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Updates on Coal, Energy, IFis, Land, Water and Forest: 11 August, 2015

A.Coal & Energy

  1. World’s largest ultra mega solar power project to be set up in Madhya Pradesh’s Rewa http://www.orissadiary.com/ShowBussinessNews.asp?id=60813#sthash.kj6oPDP6.dpuf
  2. Lanco lenders to acquire Teesta Hydro Power through debt-equity conversion:http://economictimes.indiatimes.com/articleshow/48417058.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
  3. Genex Power starts BFS for Queensland hydropower project: http://www.proactiveinvestors.com.au/companies/news/63909/genex-power-starts-bfs-for-queensland-hydropower-project-63909.html
  4. Anti-coal activists to turn from Adani to mine expansions: http://www.afr.com/business/mining/anticoal-activists-to-turn-from-adani-to-mine-expansions-20150809-giuxrj
  5. Environment Ministry pushes for hydro-projects in Uttarakhand: http://www.thehindu.com/news/national/other-states/environment-ministry-pushes-for-hydroprojects-in-uttarakhand/article7519180.ece
  6. U.S. opposes trip by former coal-mining executive: http://www.fredericksburg.com/news/national/u-s-opposes-trip-by-former-coal-mining-executive/article_0fdba00b-f885-5998-b4be-b2a5fe28eecf.html
  7. Abbott government’s 2030 emissions target dubbed ‘pathetically inadequate’: http://www.theguardian.com/environment/2015/aug/11/abbott-governments-2030-emissions-target-dubbed-pathetically-inadequate
  8. Third round of mine auction takes off; JSPL, others in race: http://www.sify.com/finance/fullstory.php?a=pillEfagbihih&title=Third_round_of_mine_auction_takes_off%3B_JSPL%2C_others_in_race
  9. South Australia keen to supply uranium to India: http://www.business-standard.com/article/current-affairs/south-australia-keen-to-supply-uranium-to-india-115081100288_1.html
  10. Chief secy prod on coal block leases: http://www.telegraphindia.com/1150811/jsp/jharkhand/story_36491.jsp#.VcmnRPmqqko
  11. Lanco in talks to sell Sikkim hydro power project: http://www.livemint.com/Companies/j0sDESPEmLvpXQOAcu9eyO/Lanco-lenders-to-acquire-Teesta-Hydro-Power-by-converting-de.html
  12. Tata Power acts for a fish called Mahseer: http://www.livemint.com/Companies/BDKm8vwHoUZBLGEqn3XVYI/Tata-Power-acts-for-a-a-fish-called-Mahseer.html
  13. US, Sweden can support $3bn power project but: https://www.daily-mail.co.zm/?p=39668
  14. The real price of coal in China: http://www.businessinsider.com/the-real-price-of-coal-in-china-2015-8?IR=T
  15. Just as global banks desert coal, can India ramp up the sector without foreign investment?:http://economictimes.indiatimes.com/articleshow/48429780.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
  16. Adani’s Australian coal prospects in doubt: http://www.bbc.com/news/world-australia-33815059
  17. Did Obama’s Clean Power Plan Just Kill Coal Stocks?: http://www.fool.com/investing/general/2015/08/10/did-obamas-clean-power-plan-just-kill-coal-stocks.aspx
  18. Unapproved coal ash dump will cost “green” company $230,000 in state fine
  19. Carmichael mine’s new hurdle: analysts predict India’s coal imports zero by 2021: http://www.theguardian.com/environment/2015/aug/11/carmichael-mines-new-hurdle-analysts-predict-indias-coal-imports-zero-by-2021
  20. Standard Chartered quits controversial Carmichael coalmine in Queensland: http://www.theguardian.com/business/2015/aug/10/standard-chartered-quits-controversial-queensland-coal-mining-project
  21. Coal mining industry about to be killed: http://www.yumasun.com/opinion/coal-mining-industry-about-to-be-killed/article_9ffe8f6c-3fad-11e5-836f-9b2300f25f25.html
  22. Centre to release Rs 800cr to Punjab for improving power infra: http://www.sify.com/finance/fullstory.php?a=pikvEqchebdbb&title=Centre_to_release_Rs_800cr_to_Punjab_for_improving_power_infra
  23. Pressure rises on coal miners: Moody’s: http://www.theaustralian.com.au/business/latest/pressure-rises-on-coal-miners-moodys/story-e6frg90f-1227477386062

