IEX does offer an opportunity to play strong earnings outlook in the near term. The earnings growth outlook is pretty robust, although valuations have started looking a bit high, said Sumit Kishore, ED-capital goods, power and infrastructure, Axis Capital, adding that the risk of market share loss for a monopoly appears more prominent because before […]
Solar Briefly Overtakes Coal For the First Time in Australia – EQ Mag Pro
For a few minutes on Sunday, solar energy supplied more than half of Australia’s power generation, marking the first time that solar has outstripped coal in a country long dependent on fossil fuels to produce electricity, The Guardian reported. Renewables fare better during shoulder seasons, when there is little demand for heating and cooling, and […]
India’s Coal Ambition Negating Its Climate Action, Feel Experts
Although India’s total installed renewable energy generation capacity crossed the 100 GW-mark in an incredible achievement, experts feel that the expansion and addition of new coal-based power plants is negating its climate actions. New Delhi : Although India’s total installed renewable energy generation capacity crossed the 100 GW-mark in an incredible achievement, experts feel that […]
Touted As Clean, ‘Blue’ Hydrogen May Be Worse Than Gas Or Coal
“Blue” hydrogen – an energy source that involves a process for making hydrogen by using methane in natural gas – is being lauded by many as a clean, green energy to help reduce global warming. But Cornell and Stanford University researchers believe it may harm the climate more than burning fossil fuel. The carbon footprint […]
Coal Supply to Power Plants Dipped in Past 3 Years; Declined More in FY21 Due to COVID: Power Min
New Delhi : Coal supply to power plants dipped during the last three years, but declined more in 2020-21 due to the COVID-19 pandemic, Parliament was informed on Thursday. Coal supplies to power plants stood at 643.7 million tonnes in 2018-19, 638.7 million tonnes in 2019-20 and 596.3 million tonnes in 2020-21. It was 171.7 […]
Petition For Determination of Tariff of 1200 MW Coal Based Power Project at Odisha
Petition For Determination of Tariff of 1200 MW Coal Based Power Project at Village-Derang, District-Angu,Odisha. For more information please see below link:
Adani Boosting Coal Assets Despite Vow to be Carbon Neutral
Adani Group is doubling its coal-fired power capacity to 24 gigawatts, plans to own, develop or operate new coal mines with a combined capacity of 132 million tons a year, and is pursuing oil and gas projects, including a partnership with France’s TotalEnergies SE. According to a report Gautam Adani is increasing his footprint in […]
Petition For Carrying Out Prudence Check of the Cost For Procurement And Use of Additional Coal
Carrying out prudence check of the cost for procurement and use of additional coal on account of shortfall in supply of FSA Grade Coal in FY 2019-20 for the supply of power to NPCL in Petition no 1630/2020. For more information please see below link:
Adani Group Strikes First Coal From Its Carmichael Mine in Australia
The project had faced protests from a section of population with several banks even refusing to fund it. Carmichael coal will contribute to Adani Group’s burgeoning energy portfolio that is designed to create a sustainable energy mix, incorporating thermal power, solar power, wind power and gas. The Adani group struck first coal from its Carmichael, […]
Phasing Out Coal Will Require Germany to Build New Gas Plants
Germany has an opportunity to phase-out coal power plants almost a decade ahead of schedule — but it will require a fleet of natural gas plants to do it, a new study by Wartsila Oyj shows. Adding as much as 12 gigawatts of gas-fired, combined heat and power plants to a mix of renewable energy […]
