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Phase out of coal plants can avoid over 14.5mn premature deaths: Study – EQ Mag Pro

New Delhi : An early phase out of coal plants around the world could help avoid over 14.5 million premature deaths from air pollution over the next three decades, a new analysis published on Tuesday said, delivering an economic benefit of $16.3 trillion. This equates to saving around 425 million years of life, or gaining […]

Every 2nd Delhiite getting power subsidy opts to continue with it – EQ Mag Pro

China’s pledge to end building coal plants abroad improves Belt and Road’s reputation, development bank says – EQ Mag Pro

China’s pledge to stop building new coal-fired power projects overseas could improve the reputation of its massive Belt and Road Initiative, said Jin Liqun, president of the Asian Infrastructure Investment Bank. Coal projects were a consistent feature of the BRI in the last years. China has started to move away from such projects, and has […]

Queensland sets 80 pct renewables target for Australia’s most coal-dependent state – EQ Mag Pro

Unnecessary coal plants could waste India’s Rs 247,421 cr, says report – EQ Mag Pro

A total of 27 GW of pre-permit and permitted new coal power plant proposals in India are now superfluous to its electricity requirements A total of 27 GW of pre-permit and permitted new coal power plant proposals in India are now superfluous to its electricity requirements. These coal project proposals could jeopardise the achievement of […]

Every 2nd Delhiite getting power subsidy opts to continue with it – EQ Mag Pro

Retiring Old Coal Plants Can Help Maharashtra Save Rs 16,000 Cr in Five Years: Report

Maharashtra can save up to Rs 16,000 crore in the next five years by shutting down old coal-fired power plants, along with other measures, an environmental advocacy group said on Thursday. The savings can go up to Rs 75,000 crore over a decade if the state follows a set of recommendations, the report by Climate […]

Every 2nd Delhiite getting power subsidy opts to continue with it – EQ Mag Pro

India may build new coal plants due to low cost despite climate change

Coal’s contribution to electricity generation in India fell for the second straight year in 2020, marking a departure from decades of growth in coal-fired power. Still, the fuel accounts for nearly three-fourths of India’s annual power output. CHENNAI: India may build new coal-fired power plants as they generate the cheapest power, according to a draft […]

Every 2nd Delhiite getting power subsidy opts to continue with it – EQ Mag Pro

Australia emerges as APAC renewable energy leaders

That makes up one third of all power projects with new renewable energy sources to deliver around 80 gigawatts (GW) of power in the coming years. Japan took second place with a large range of wind projects slated for that country with the region’s leading emerging market Vietnam coming third. IHS Markit vice president global […]

Queensland sets 80 pct renewables target for Australia’s most coal-dependent state – EQ Mag Pro

Larsen & Toubro wins significant contracts in domestic and overseas markets

The company did not specify the exact value of the contracts but as per L&T specification, a significant contract ranges between Rs 1,000 crore and Rs 2,500 crore. NEW DELHI: Larsen & Toubro (L&T) on Friday said its construction arm has won significant contracts in domestic and overseas markets. However, the company did not specify […]

S&P Dow Jones Indices Launches Net Zero 2050 Paris-Aligned Climate Bond Index – EQ Mag Pro

Green energy capacity to multiply 6-fold in 10 years: CEA

Total share of non-fossil-fuel plants will jump to 65% of the total projected capacity of 831,502 MW from 36.6% of the current installed capacity of 356,817 MW, according to CEA. KOLKATA: India’s renewable energy capacity will gallop ahead and multiply almost six-fold in the next decade, while the share of coal-fired plants in the energy […]

Every 2nd Delhiite getting power subsidy opts to continue with it – EQ Mag Pro