News Update

Farmers squat on railway tracks; 54 Amritsar-route trains cancelled4 killed & 19 hurt as truck bangs into tractor-trolleyMusk defers India’s trip citing heavy Tesla obligationsIndia needs to design legislative pills to euthanise tax-induced expatriation!I-T- Exercise of jurisdiction u/s 263 is invalid if AO has taken particular view, which though, may not be only view, but certainly can be possible view : ITATTorrential rains cause havoc in Pakistan; 87 killedI-T- Additions framed on account of unexplained money upheld as assessee was unable to prove source of cash deposited in assessee's bank account : ITATUS imposes sanctions on 3 Chinese firms and one from Belarus for transfering missile tech to PakistanDubai terribly water-logged as it has no storm drainsST - When services are received from separate source & accounted separately in separate ledgers, there cannot be any question of clubbing them under one category: CESTATEU online content rules tightened against adult content firmsCus - The continuous suspension of license of Customs Broker without either conducting an inquiry or issuing a notice for revocation of license or imposition of penalty is bad in law and needs to be set aside: CESTATEV market cools off in US; Ford, GM eyeing gas-powered trucksApple China tosses out WhatsApp & Threads from App store after being orderedChina announces launch of new military cyber corpsRailways operates record number of additional Trains in Summer Season 2024GST - Assessing officer took into account the evidence placed on record and drew conclusions - Bench is, therefore, of the view that petitioner should present a statutory appeal: HCNexus between Election Manifesto and Budget 2024 in July!
 
NITI Aayog launches India Energy Security Scenarios 2047

By TIOL News Service

NEW DELHI, AUG 28, 2015: NITI Aayog launched the second version of the India Energy Security Scenarios 2047 calculator (IESS 2047), an open source web based tool. The tool aims to explore a range of potential future energy scenarios for India, for diverse energy demand and supply sectors leading up to 2047. It explores India's possible energy scenarios across energy supply sectors such as solar, wind, bio fuels, oil, gas, coal and nuclear and energy demand sectors such as transport, industry, agriculture, cooking and lighting appliances. The model allows users to interactively make energy choices, and explore a range of outcomes for the country-from carbon dioxide emissions and import dependence to land use.

The tool was launched by the NITI Aayog Vice Chairman Arvind Panagariya in presence of a select gathering at a function at the Federation House in New Delhi yesterday. In his remarks, the Vice-Chairman of NITI Aayog, Shri Aravind Panagariya said The IESS 2047 calculator has already been playing an instrumental role in shaping India's energy policy. With the launch of the second version, one can look forward to a more comprehensive policy discourse on India's future energy planning by policy makers, academicians, private sector and other stakeholders. The Member, NITI Aayog, Dr. Bibek Debroy, lauded the efforts in operationalization of IESS 2047 calculator. He said the interactive tool will offer policy makers to create an energy pathway which is secure and addresses the need of the people and climate. The other Member of NITI Aayog, Dr. V K Saraswat expressed hope that the IESS 2047 calculator will support India's future energy planning to help the country become self-sufficient in energy. It will support the Government's vision of achieving power for all and 175 GW of renewables by 2022, rural electrification and reducing import dependency.

The purpose of the IESS tool is to engage various stakeholders in the country's energy planning and facilitate informed debates at different levels. This tool will enable policy makers and parliamentarians make a more secure and sustainable energy future for India. The tool allows the user develop a secure future pathway and suggest current policy interventions for the same. The tool has been developed in consultation with multiple stakeholders, such as think tanks, industry bodies and research organizations. The UK Department for Energy and Climate Change (DECC) is the initiative partner with NITI Aayog in this project. More than 20 countries have now developed their own energy/climate calculators, such as China, Bangladesh and South Africa.

POST YOUR COMMENTS
   

TIOL Tube Latest

Shri N K Singh, recipient of TIOL FISCAL HERITAGE AWARD 2023, delivering his acceptance speech at Fiscal Awards event held on April 6, 2024 at Taj Mahal Hotel, New Delhi.




Shri Ram Nath Kovind, Hon'ble 14th President of India, addressing the gathering at TIOL Special Awards event.