Latest news with #Project

GMA Network
2 days ago
- Business
- GMA Network
Marcos: PH partnering with Japan for waste-to-energy project
Pres. Marcos said the Philippines is working with Kanadevia Corporation in Osaka, Japan for a waste-to-energy project in Manila. (Photo from PCO) President Ferdinand ''Bongbong'' Marcos Jr. on Friday met with executives of the Kanadevia Corporation in Osaka, Japan for a waste-to-energy project in Manila. ''Masaya akong ibalita na katuwang natin ang Kanadevia Corporation ng Japan sa isang makasaysayang Waste-to-Energy project para sa Maynila,'' Marcos, who is in Japan for a working visit, said in a social media post. (I'm happy to report that we are working with Kanadevia Corporation in Japan for a historic Waste-to-Energy project in Manila.) ''Sa proyektong ito, libo-libong tonelada ng basura ang gagawing malinis na enerhiya at makatutulong ito na mabawasan ang pagbaha, magbigay ng trabaho, at linisin ang ating mga komunidad,'' he added. (In this project, tons of waste will be transformed to energy to help in addressing floods, providing jobs, and cleaning our communities.) During the meeting, Kanadevia Corporation's investment plan for the Manila Waste-to-Energy (WtE) Project was tackled. The project will be done in partnership with the Phil. Ecology Systems Corp. (PhilEco), a major player in the design, construction, and operation of integrated sanitary solid waste management and disposal facilities in the Philippines. Kanadevia Corporation specializes in environmental systems, including advanced WtE facilities, desalination plants and water treatment technologies. The said firm was the Japanese proponent, co-investor and technology provider in the Manila WtE Project. Further, Marcos also had a meeting with the executives of Tsuneishi Shipbuilding Co., Ltd., ranked as among the world's top shipbuilders. The company has been a key player in the international maritime industry since 1917, accounting for a significant share of the global market for medium-sized bulk carriers. It is embarking on its fifth phase of expansion in its shipyard in Balamban, Cebu by investing in new capital equipment and enhancing research and development capabilities. —LDF, GMA Integrated News


Hindustan Times
2 days ago
- Business
- Hindustan Times
‘Great Nicobar Trunk rd will spur jobs, but sacrifice trees'
New Delhi: The Trunk Infrastructure Road that will cut through Great Nicobar Island (GNI) and connect all villages on it, will lead to large scale employment, facilitate business and also make 'unconnected areas on the route prosper,' the draft social impact assessment (SIA) study for the project claimed. The draft, published on A&N administration's Directorate of Social Welfare website this week added that a large number of trees will need to be felled for the road and that tribal populations of Shompen and Nicobarese have agreed to land diversion for the road. 'As per the project report, there was no alternative location for the proposed Trunk Infrastructure Road Project which would involve less land acquisition,' the draft SIA said. 'The Trunk Infrastructure Road will link all villages in GNI , making movement of people and goods smoother. Better connectivity of all the villages will lay the foundation for large scale employment opportunities for the local people along with development of the area. It will facilitate business activities and will contribute towards all the villages and the hitherto internal and unconnected areas on the route to prosper. Moreover, the upcoming Green Field International Airport, International Container Transhipment Terminal (ICTT), Township Development, etc., will also require a proper road network for its proper functioning,' the report stated. The road through the island is part of an ambitious effort to develop it as a logistics hub, with an airport, container terminal, township, and power plant, at a total cost of ₹81,834.22 crore. The draft SIA , prepared by Ranchi based Atlas Management Consultancy Services Private Limited, also claims that the Shompen and the Nicobarese, the two tribal groups who reside and forage different parts of the island, have agreed to land diversion for the trunk road. 'These people from the tribal community had their opinion on the way they wanted to lead their lives. The Nicobarese were more affable in comparison to the Shompens. However, like their other non-tribal counterparts, people from these tribal communities stated that they were not averse to any development work in the island, including the proposed Trunk Infrastructure Road (main road and subsidiary roads) Project. As such, they preferred to settle along the coast line and for that they also used the present road network in the island,' the draft SIA added. It also claims that the road project will not impact their way of life. 'As none of the proposed roads were infringing on their way of life, they expressed support for the Trunk Project. They said that so long as living in the jungle in a natural surroundings, hunting and fishing was not adversely affected, they had no objection,' it said. The SIA has been conducted only for six revenue villages where private land is proposed for acquisition. A total of 80.0302 hectares of private land was proposed to be acquired for the said Trunk Infrastructure Road Project in Campbell Bay, Govind Nagar, Joginder Nagar, Vijay Nagar, Laxmi Nagar and Gandhi Nagar. According to a a notification issued by the directorate of social welfare, A&N administration on April 11, a total of 666.44 hectares is likely to be impacted by the trunk infrastructure. 