In its NDC (Nationally Determined Contribution) submission in October 2015for the UNFCCC Paris Agreement (December 2015) on climate change, the Indian government had pledged that 40% of its
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.
After making a pledge in the Paris Agreement to increase the share of renewable energy, India is not only pushing large scale renewable energy projects including solar and wind projects, but it has also...
Press Release| Bangalore| Dated: 13th May 2020 As the nation and the world struggles with the unplanned lockdown imposed to fight COVID-19, Prime Minister Narendra Modi and his Cabinet Ministers have been promoting a...
15 years back power sector witnessed a huge expansion. Between 2005 and 2011, thermal projects with 700 GW were given either TOR or EC by the government in around 570 projects, with estimated investments...
“We live in an age of urgencyтАж We cannot remain silent onlookers while corporate profiteers, financiers, and their allies peddle false solutions for addressing climate change and implementing sustainable development,тАЭ declared the joint statement...
A Joint Statement The False Promises of Hydropower: How dams fail to deliver the Paris Climate Agreement and the UN Sustainable Development Goals┬аby Civil Society Organizations on occasion of the 2019 World Hydropower Congress...
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...
The report, prepared by Delhi-based Centre for Financial Accountability (CFA), finds that coal received Rs 60,767 crore ($9.35 billion) in lending whereas renewable energy received Rs 22,913 crore ($3.50 billion). New Delhi: A majority...
India Wants More Renewables, but its Banks are Pouring Billions into Coal Even as the Narendra Modi government pushes for renewable energy, Indian financiers are backing coal-based power projects. Around 73% of all funding...
A majority of government-owned banks and financial institutions continued to fund coal projects in India in 2017, an analysis of energy project lending said on Tuesday. It also reveals that comparatively, private financial companies...
June 19, 2018 – A new analysis of energy project lending shows that majority of government owned banks and financial institutions continued to fund coal projects in 2017. The same analysis also reveals private...
This report identified and reviewed project finance lending to 72 energy projects, comprising coal-fired power stations and renewable energy generation facilities in India that reached financial close in 2017. These projects attracted total lending...
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It is noteworthy that currently, coal-based power projects are under threat due to lack of coal linkages and power purchase agreements, thus stalling many existing power projects and discouraging many companies from expanding to...
