to address socioeconomic impacts, through economic diversification programs, reskilling and redeployment programs.

Highlighting the measures taken by India, Dr Jitendra Singh concluded that the Ministry of Science and Technology has supported research development and deployment of technologies with an investment of 34.3 million USD during the last decade. We have strengthened the R&D infrastructure and forced bilateral and multilateral collaborations through R&D programs in the field of Building Energy Efficiency and Smart Grids, the Minister emphasised.

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