'While the report gets into great details of private land to be acquired from the six revenue villages, complete with maps, nowhere does it give out any details about the extent of the road that passes through protected areas and Tribal Reserve areas,' said a researcher who has worked in the islands. 'The authors of the report claim to have conducted detailed deliberations with Shompen and Nicobarese but the Chairman of the Tribal Council is not aware of any of it. It says that none of the areas to be acquired are individually owned by the Shompen and Nicobarese, but that is because they each have their unique traditional land ownership systems which are supposed to be protected by the Andaman and Nicobar Islands (Protection of Aboriginal Tribes) Regulation and the Forest Rights Act,' added this person, asking not to be named. Anthropologists have cautioned that such a road project needs the consent of tribal communities and forest dwellers such as the Shompen and the Nicobarese who are likely to be impacted by it. 'It's important to understand how such a multi-infrastructure project impacts the Nicobarese and the Shompen. We know that the Andaman trunk route had a huge impact on the Jarawas, exposing them to several negative sides of tourism and access. Such a trunk route could erode the Shompen culture. If at all, a road can connect the Nicobarese and Shompen villages because they have a symbiotic relationship. It's also very important to have the actual consent of these tribal communities,' Anstice Justin, a Nicobarese anthropologist based on Port Blair said in May when HT reported that the Andaman and Nicobar Administration had invited financial bids to conduct a social impact assessment for land proposed to be acquired for the Trunk route. 'This is a draft report. Normally, 21 days time is given for public comments. All community members have been consulted,' said an office bearer of Atlas Management Consultancy Services. The draft SIA concludes that 'without any doubt t, the proposed acquisition of 80.0302 hectares of private land for the construction of the Trunk Infrastructure Road is beneficial to all stakeholders with minimal net adverse bearing on cost to any of them, if adequate and timely compensation is imparted to all the deserving stakeholders.' 'In the name of infringement on native and tribal life and exploitation of resources, the people of GNI cannot be abandoned to the vagaries of nature and left uncared for, to suffer impoverishment, deprivation and exploitation,' the report concluded. The A&N administration did not respond to queries from HT on how it plans to minimise the impact of greater exposure, tourism and traffic on the Shompen and Nicobarese. The Nicobar Islands fall within the Sundaland Biodiversity Hotspot, covering the western half of the Indonesian archipelago. Bhupender Yadav, union environment minister said in August last year that 'exemplary mitigation measures' have been incorporated in the Great Nicobar Holistic Development project to minimise the environmental impact of the project, 'keeping the strategic, national and defence interests' in mind.


Time of India
2 days ago
- Time of India
Tripura rights panel notice to NHIDCL over compensation delay
Agartala: The Tripura Human Rights Commission (THRC) has issued a notice to National Highways and Infrastructure Development Corporation Ltd (NHIDCL), directing it to submit a report for the delay in payment of compensation. Despite land acquisition over seven years ago for a national highway project, NHIDCL did not pay due compensation to 20 families in Jampui Hills of North Tripura, along the Tripura-Mizoram border. Based on a media report, THRC chairperson Justice Arindam Lodh took cognisance of the case and served notice. According to the report, NHIDCL acquired land between June 25, 2018, and Feb 4, 2019, for the construction of National Highways 44A and 313. Despite the final compensation awards being issued in Jan 2021, the affected families have still not received any payment. "Despite the absence of any legal dispute or ownership issue, the compensation has not been released, leaving the families in distress. NHIDCL's repeated deferrals citing project alignment changes, contractor issues, and a new Detailed Project Report are unjustified," Justice Lodh said. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Giao dịch vàng CFDs với mức chênh lệch giá thấp nhất IC Markets Đăng ký Undo The sub-divisional magistrate of Kanchanpur already completed the assessment and forwarded it to the land acquisition authority. Yet, NHIDCL has withheld the payment without any valid grounds. Terming the prolonged delay a clear violation of human rights, THRC said the affected landowners have been subjected to harassment and deprivation of their legitimate entitlements. Sources say the land acquisition and compensation process was completed, and notifications were issued.


