In early August, the Union Cabinet approved India’s updated Nationally Determined Contributions (NDC) that have hence been formally communicated to the United Nations Framework Convention on Climate Change (UNFCCC). These include goals like reducing the emission intensity...
Last month the residents of several villages of Nagpur district woke up to the nightmare of being inundated with fly-ash. Located in the north of Nagpur city are Koradi and Khaparkheda thermal power stations...
पिछले महीने, 16 जुलाई 2022 को सुबह हुई दुघर्टना में, 1974 में शुरू हुए (47 वर्षीय) महाराष्ट्र के नागपुर स्थित ‘कोराड़ी थर्मल पावर स्टेशन’ के राख-तालाब का एक हिस्सा टूट गया और उसमें जमा हुआ पानी और राख गावों में, नदी-नहर, पीने के पानी के...
The power crisis, triggered by the coal shortage, has been in the news for the past few months. Almost the whole of India was caught in a serious power crisis from early May 2022.
Landmark corporate accountability case resulted in critical reforms for the World Bank’s lending arm. April 26, 2022 New Delhi: Last evening India time, the U.S. Supreme Court denied a petition from a fishing community...
Mr. Amit Bhandari, in his article “A sovereign wealth fund for oil security” published in the Financial Express on February 1, 2022 suggests that despite the push for renewable energy and electric vehicles, the...
The government has over the years made its priorities clear as to whose interest it serves. It is evident from the fact that the government continues with its gross underspending on key social sectors...
A system that thrives on an ever-increasing demand for electricity will automatically push the burden to unsatiable demand for the fuels that produce it.
India's power ecosystem, which depends overwhelmingly on coal to meet the country's baseline electricity demand, is suddenly faced with an acute coal shortage. Even when the Coal Ministry tried to play down the coal...
Coal has not been only always costlier from the perspective of socio, economic, and ecology, but it has also been one of the biggest greenhouse gas emitters in the energy sources. Despite that, post-pandemic,...
The third annual Coal vs Renewable Financial Analysis 2019 marks a second consecutive year on year decline in coal funding following a 90% decrease in 2018. The report finds a 126% drop in funding...
Press Statement | February 19, 2020 US Federal Court Rules in Favour of IFC in Tata Mundra Case: Fishworkers and Farmers to Challenge Decision. IFC hides it shame & guilt behind technicalities of jurisdiction...
Statement in response to news reports that the company has written to the Ministry of Power that they will stop operating the Mundra project from February 2020. Mundra, Gujarat January 13, 2020: Tata power...
A new year is around the corner. Time to make some predictions about how financial institutions will respond to the growing threat of climate change, stranded assets, and eroding social license will pose. UK...