What’s happening in Thermal and Renewable Energy Sector?
Despite the Indian Government’s claim to reduce the use of coal and thermal power plants, various new coal mines have recently started commercial operations.
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...
CO2 cuts in doubt as China, India bend coal targets
Climate change action demands stricter emissions control of Asia Pacific’s coal burners, say analysts.
World Bank’s private sector arm to stop supporting new coal
The International Finance Corporation (IFC), the private sector arm of the World Bank, is to stop supporting new coal projects, a move described by campaigners as welcome but long overdue.
IFC to stop funding new coal-powered electricity projects
The IFC has reportedly lent close to $5 billion to almost 88 financial institutions in India
IFC will no longer allow financial intermediary clients to support new coal projects
An extension of the coal reduction policy to all lending will act as a strong impetus for Indian financial institutions to strengthen their own policies on coal reduction.
IFC announces it will stop clients funding new coal projects
Previous policy allowed the IFC’s financial clients to support new coal projects as long as they exited coal by 2030, but the new update explicitly rules out new coal.
Are we parting ways with coal or digging in deeper?
The expenditure budgeted for the year 2023-24 is 192 crores which is 50% less than the budget of the previous years. At the face of it, it would seem that India is phasing out...
Demand to scrap ‘unnecessary, potentially harmful’ large, new coal blocks’ auction
As many as 70 people’s movements, trade unions and civil society organisations (CSOs)* have asserted that India’s biggest ever coal mine auction, announced in November last year “will aggravate climate crisis” and “is against...
India’s Biggest Ever Coal Mine Auction will Aggravate Climate Crisis; Is Against India’s Climate Pledges
The central government opening the biggest new coal mine auction, announced in November 2022, is a mockery of the Prime Minister’s own climate announcements at climate change summits, and an invitation to worsening the...
National Financial Institutions lent 7.12 lakh crores to TPPs between 2005-2022: Study
The report finds 65% accrues to NBFCs, 31% came from public sector banks, and 4% from private banks
L&T Finance replaced SBI as the biggest renewable energy financier in 2021: Study
The fifth edition of Coal vs Renewable Financial Analysis, authored by Climate Trends and Centre for Financial Accountability (CFA), was released at CFA’s annual energy finance conference hosted in collaboration with IIT Madras on Tuesday. ...
Financiers prefer wind and solar over coal: Study
Coal vs Renewables Financial Analysis 2022 identifies L&T Finance replacing SBI as the biggest financier in project finance for renewable energy in 2021. The fifth edition of Coal vs Renewable Financial Analysis, authored by...
Follow the Money, As Funding Shifts Completely to Renewables Over Coal in 2021
A study titled “Financiers Prefer Wind And Solar Over Coal” has been released by CFA (Center For Financial Accountability). According to the Coal vs. Renewables Financial Analysis 2022, L&T Finance overtook SBI as the...
The Coal Trail
India’s installed capacity for power generation has also seen a tremendous rise, standing at 405.77 GW. What is also readily observable is the dominant share of coal in the installed capacity equalling 204 GW,...
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