Business Wire
3 days ago
- Business
- Business Wire
Bregal Sphere Announces Investment in Agroforestry and Reforestation Project, Jubilación Segura
LONDON--(BUSINESS WIRE)--Bregal Sphere today announced an investment in Jubilación Segura ('the Project'), an agroforestry and reforestation initiative focused on coffee and cocoa landscapes in the Peruvian Amazon. Bregal Sphere will invest in an expansion of the Project, aiming to double the Project's size, enabling the distribution of 4.4 million trees over the next five years and the restoration of more than 5,000 hectares of degraded land. The Project will seek to engage over 4,000 additional smallholder farmers and is forecast to remove approximately 1.3 million tons of CO 2 equivalent by 2039. Established in 2010 by PUR, a leading developer of nature-based solutions projects with over 16 years of experience, Jubilación Segura was first launched to address the urgent need for landscape restoration in regions heavily affected by deforestation and unsustainable agricultural practices. Building on a long and successful track record of close collaboration with two of the largest coffee and cocoa cooperatives in the San Martín region, Acopagro, and Oro Verde, PUR has developed a community-driven model that blends reforestation with resilient, diversified agricultural systems. Agustin Silvani, Managing Partner at Bregal Sphere, commented, 'We are proud to partner with PUR to scale up their pioneering agroforestry models that aim to transform traditional coffee and cocoa production into sustainable and resilient carbon sinks. Through our investment and long-term engagement, we seek to double the scale of impact and position the Jubilación Segura project for high-integrity carbon markets with positive impacts for farmers, the climate, and biodiversity. This is a pivotal role private capital can play in climate action – scaling proven climate solutions.' Meike Carmen Willems, Country Manager, Peru at PUR, stated, 'This partnership allows us to amplify the positive impacts of an operation we have built over the past 14 years. With Bregal Sphere's investment, we can scale our work with smallholder farmers, restore vital ecosystems, and deliver high-integrity climate benefits at a time when the world urgently needs them.' To enhance the resilience of its investment, Bregal Sphere secured innovative insurance coverage from specialist insurer CFC to mitigate external risks associated with carbon removal projects. Bregal Sphere was advised by Howden, Norton Rose Fulbright, twentyfifty, and AXA Climate. About Bregal Sphere Bregal Sphere is an impact investing platform launched by Bregal Investments, an international private equity firm providing a platform for five direct investment teams and a fund-of-funds team across North America and Europe. Bregal Sphere invests targeted capital with the intention to generate positive, measurable social and environmental impact alongside financial return. For more information about Bregal Sphere, visit or follow us on LinkedIn. About PUR Since 2008, PUR has pioneered climate and nature interventions within value chains, earning recognition as a certified B Corp and a global leader in nature-based solutions. We specialize in empowering local communities to implement long-term socio-environmental projects, such as agroforestry, land preservation, and sustainable agricultural practices. For more information about PUR, visit or follow us on LinkedIn.


