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
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