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Page 10 - Sustainability

Michelin, IIT Bombay join hands for sustainable mobility research

French tyre major Michelin on Tuesday said it has joined hands with IIT Bombay-Monash Research Academy for next generation sustainable mobility research. Pune-based Michelin India Technology Centre and IIT Bombay - Monash Research Academy have inked a Memorandum of Understanding (MoU) in this regard. Open innovation, through partnerships globally, is a priority for Michelin R&D. It enables us to accelerate and scale up mobility related innovative opportunities around data driven engineering and sustainable materials," Executive Vice President, Research and Development - Member of the Michelin Group Executive Committee Eric Philippe Vinesse said in a statement. The tie up with IITB-Monash Academy will enhance mutual development and stimulate stronger collaboration for sustainable mobility, he added. "In this evolving mobility ecosystem, this engagement will provide a solid platform for PhD students from India, to appreciate and experience the strengths of Michelin's innovation ...

Updated On : 16 Feb 2021 | 2:11 PM IST

India inks MoU with IEA for global energy security, sustainability

India on Wednesday inked a strategic partnership agreement with the International Energy Agency (IEA) to strengthen cooperation in global energy security, stability and sustainability. This partnership will lead to an extensive exchange of knowledge and would be a stepping stone towards India becoming a full member of IEA, a power ministry statement said. "The Framework for Strategic Partnership between the IEA members and the Government of India was signed on 27th January, 2021 to strengthen mutual trust and cooperation & enhance global energy security, stability and sustainability," it said. The Memorandum of Understanding (MoU) was signed by Power Secretary Sanjiv Nandan Sahai and IEA Executive Director Fatih Birol. "The contents of the strategic partnership will be jointly decided by IEA members and India, including a phased increase in benefits and responsibilities for India as an IEA strategic partner, and building on existing areas of work within Association and the Clean .

Updated On : 27 Jan 2021 | 6:39 PM IST

HDFC's green housing retail loans cross Rs 14,000 cr across 310 buildings

The largest pureplay mortgage player HDFC, which on Wednesday signed a pact with the Indian Green Building Council (IGBC), said its green housing retail loan book has crossed the Rs 14,000-crore-mark across 310 certified green buildings. The mortgage lender further said as much as 75 per cent of its lease rental discounting portfolio has green ratings. As of December 23, 2020, we have disbursed over 14,000 crore of retails loans to home buyers in 310 certified green building projects, HDFC told a webinar announcing the tie-up with the IGBC to promote green housing and create awareness about and promote financing of green buildings. Addressing the gathering, Amrit Abhijat, the joint secretary in the Union housing & urban development ministry, expressed confidence that the initiative, along with specifically designed lending policies, will go a long way in promoting green housing. S K Hota, managing director of NHB, underlined the need for promoting and popularising green housing ...