India is set to overtake China as the biggest importer of power-station coal, emerging as the leader of a clutch of regional nations that miners including Glencore Plc and BHP Billiton Ltd can tap for new orders.
Tag: Coal
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MoU for transporting coal from MCL
The State Government signed an MoU with coal and railway ministries in New Delhi recently to form a special purpose vehicle (SPV) for evacuation of coal through rail from Talcher coalfields.
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Power plants falter on green regulations
A staggering 90 per cent of coal-based thermal power plants in India fare unsatisfactorily on the environmental front. While state-owned power generation companies are among the worst performers, plants owned by private firms have performed better on environmental and energy parameters.
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RE-INVEST: 2,66,000 MW green energy commitments
RE-INVEST was held in New Delhi from 15th to 17th February 2015 with the primary aim of attracting large-scale, longer tenure investments in the country´s renewable energy sector. The Ministry of New and Renewable Energy organized the event with the support of the Prime Minister´s ´Make in India´ infinitive.
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´Impose higher carbon tax on petrol products & coal´
The economic survey has hinted at higher carbon taxation on petroleum products and coal to gain a footing at the year-end climate change dialogue in Paris. The survey highlighted the need and scope for rationalizing coal and petroleum prices and making them equivalent to international prices.
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NTPC commits to add 10,000 MW of solar
NTPC has committed to add 10,000 MW through solar projects at RE-Invest - 2015, the first renewable energy global investment meet which was held in New Delhi. Dr Arup Roy Choudhury, CMD, NTPC, presented the certificate of commitment to Prime Minister Narendra Modi in the presence of Piyush Goyal, Minister of State (Independent Charge) for Power, Coal and New & Renewable Energy and PK Sinha, Secretary, Power, GOI.
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Investments in RE will be protected
Piyush Goyal, Union Minister of State (IC) for Power, Coal & New and Renewable Energy (RE) has assured the country that the government will make sure that the investments in India will be protected and encouraged.
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Solar & wind power policies released in Andhra Pradesh
Piyush Goyal, Union Minister of State for Power, Coal and New and Renewable Energy and Andhra Pradesh Chief Minister N Chandrababu Naidu have jointly released the Andhra Pradesh Solar and Wind Power Policies for 2015.
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Railways hopeful of higher GDP growth
Indian Railways´ target of increasing freight tonnage by an incremental 85 million tonnes (mt) in 2015-16, against the traditional annual average of 50 mt, might appear ambitious, but the national transporter believes achieving such growth will not be a big task.
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Rs.1 lakh-crore orders soon for power, mining equipment
The power and coal sectors will shortly issue orders worth over Rs 1 lakh crore for various projects, including four new giant power projects, according to Piyush Goyal, Union Minister of Coal, Power and Renewable Energy.