New Straits Times
3 days ago
- Business
- New Straits Times
Transforming Malaysia's energy landscape
KUALA LUMPUR: Imagine being able to track your electricity usage and bill right at your fingertips — no more waiting for the physical bill every month. Like checking your daily steps on a fitness app, you will be able to see how much you've used, how much it's costing you, and even how your choices impact the environment. This is the future Tenaga Nasional Bhd (TNB) is building today through its nationwide grid modernisation. At the heart of this transformation is the smart meter — a small device making a big difference. These smart meters record your energy use every 30 minutes and send the data to TNB daily. That means no more waiting for estimated bills or worrying about sudden spikes in cost. With a few taps on the myTNB app, you can now track your energy use, set budgets, and even see how your habits are helping (or hurting) the planet. TNB plans to install a minimum of 10.3 million smart meters throughout Peninsular Malaysia by 2030 to empower every household to make smarter, greener choices and take control of their bills. SMART ELECTRICITY GRIDS While households are seeing the benefits of smart meters, TNB is also upgrading what happens behind the scenes, through the implementation of the Distribution Automation (DA) Project. This initiative brings numerous benefits to both customers and field operations. On the customer side, one of the most important benefits is uninterrupted electricity supply, as users now enjoy a more stable power experience with minimal major disruptions. This significantly improves the overall customer experience, as the system helps improve power quality, optimise asset utilisation, and reduce outage durations. All of this is made possible as the system allows for rapid fault detection and faster decision-making, which significantly reduces restoration times during outages. At the operational level, TNB's control centres now utilise smart grid technologies that enable real-time monitoring and control of network assets. By using sensors and Intelligent Electronic Devices (IEDs), control centres receive automatic alarms and event notifications, allowing for more efficient responses. TNB operators can now remotely control critical components such as switches, circuit breakers, and reclosers — bringing benefits such as eliminating the need for manual intervention on-site and enhancing safety for on-ground personnel. This smarter grid doesn't just improve reliability; it also helps TNB prepare for a future powered by clean energy. TNB is also leveraging advanced analytics to predict equipment failures, analyse weather impact, and optimise overall grid performance. Thanks to this DA Project, nearly 33,000 substations have already been upgraded, benefiting millions of customers with more efficient power delivery. By 2030, 84 per cent of substations across Peninsular Malaysia will be part of this smart grid revolution. The project involves installing various equipment such as Remote Terminal Units (RTU), Field Terminal Units (FTU), Motorized Switchgear and other equipment at all types of substations (PMU – Main Intake Substation, PPU - Primary Distribution Substation, SSU - Switching Station and PE - Substation) at various voltage levels (132kV, 33kV and 11kV). As of now, the project has successfully installed and commissioned 4,565 substations, covering 3.6 million customers, bringing the total DA installation since 2014 to 32,905 distribution substations across Peninsular Malaysia. SUSTAINABLE ENERGY PRODUCTION TNB is also stepping up efforts to reduce Malaysia's carbon footprint. It is accelerating the integration of renewable energy (RE) into the grid, reducing reliance on fossil fuels and strengthening Malaysia's clean energy agenda. It's integrating more renewable energy, like solar and hydro, into the grid and preparing for a future where homes can generate, store, and even sell back electricity. One example is the Elmina Ilham Residence in Shah Alam. As Malaysia's first interconnected smart green community neighbourhood, 513 homes have been fitted with rooftop solar panels. Under TNB's Smart Community Infrastructure Programme, the homes have been equipped with 2.25kW solar panels through the Net Energy Metering (NEM) scheme, while the city will be under a rooftop leasing model using Community Renewable Energy Aggregation Mechanism (CREAM) - generating and offtaking green electricity within the community. Residents there can share clean energy within their own community, reducing both costs and emissions. To support this growing solar adoption, TNB is upgrading its systems to allow two-way energy flow, meaning energy can go from the grid to the consumer and vice versa. This shift is crucial in creating a cleaner, more flexible power system that supports TNB's Energy Transition Plan to achieve carbon neutrality by 2050, in line with the National Energy Transition Roadmap (NETR). Another key initiative supporting this national goal is the push for low-carbon mobility, and TNB plays a central role in driving this transformation. As the country's leading electricity provider, TNB is actively building a comprehensive EV charging ecosystem. Through its dedicated brand, TNB Electron, the company is deploying fast and accessible EV chargers across highways and urban areas, enabling both long-distance travel and daily convenience. In addition to installing its own chargers, TNB also supports Charge Point Operators (CPOs) to expand the national network, accelerating the adoption of cleaner transport options in line with Malaysia's Net Zero 2050 vision. POWERING ASEAN TOGETHER TNB's efforts tie directly into the Asean Power Grid — a bold regional initiative connecting power networks across Southeast Asia. Countries can share excess energy, balance their grids, and tap into each other's renewable sources. With its advanced smart grid and growing renewable capacity, Malaysia is well-positioned to be a key player in this cross-border energy exchange. Already, power-sharing agreements are in the works, turning Malaysia into a regional hub for clean and reliable electricity. These initiatives reflect TNB's commitment to modernising the energy landscape through innovation, sustainability, and community-led solutions, paving the way for a cleaner, more resilient future for all Malaysians.