Updates on Coal, Energy, IFIs, Land, Water and Forest: 30 July 2015

A.Coal & Energy

  1. JV with NTPC for Patratu inked: http://www.telegraphindia.com/1150730/jsp/jharkhand/story_34326.jsp#.VbnEjPmqqko
  2. Satpura thermal plant incurred excess expenditure of Rs 1,000 cr on coal and oil: CAG: http://timesofindia.indiatimes.com/india/Satpura-thermal-plant-incurred-excess-expenditure-of-Rs-1000-cr-on-coal-and-oil-CAG/articleshow/48272541.cms?
  3. ABC corrects Alan Jones’s Q&A claim that boosted cost of wind power tenfold: http://www.theguardian.com/australia-news/2015/jul/30/abc-corrects-alan-joness-qa-claim-that-boosted-cost-of-wind-power-tenfold
  4. Nava Bharat Ventures achieves financial closure for 300 MW coal project:http://economictimes.indiatimes.com/articleshow/48265526.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
  5. Alston T&D to supply transformers to Neyveli Thermal Power Station: http://www.business-standard.com/article/companies/alston-t-d-to-supply-transformers-for-neyveli-thermal-power-station-115072900642_1.html
  6. Non-coal mine auctions Centre to deploy officials to push state preparedness: http://indianexpress.com/article/business/business-others/non-coal-mine-auctions-centre-to-deploy-officials-to-push-state-preparedness/#sthash.vJ3T9RHZ.dpuf
  7. U.S. Private Sector Vows To Ante Up On Climate Finance: http://www.climatecentral.org/news/private-sector-climate-finance-19286
  8. A coal power plant project near BRB Canal had been scrapped: http://tribune.com.pk/story/928318/coal-power-plant-project-scrapped-govt-says/
  9. Meralco plans to invest $1.2 billion in power projects: http://www.mb.com.ph/meralco-plans-to-invest-1-2-billion-in-power-projects/#sUmr81ug7T72s43T.99
  10. Oil, gas usage up; coal declines: http://english.cntv.cn/2015/07/28/VIDE1438026717277490.shtml
  11. Rajasthan cabinet approves Rs 1.56 lakh crore worth solar projects:http://economictimes.indiatimes.com/articleshow/48257209.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
  12. Can floating solar panels solve Mumbai’s power woes? – See more at: http://www.mid-day.com/articles/can-floating-solar-panels-solve-mumbais-power-woes/16407175#sthash.ytk6yVtg.dpuf
  13. G20 could determine if rich meet climate finance promise: http://www.rtcc.org/2015/07/28/g20-could-determine-if-rich-will-meet-climate-finance-promise/#sthash.Zfd7uiQ6.dpuf
  14. Peabody flags Australian coal mine cuts as shares lose 93% in a year:: http://www.smh.com.au/environment/peabody-flags-australian-coal-mine-cuts-as-shares-lose-93-in-a-year-20150728-gimldx.html#ixzz3hLuvBW9L
  15. Why has Australia’s largest coal mining union backed Labor’s Renewable Energy Target?: http://www.abc.net.au/7.30/content/2015/s4282591.htm
  16. Rs 75,000-crore loans at risk if viability issues of power projects not solved soon: Crisil: http://www.dnaindia.com/money/report-rs-75000-crore-loans-at-risk-if-viability-issues-of-power-projects-not-solved-soon-crisil-2108955
  17. Power sector loans worth 4 lakh crore may be at risk: Crisil:http://economictimes.indiatimes.com/articleshow/48262589.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
  18. CERC backlog of nearly 800 petitions, a drag on power projects:http://economictimes.indiatimes.com/articleshow/48262519.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

B.IFIs

  1. Asian Development Bank, Centre ink $300 million loan pact for National Urban Health Mission:http://economictimes.indiatimes.com/articleshow/48253900.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
  2. China can benefit if it treats its AIIB partners with fairness: http://www.scmp.com/comment/insight-opinion/article/1844794/china-can-benefit-if-it-treats-its-aiib-partners-fairness
  3. AfDB President Urges Japanese Businesses to Invest in Africa: http://allafrica.com/stories/201507281082.html
  4. ADB: Nepal could lose funding if no improvement: http://www.ekantipur.com/2015/07/28/business/adb-nepal-could-lose-funding-if-no-improvement/408547.html
  5. BRICS bank seeking a complementary role: http://www.ecns.cn/business/2015/07-28/174829.shtml
  6. India consortium close to Nijgadh Fast Track deal: http://www.ekantipur.com/the-kathmandu-post/2015/07/27/top-stories/india-consortium-close-to-nijgadh-fast-track-deal/278882.html
  7. Axis Bank signs $200 mn bilateral loan with Asian Development Bank: http://www.thehindubusinessline.com/banking/axis-bank-signs-200-mn-bilateral-loan-with-asian-development-bank/article7470437.ece
  8. China’s economic slowdown may not spell gains for India: http://www.hindustantimes.com/business-news/china-s-economic-slowdown-may-not-spell-gains-for-india/article1-1374153.aspx
  9. World Bank rejects energy industry notion that coal can cure poverty: http://www.theguardian.com/environment/2015/jul/29/world-bank-coal-cure-poverty-rejects
  10. ‘India has the potential to become a multi-trillion dollar economy’: http://www.business-standard.com/article/economy-policy/india-has-the-potential-to-become-a-multi-trillion-dollar-economy-115073000032_1.html
  11. Rajan is right, the window dressing of bad loans by banks should end: http://www.firstpost.com/business/rajan-right-window-dressing-bad-loans-banks-end-2369754.html

C.Land, Water & Forest

  1. Nod for bus-stand concept plan soon: http://www.thehindu.com/todays-paper/nod-for-busstand-concept-plan-soon/article7472618.ece
  2. U’khand’s new land act to efficiently use holdings: http://timesofindia.indiatimes.com/city/dehradun/Ukhands-new-land-act-to-efficiently-use-holdings/articleshow/48272018.cms?
  3. Govt plans to convert 101 rivers into national waterways: Amitabh Verma: http://www.business-standard.com/article/economy-policy/govt-plans-to-convert-101-rivers-into-national-waterways-amitabh-verma-115072300630_1.html
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