The world’s largest asset manager predicts a “fundamental reshaping of finance” as the climate threat comes into sharper focus. In a move that will resound across the world of energy investing, BlackRock, the world’s largest asset manager, this week warned of a “fundamental reshaping of finance” as the impacts of climate change become better understood. […]
Three-Quarters of New US Generating Capacity in 2020 Will Be Renewable, EIA Says
2020 will be a record year for U.S. renewables construction as 6 gigawatts of coal capacity goes offline, according to new government figures. The U.S. Energy Information Administration has confirmed what it and industry watchers predicted a year ago — that wind and solar power will expand on their already-large share of new U.S. generation […]
Proposed carbon tax waiver on coal may pose risks to India’s renewables growth: Fitch
Fitch Solutions on Monday said that the centre’s proposed carbon tax waiver on coal may pose substantial downside risks to India’s renewable sector growth. In a bid to alleviate significant debt levels in the power industry, India has proposed to waive carbon taxes on coal (Rs 400 rupees/tonne), it said. This comes at a time […]
NIT for Purchase of 1000 MW Power under Short Term Basis through DEEP Portal
NIT for Purchase of 1000 MW Power under Short Term Basis through DEEP Portal GOI for a period from 01.03.2020 to 28.02.2021 under Case-4 envisaged for allowing flexibility of utilization of domestic coal For more information please see below link:
PM Narendra Modi’s office proposes waiving carbon tax on coal
Modi’s office has proposed waiving the carbon tax of 400 rupees ($5.61) per tonne that was levied on the production and import of coal, according to the documents reviewed by Reuters NEW DELHI: Prime Minister Narendra Modi’s office has proposed waiving a tax on coal to help finance pollution-curbing equipment, according to documents, but the […]
Order: Seeking adjustment of tariff for increase/ decrease in cost/ revenue
Order dated 05/12/19 for 1440 MW coal fired thermal power plant at Ucchpinda, Chhattisgarh developed by R.K.M. Powergen Private Limited. Petition under Section 79(1)(b) of the Electricity Act, 2003 read with Article 10 of the PPA dated 15.3.2016and Clause 4.7 of the Competitive Bidding Guidelines, seeking adjustment of tariff for increase/ decrease in cost/ […]
Approval of procurement of Additional Coal in case of shortfall of FSA Grade Coal for supply of 170 MW power
Order dated 09/12/19 for Dhariwal vs NPCL -Petition no. 1318 1319 and 1438 – Approval of procurement of Additional Coal in case of shortfall of FSA Grade Coal in FY 2018-19 for supply of 170 MW power For more information please see below link:
Coal-based power plants’ PLFs remain muted in November
The utilisation level at coal-based power plants remained muted in November amid the slowdown in electricity usage. The utilisation level at coal-based power plants remained muted in November amid the slowdown in electricity usage. The average plant load factor (PLF) of these power plants was 51.4%, against 60.5%in the corresponding month last year. The falling […]
China Plans New Coal Plants, Trims Support For Clean Energy
As world leaders gather in Spain to discuss how to slow the warming of the planet, a spotlight falls on China — the top emitter of greenhouse gases. China burns about half the coal used globally each year. Between 2000 and 2018, its annual carbon emissions nearly tripled, and it now accounts for about 30% […]
Global Coal-Based Power Set for Record Decline, India’s Economic Slump Also a Factor
The report by Carbon Brief also pointed out that global emissions still remain substantially higher than the levels required to meet the goals under the 2015 Paris agreement. New Delhi: Electricity generation from coal-fired power plants is set to decline by 3% this year, the largest drop on record, according to a report published by […]
