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CIL subsidiaries to have autonomy in base e-auction price from November

By : Sustainability ..., Oct 20, 2020

Coal India subsidiaries will have autonomy in fixing the base price for e-auction coal from November depending on demand, sources said on Monday. Currently, the base price is kept aligning with...

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World Bank's IFC adopts new climate rules to deter lenders from backing coal

By : Sustainability ..., Sep 24, 2020

LONDON: The World Bank's private-sector arm has introduced new climate change conditions for its investments in commercial banks to encourage the lenders to wind down support for coal projects in Africa and Asia. The International Finance Corporation (IFC), which owns equity...

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CIL board clears 18 new mining projects with Rs 2,125-crore investment

By : Sustainability ..., Sep 24, 2020

Coal India has taken possession of 4,083.51 hectares of land for expansion of its mining projects, chairman and MD Pramod Agarwal said at the company’s 46th annual general meeting on Wednesday. The board has cleared 18 new mining projects with rated capacity of 132.04 mt with...

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CSE report questions govt's move to expand coal mining

By : Sustainability ..., Aug 19, 2020

A new joint investigation by Centre for Science & Environment(CSE)/Down to Earth magazine has raised serious questions about the rationale...

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Subject Tags: coal , mining

Govt to do away with mandatory washing of coal for thermal power units

By : Sustainability ..., May 6, 2020

The Centre is planning to do away with the mandatory requirement of washing of coal before it is transported to thermal power stations. The Ministry of Environment, Forest and Climate Change (MoEFCC), in a discussion note, suggested that coal washing should be done away with...

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Coronavirus risks future of India's coal-fired power plants: IEEFA

By : Sustainability ..., May 5, 2020

The coronavirus pandemic and subsequent nationwide lockdown have highlighted the growing financial risks to India's coal-fired power plant sector, a technology being replaced by new, cheaper, and cleaner renewable energy, an IEEFA note said on Monday. Entitled 'Who Would...

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Coal investments can risk post-Covid economic stimulus: Carbon Tracker

By : Sustainability ..., Apr 9, 2020

China and other nations could be burdened with uneconomic and climate-unfriendly coal power for decades if they build new capacity to stimulate their economies in the wake of the Covid-19 pandemic, a move China appears to be already considering, Carbon Tracker warned in a new...

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Subject Tags: coal , coronavirus , economy

Coal capacity pipeline declines in India, new coal projects continue to be added

By : Sustainability ..., Mar 26, 2020

On the brighter side, a staggering 47.4 gigawatt (GW) coal-fired power projects at different stages were cancelled in the country last year. On the darker side, 8.8GW of new coal-fired capacity has entered the under-construction phase, all of which is reliant on significant...

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Indian Coal Mining Company Tenders 115 Megawatts Of Solar Projects

By : Sustainability ..., Mar 24, 2020

Rarely do we see companies following up on their renewable energy commitments with concrete actions, more so when companies are giants in the fossil fuel sector. However, a coal mining company in India has turned out to be an outlier in this regard and is taking measures to...

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Wind and solar plants will soon be cheaper than coal in all big markets around world, analysis finds

By : Sustainability ..., Mar 12, 2020

Building new wind and solar plants will soon be cheaper in every major market across the globe than running existing coal-fired power stations, according to a new report that raises fresh doubt about the medium-term viability of Australia’s $26bn thermal coal export industry...

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