B.IFIs

  1. Banks to Lend USD 1B to Azerbaijan Gas Project to Boost Europe’s Energy Security: http://www.novinite.com/articles/170279/Banks+to+Lend+USD+1B+to+Azerbaijan+Gas+Project+to+Boost+Europe%E2%80%99s+Energy+Security#sthash.UWlD8MR7.dpuf
  2. Govt, ADB to review funding projects of 2014: http://nation.com.pk/business/10-Aug-2015/govt-adb-to-review-funding-projects-of-2014
  3. In limbo for 6 years, trans-harbour link will get Japanese financing: http://www.asianage.com/mumbai/limbo-6-years-trans-harbour-link-will-get-japanese-financing-775
  4. Tunnel won’t harm flora & fauna: Minister: http://www.thehindu.com/news/national/karnataka/tunnel-bypass-will-not-harm-flora-and-fauna-mahadevappa/article7520384.ece
  5. Maha seeks talks with MMRDA, Mumbai Metro One to retain current fares: http://www.business-standard.com/article/companies/maha-to-hold-talks-with-mmrda-mumbai-metro-one-on-revised-fares-115080900340_1.html
  6. Not informed by India on rail link: Sri Lanka: http://www.newkerala.com/news/2015/fullnews-101544.html
  7. Doing business in India is not as bad as World Bank suggests: http://www.business-standard.com/article/economy-policy/doing-business-in-india-is-not-as-bad-as-world-bank-suggests-115081100038_1.html
  8. Lifting of Iran sanctions will lower oil prices by US $10: World Bank: http://www.dnaindia.com/money/report-lifting-of-iran-sanctions-will-lower-oil-prices-by-us-10-world-bank-2113060
  9. India expected to have stable growth: OECD: http://www.business-standard.com/article/news-ians/india-expected-to-have-stable-growth-oecd-115081001340_1.html
  10. Railway Freight Corridor Project : http://pib.nic.in/newsite/PrintRelease.aspx?relid=124688
  11. IFC to put $700 million into logistics and transport projects in India: http://www.livemint.com/Companies/PywlflWtpNpmUtX7nk1KYO/IFC-to-put-700-million-into-logistics-and-transport-project.html

C.Land,Water & forest

  1. Land clarity wait grows: http://www.telegraphindia.com/1150811/jsp/nation/story_36593.jsp#.VcmkAfmqqko
  2. ‘Pragati’ initiative may be a step backward as Chhattisgarh, Jharkhand may end up denying marginalised communities their rights:http://economictimes.indiatimes.com/articleshow/48430077.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
  3. Experts advise PM Narendra Modi-led government against drastic change in consent clause of land acquisition law:http://economictimes.indiatimes.com/articleshow/48430152.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
  4. NBA asks Modi to come clean on Sardar Sarovar dam issue: http://timesofindia.indiatimes.com/city/indore/NBA-asks-Modi-to-come-clean-on-Sardar-Sarovar-dam-issue/articleshow/48421403.cms?
  5. Centre notifies ESZ around Pulicat Bird Sanctuary: http://www.thehindu.com/news/cities/Vijayawada/centre-notifies-esz-around-pulicat-bird-sanctuary/article7525000.ece
  6. 2013 Land Act has enough provisions to address India Inc’s worries, says Govt: http://www.thehindubusinessline.com/economy/policy/2013-land-act-has-enough-provisions-to-address-india-incs-worries-says-govt/article7522991.ece
  7. India’s war on Greenpeace: http://www.theguardian.com/world/2015/aug/11/indias-war-on-greenpeace

About Intercultural Resources

Intercultural Resources is a forum for research and political intervention on issues related to the impacts and alternatives to destructive development. Our effort draws upon the social, cultural, material and intellectual resources that have been generated in the course of dialogues between people of different cultures on questions of social justice, development and self-rule. We are of the view that dialogue can sustain plurality and open possibilities for recovery of the ground lost on account of inter-cultural alienation, which is manifest in a variety of forms of violence that we encounter everyday at different levels of social life. Intercultural Resources is based in Delhi, India. Email: ihpindia@gmail.com

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