The Mirage of Clean Power
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.
Coal Shortage: Crisis, False Solutions & Opportunity
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...
How India is making a way for coal: Energy Sector Updates
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,...
Coal vs Renewables тАФ Financial Analysis India- 2019
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...
US Federal Court Rules in Favour of IFC in Tata Mundra Case: Fishworkers and Farmers to Challenge Decision.
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...
Too Many Costs for Too Little: The Story of Tata Mundra
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...
Banks and Climate Change тАУ Global Trends in 2020
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...
Regional Seminar on Role of Financial Institutions in Energy and Infrastructure
A two-day regional seminar was held in Bilaspur on 30th Nov- 1st Dec 2019 organized by, All India Forum of Forest Movements (AIFFM) ChhattisgarhтАУVidarbha region, Mausam, Beyond Copenhagen Network and Centre for Financial Accountability...
Dialogue with Communities Affected by Thermal Power Plants in Madhya Pradesh
In the last week of September 2019, as part of a team I attended a programme taking place in the village Bhumka in Sidhi District in eastern Madhya Pradesh. Sidhi is a neighbouring district...
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A Burning Question for CoalтАЩs Brightest Star
If India is such a bright hope for global coal demand, why canтАЩt investors see it? The country will experience the largest increase in coal burning through┬а2023, according to the International Energy Agency, with...
Booklet: India 2018 Coal v/s Renewables Finance Analysis
This analysis examined 52 project finance deals comprising a loan component, across 54 coal-fired power and renewable energy projects (defined as hydroelectric, geothermal, wave, wind and solar power projects), with a financial close date...
Over 300 Organisations Ask JPMorgan Chase to Stop Financing Fossil Fuels
On the occasion of Chase’s Annual General Meeting (AGM), over 300 organisations from across the world demanded that JPMorgan Chase must do its part to realize the goals of the Paris Agreement, which calls...
Coal-Ravaged Indian Fishers Take to the Supreme Court
WILD ANIMALS ONCE RAN AMONG the acacia trees outside Navinal, one of many small villages hugging the Gulf of KutchтАУan inlet on India’s northwest coast. Gajendra Singh Jadeja remembers them well: Cattle foraged for...
PSBs Back Coal, Whereas Private-owned Renewables
A new analysis of energy project lending in India shows that majority of government-owned banks and financial institutions continued to fund coal projects in 2017. The same analysis also reveals private financial companies are...
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