Global coal prices and demand have fallen, as coal is being replaced by other sources of energy. It is replaced by shale gas in the US and is likely to lose out to renewable energy in China. In India, the new government is keen to accelerate mining to unlock indigenous coal reserves of 200 billion metric tonnes.
Tag: energy
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Japan may expand infrastructure tie-ups
The promise of faster decision-making and emphasis on infrastructure has Japanese investors excited, and they are ready to bank roll and provide expertise to develop India´s physical infrastructure.
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Waste to Energy Report
A Task Force on “Waste to Energy” has submitted its report to the Deputy Chairman, Planning Commission Dr. Montek Singh Ahluwalia. The Task Force was constituted under the Chairmanship of Dr. K. Kasturirangan to identify technically feasible, financially affordable and environmentally sound processing and disposal technologies for Municipal Solid Waste (MSW). It had also evaluated technological options, financial mechanisms and institutional arrangements to enhance resource recovery and promote
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Prime Minister, please
By the time this issue reaches your hands, the new government would have taken over. Which are the burning issues in the infrastructure space that have to be tackled on an urgent basis?
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Two more thermal power plants in Karnataka
Karnataka is planning to set up two new thermal power plants to address the increasing demand for power in the coming years. The state minister for energy DK Shivakumar said the government was trying to identify land to set up the proposed power plants.
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Karnataka-as new power policy
The Karnataka government will soon announce its new power policy. According to DK Shivakumar, Minister for Energy, Karnataka, the new policy will give thrust on tapping non-conventional energy. He said that the proposed power policy would be an exhaustive one covering all aspects and harnessing solar and wind power to generate electricity under private-public partnership.
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Tata Technologies to enter healthcare, energy and telecom sector
Tata Technologies, a Tata group's design and engineering arm is all set to enter sectors such as energy including oil & gas, medical devices and telecom.
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Essar Power to refinance debt via bond issues
In order to refinance past debt, Essar Power issued Rs 1,000 crore worth of rupee denominated bonds. Including this bond issue, the company has so far raised Rs 2,750 crore and it plans to raise another Rs 2,250 crore. With these bond issues, the power generating arm of the London-listed Essar Energy intends to refinance loans wort
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Jindal power to expand
Jindal Power (JPL), the energy wing of Jindal Steel & Power which owns and operates a 1,000 MW (4x250) thermal power station in Tamnar, Chhattisgarh, is taking up an expansion project at an estimated cost of Rs 13,500 crore.
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2013 IHS Day APAC Summit to be held in New Delhi – Connect Decision Making
IHS(NYSE: IHS), the leading source of information, insight and analytics in critical areas that shape today's business landscape, will be hosting the IHS Day APAC Summit in New Delhi on 25th July at Taj Palace Hotel. Under the theme "Connect Decision-Making with the Source of Critical Information and Insight"