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...
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,...
Coal Fly ash – a threat to our food and water security
Between 2010 and 2020, India has witnessed more than 76 fly ash related incidents with eight major fly ash dyke breach incidents happening only between 2019 and 2021. Even as the country went into the...
The Dark Side of Thermal Power Plants Case Studies of Thermal Power Projects and Violations of Law
Of India’s installed power generation capacity of 331,118 megawatts (MW), 58%, or around 193,426MW, is fuelled by coal. Gas-based and hydropower projects account for 25,150MW and 44,765MW, respectively. Coal, one of the key polluters...
Beijing-based infrastructure bank ‘funding’ India’s environmentally risky projects
A new civil society note has questioned the operations of the Beijing-based Asian Infrastructure Investment Bank (AIIB), a multilateral development bank that aims to support the building of infrastructure in the Asia-Pacific region, seeking...
Briefing Note: AIIB’s Investment in the NIIF: Why is it a Risky Venture?
With large infrastructure projects at the core of its investment support strategy, it is essential for the AIIB to ensure that their funds are directed to sustainable investments. In a country like India, where...
Promise of Renewable and Clean Energy: What Changed in BJP’s Five Years
The generation of solar energy also forms part of the BJP’s plans to ‘double farmers’ income by 2022’ in view of enabling food providers to also take on the role of becoming energy providers....
Congress Manifesto Recognises Air Pollution Crisis
The Congress manifesto for the Lok Sabha polls recognises air pollution as public health emergency, but whether other political parties, like the BJP or the AAP, will take note of this is yet to...
Banks on the Brink
The unprecedented crisis in the Indian banking sector, which has brought banks’ lending operations to a virtual standstill, means that they can do little to help the economy, which is buffeted on multiple fronts....
Power Sector NPAs: New Report Slams Parliamentary Panel on Energy
The 37th Report of the Parliamentary Standing Committee on Energy failed to fix accountability for the NPA crisis in the power sector, while absolving disastrous moves like delicensing. A new report by Delhi-based Centre for Financial...
Parliamentary Panel Failed to Address NPAs in Power Sector? A Delhi Think Tank Believes so
In a critique of the March 2018 report of the Parliamentary standing committee on energy, CFA has stated that the recommendations suggested by the Committee to address the problem of stressed assets in power...
A Critique of Report on ‘Stressed/Non-Performing Assets in Electricity Sector’
A new report has criticised the Parliamentary Standing Committee on Energy for failing to fix responsibility on who should have been held accountable for the current NPA crisis in the power sector. The report,...
The corruption in the power sector is in the tune of over one lakh crore: Paranjoy Guha Thakurta
August 23, 2017, New Delhi: “The corruption in the power sector is in the tune of over one lakh crore,” said senior journalist and author Paranjoy Guha Thakurta. The former editor of EPW and...
Indian Movements/CSOs Submit Comments on NITI Aayog’s Draft of National Energy Policy
A group of civil society organisations, which has reviewed, and analysed the 2017 draft of the National Energy Policy (NEP), submitted its comments and suggestions from the financial perspective for improving the draft of...