Renewable energy lending up by 60% last year

Companies engaged in coal power expansion received US$ 2 billion in underwriting services from US based financial institute New Delhi, December 19, 2024: The Centre for Financial Accountability released its seventh annual Coal vs Renewables...

Read more January 1, 2025 at 11:50 am CFA

Concerns resurface over expansion of Ennore thermal plant ahead of public hearing

Concerns have resurfaced over Tangedco’s Ennore Thermal Power Station (ETPS) expansion project, as the Tamil Nadu Pollution Control Board (TNPCB) is set to hold a public hearing on December 20. Locals and environmentalists are...

Read more December 10, 2024 at 5:27 pm The Hindu

कोणत्या किंमतीवर? कोराडी पॉवर प्लांटचा विस्तार करण्याच्या महाराष्ट्राच्या योजनेत अनेक धोके आहेत

पर्यावरण आणि आर्थिक भार महाजेनकोच्या कोराडी फेज-2 योजनेला आच्छादित करतात. 19 सप्टेंबर 2024 रोजी, EAC ने नागपूर, महाराष्ट्र येथे 660 मेगावॅट क्षमतेच्या कोळसा-आधारित सुपरक्रिटिकल थर्मल पॉवर प्लांटच्या प्रस्तावित दोन युनिट्सना पर्यावरणीय मंजुरी दिली. महाराष्ट्रातील...

Read more December 10, 2024 at 12:39 pm Deepmala Patel

New Phase, Old Problems: Questioning the Human Cost of NTPC Gadarwara’s Expansion

The second stage of National Thermal Power Corporation Limited (NTPC)  owned Gadarwara Thermal Power Plant located in Narsingpur district of Madhya Pradesh, 2*800 (1600 MW) is currently in process. The minutes of the March...

Read more October 28, 2024 at 4:51 pm Deepmala Patel

Corporates dominate coal mines in Singrauli region

Indian coal reserves are so huge that they exceed internal demand and can even be exported. Yet, at all international forums, Modi says India is ready to cut its emissions and become a "leading...

Read more May 14, 2024 at 1:50 pm Deepmala Patel

Perils of banking on fossil fuels

A new report shows that nine major Asian banks, including three of India, are open to doing business in coal – the dirtiest of all fossil fuels. These three banks are State Bank of...

Read more February 7, 2024 at 12:37 pm Jitendra Choubey

Fossil Fuel Phase-Out Poses A Narrowing Window For India 

While the climate change conference marks the beginning of the end of the fossil fuel era, India will have to urgently find ways to move away from coal. Securing finance for new projects is...

Read more January 1, 2024 at 5:03 pm Snigdhendu Bhattacharya

No coal power plant in India receives lending second consecutive year: Analysis

As representatives from nearly 200 nations gather for over a week for COP28, this year’s annual UN climate conference, being held in the oil-producing UAE and led by the head of the country’s state...

Read more December 8, 2023 at 6:20 pm Hans India

Renewables prevail: Second consecutive year without project finance for coal power plants in India

Against the backdrop of intensifying global discussions on phasing out fossil fuels at COP28 in Dubai, a report by the Centre for Financial Accountability (CFA) and Climate Trends, an environmental think tank, reveals a...

Read more December 8, 2023 at 6:13 pm Krishnendu Bandyopadhyay

Lenders choose renewables over coal for second year in a row

As negotiations and discussions build up around the Fossil Fuels phase-out at the COP28 in Dubai, back home, for the second year in a row, no coal power plant has received project finance lending...

Read more December 8, 2023 at 3:17 pm CFA

Coal vs Renewables Investment Report 2023

This analysis assessed 68 project finance loans across 11 coal and renewable energy projects in India that reached financial closure between 1 January 2022 and 31 December 2022. Renewable energy projects are defined as...

Read more December 8, 2023 at 3:00 pm CFA and Climate Trends

Update from the Thermal Energy Sector in India (July, 2023)

Given the global trend towards sustainable finance, the Government of India has limited options to sell its stake in IDBI. Without a commitment to a "no new coal" policy, major international financial institutions would...

Read more October 4, 2023 at 7:30 pm CFA

कोयले की शक्ति : अक्षय ऊर्जा के महत्वाकांक्षी लक्ष्यों के बावजूद उत्तर प्रदेश में कोयला आधारित 1600 मेगावाट पावर प्लांट को मंजूरी

भारत का लक्ष्य 2022 तक अक्षय ऊर्जा यानी रिन्यूएबल एनर्जी (अक्षय ऊर्जा या नवीकरणीय ऊर्जा के उदाहरण हैं – बायोगैस, बायोमास, सौर ऊर्जा इत्यादि.) से 175 गीगावॉट बिजली उत्पादन करने का था।

Read more September 14, 2023 at 12:17 pm Deepmala Patel

India’s divestment efforts could benefit from a ‘no new coal’ policy

India already has ambitious renewable energy plans, but its coal baggage and failure..

Read more July 26, 2023 at 8:00 pm Joe Athialy

झाबुआ थर्मल पावर प्लांट से निकलने वाली राख स्वास्थ्य और पर्यावरण के लिए एक गंभीर खतरा

मध्य प्रदेश के गोरखपुर गांव में स्थित झाबुआ थर्मल पावर प्लांट से निकलने वाली राख आम लोगों के जीवन में जहर घोल रही है। क्षेत्र में विकास और रोजगार का वादा करने वाला यह...

Read more June 11, 2023 at 9:30 pm Deepmala Patel