Unlocking Potential of Idle Financial Assets in India (See 'Corp Brief') SARFAESI - In absence of any adjudication by the DRT in determining the debt, statutory scheme permits reliance upon claim made by secured creditor for purpose of fixing pre-deposit: HC (See 'Legal Desk') CCI okays acquisition of shares in Nxtra Data by Alpha Wave Ventures (See 'Corp Brief') CCI okays acquisition of 21% voting interest in Astemo Ltd. by Honda Motor (See 'Corp Brief') FEMA - Claims & liabilities pertaining to periods prior to approval of resolution plan, which do not survive under approved plan, are extinguished & cannot be enforced: SAFEMA (See 'Legal Desk') Special Drive launched for expeditious Disposal of Long-Pending Labour Cases (See 'Corp Brief') Amit Shah to launch NAFED's auction portal 'NAFEX.in' (See 'Corp Brief') SEBI - A judicial pronouncement cannot ordinarily be modified or reviewed through post-disposal miscellaneous application; Tribunal becomes functus officio upon disposal of appeal: SAT (See 'Legal Desk') Railways approves Kavach Deployment Worth Rs.270 Crore on East Coast (See 'Corp Brief') DIBD and AISF sign MoU to promote Language Technology and Multilingual Innovation in Assam (See 'Corp Brief') IPR - Injunction allowed as defendant's adoption of marks is not honest or bona fide; marks are deceptively similar to plaintiff's registered trademark, such that an average consumer with imperfect recollection would likely be confused: HC (See 'Legal Desk') NMDC accelerates Digitalisation and Sustainable Mining to support 100 MTPA Vision (See 'Corp Brief') Union Minister sanctions over 42,000 houses in MP; 38,000 families perform grih pravesh (See 'Corp Brief') A&C - Where a Section 34 court has already examined the award, a possible alternative interpretation of the contractual clause is insufficient to justify interference: HC (See 'Legal Desk') Tech Innovation and disruption in Construction Industry (See 'CORP EINSICHT') Union Minister reviews Power Sector and Urban Development Schemes with Jharkhand Govt (See 'Corp Brief') APEDA facilitates First Export of fresh Uttarakhand Litchi to Italy (See 'Corp Brief') Trade Marks - Quasi-judicial authority cannot validly base its decision on grounds that were not specifically disclosed in SCN, thereby depriving noticee of an effective opportunity to respond: HC (See 'Legal Desk') Nadda calls for Push towards a TB-Free India (See 'Corp Brief') India must take control of security-related necessities to remain future-ready: RM (See 'Corp Brief') A&C - Financial hardship cannot justify payment of disputed amount linked to fulfilment of deliverable-based obligations: HC (See 'Legal Desk')

Centre to take up with States for accelerated use of Biomass Pellets by State GENCOS and IPPs

Published: Mar 25, 2023

By TIOLCorplaws News Service

NEW DELHI, MAR 25, 2023: THE Ministry of Power organized a National Conference on Biomass "3P-Pellet to Power to Prosperity" in New Delhi today under the aegis of National Mission on Use of Biomass in Thermal Power Plants (SAMARTH) and National Power Training Institute (NPTI). The conference was aimed at fostering an enabling environment to boost co-firing of biomass pellets in Thermal Power Plants in India as well as to provide a common platform for all the stakeholders in the field to share their knowledge and experience, to strengthen the biomass supply ecosystem.

Krishan Pal Gurjar, Hon'ble Minister of State for Power & Heavy Industries inaugurated the Conference along with Alok Kumar Secretary (Power), Ghanshyam Prasad Chairman CEA,  M.M. Kutty, Chairman CAQM, Gurdeep Singh CMD NTPC, Sudip Nag (Mission Director SAMARTH) and senior Government officials.

Speaking on the occasion Gurjar said that the Conference was a great initiative to bring all the stakeholders on a common platform and will benefit everyone from farmer to pellet manufacturers to Thermal Power Plants besides helping in reduction of pollution especially in the NCR region caused by stubble burning during the winter season. He added the Biomass Co-firing Policy is an important step towards reducing emissions from the power sector. "India had already achieved the non-fossil based generation capacity targets of COP'21, 9 years ahead of the 2030 deadline. Hon'ble Prime Minister has committed to cut India's emissions to net zero by 2070 at the COP'26. India is taking a number of steps for promoting Green Energy," the Minister of State for Power said. He added that the government was making serious efforts to promote the biomass pellet manufacturing sector. So far about 1 Lakh MT of biomass has been co-fired more than 41 Thermal Power Stations, which is expected to increase further, Gurjar added.

Alok Kumar, Secretary, Ministry of Power appreciated the work done by the National Mission on Use of Biomass in Thermal Power Plants (SAMARTH). He said that a lot of work needed to be done as the competing fuels had a long history of growth and a well established strong supply chain. He urged the State Regulatory Bodies, State Generation Companies and IPPs to promote the use of Biomass Pellets saying that despite multiple advantages, there was an inertia on part of these bodies to push for greater use of biomass pellets. Alok Kumar added that the Ministry will soon write to State Regulatory Bodies in this regard. The Power Secretary also emphasized upon the need to ensure an intermediary agency as a bridge for efficient supply-demand linkages between pellet supplier/manufactures and Thermal Power Stations, which are Biomass Pellet users.

The conference was attended by near 300 persons drawn from Ministries, Regulatory bodies, Financial Institutions, Thermal Power Plants, Pellet manufacturers, Entrepreneurs, OEMs, IITs, Agriculture universities, FPOs, CBBOs, Farmer organizations etc.

The conversion of Biomass agro residue into pellets and co-firing them in Thermal Power Plants is expected to not only save the environment from harmful effects of stubble burning but also contribute towards the reduction of country's dependence on imported coal in electricity generation, and increase the earning potential of farmers and small entrepreneurs.

TIOL CORP SEARCH

TIOL GROUP WEBSITES