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Updates on Coal, Energy, Land, Water and Forest: 2 May 2016

Coal & Energy

India will need ‘unparalleled’ $1 trillion in energy investments by 2030: Minister Piyush Goyal:http://www.business-standard.com/article/news-ians/india-will-need-unparalleled-1-trillion-in-energy-investments-by-2030-minister-piyush-goyal-116042200243_1.html

Tax coal to raise $100 billion climate funds, urges India minister: http://www.climatechangenews.com/2016/04/20/tax-coal-to-raise-100-billion-climate-funds-urges-india-minister/

Tilaiya ultra mega power project in limbo as Maharashtra, Tata Power refuse to pay

: http://economictimes.indiatimes.com/industry/energy/power/tilaiya-ultra-mega-power-project-in-limbo-as-maharashtra-tata-power-refuse-to-pay/articleshow/51935185.cms

It’s all just power play

http://www.thehindubusinessline.com/opinion/its-all-just-power-play/article8505256.eceSIERRA CLUB OPEN LETTER TO COAL INDUSTRY: UNITED STATES AND THE WORLD ARE MOVING AWAY FROM COAL, TOWARD CLEAN ENERGY:
http://content.sierraclub.org/press-releases/2016/04/sierra-club-open-letter-coal-industry-united-states-and-world-are-moving-away
Corrected: Seven US coal-fired power units get 1-year extension for MATS compliance
http://www.platts.com/latest-news/coal/houston/seven-us-coal-fired-power-units-get-1-year-extension-21309262
China Tries to Choke Off Steel and Coal Loans:
http://www.wsj.com/articles/china-tries-to-choke-off-steel-and-coal-loans-1461242229
JV company formed for mining two coal blocks in Odisha: http://timesofindia.indiatimes.com/business/india-business/JV-company-formed-for-mining-two-coal-blocks-in-Odisha/articleshow/51927575.cms
High Ground Enterprise intimates of environmental clearance for mining project:
http://www.business-standard.com/article/news-cm/high-ground-enterprise-intimates-of-environmental-clearance-for-mining-project-116042200893_1.html
SCCL gets green nod for expansion of coal proj in Telengana:
http://timesofindia.indiatimes.com/city/delhi/SCCL-gets-green-nod-for-expansion-of-coal-proj-in-Telengana/articleshow/51927447.cms
Govrnment invites applications for allotment of 8 coal mines http://www.deccanchronicle.com/business/in-other-news/240416/govrnment-invites-applications-for-allotment-of-8-coal-mines.html
Cruz: Clinton will ‘kill the coal industry’ if elected president:
http://thehill.com/policy/energy-environment/277327-cruz-clinton-will-kill-the-coal-industry-if-elected-president
Tripura agrees to supply additional 100 MW power to Bangladesh, but on one condition! http://www.dnaindia.com/india/report-tripura-agrees-to-supply-additional-100-mw-power-to-bangladesh-but-on-one-condition-2205361
The swift demise of Big Coal: http://theweek.com/articles/619832/swift-demise-big-coal
Delhi Metro likely to get green power from solar plant in MP:

Delhi Metro likely to get green power from solar plant in MP

India: NCC to sell part stake in power JV to Sembcorp for $45m : http://www.dealstreetasia.com/stories/ncc-to-sell-part-stake-in-coal-fired-project-to-sembcorp-for-rs301-26-crore-39279/
Study: Columbia River coal-export plan comes with ‘significant’ emissions impact:http://www.oregonlive.com/pacific-northwest-news/index.ssf/2016/04/study_columbia_river_coal_expo.html
Why Tata Power can be a turnaround template for Cyrus Mistry:http://economictimes.indiatimes.com/articleshow/52058168.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
The Loss and Damage of Signing the Paris Agreement to India:
http://www.indrastra.com/2016/04/FEATURED-Loss-and-Damage-of-Signing-the-Paris-Agreement-to-India-002-04-2016-0072.html

B.IFIs
Key takeaways from the World Bank spring meetings:
https://www.devex.com/news/key-takeaways-from-the-world-bank-spring-meetings-88058#.Vxnhvzn8KKE.twitter
Int’l bank group provides loan for Myanmar industrial port development:

Int’l bank group provides loan for Myanmar industrial port development

Revealed: The Asian Infrastructure Investment Bank’s First Projects
:
http://thediplomat.com/2016/04/revealed-the-asian-infrastructure-investment-banks-first-projects/
Mumbai-Ahmedabad bullet train: Loan pact with Japan for Rs 1 lakh cr project by 2016 end:

Mumbai-Ahmedabad bullet train: Loan pact with Japan for Rs 1 lakh cr project by 2016 end

JICA pipes to Poojappura to be commissioned next month:
http://www.nyoooz.com/thiruvananthapuram/435056/jica-pipes-to-poojappura-to-be-commissioned-next-month:
Chinese Mega-bank Partners With World Bank for New World Order:
http://www.thenewamerican.com/world-news/asia/item/23012-chinese-mega-bank-partners-with-world-bank-for-new-world-order

Greek bailout deal talks constructive, say EU finance ministers:
http://www.theguardian.com/business/2016/apr/22/greek-bailout-deal-talks-constructive-say-eu-finance-ministers
Global Climate Finance – Will Africa Benefit After Paris? http://www.africa.undp.org/content/rba/en/home/blog/2016/4/21/Global-Climate-Finance-Will-Africa-Benefit-After-Paris-/

L&T Finance-IDBI deal prospects slim http://www.business-standard.com/article/companies/l-t- finance-idbi-deal-prospects-slim-116042300794_1.html
Banks not ready to finance projects with problems http://www.hindustantimes.com/real-estate/banks-not-ready-to-finance-projects-with-problems/story-Ex9LeHQwH9W1iAC5sRvbWN.html
AIIB joins World Bank and ADB on infrastructure projects: http://www.khl.com/magazines/international-construction/detail/item117506/AIIB-joins-World-Bank-and-ADB-on-infrastructure-projects
India’s Mytrah Energy Secures $175 Million Debt Funding From ADB: http://cleantechnica.com/2016/04/22/indias-mytrah-energy-secures-175-million-debt-funding-adb/
ADB to ink cooperation deal with AIIB

http://asia.nikkei.com/Politics-Economy/International-Relations/ADB-to-ink-cooperation-deal-with-AIIB

C. Land, Water and Forest

Ken-Betwa project: Panel gives nod to government’s Plan-II

http://timesofindia.indiatimes.com/city/bhopal/Ken-Betwa-project-Panel-gives-nod-to-governments-Plan-II/articleshow/51935510.cms

Urban Development Ministry asks smart cities to firm up bankable projects http://www.financialexpress.com/article/economy/urban-development-ministry-asks-smart-cities-to-firm-up-bankable-projects/241680/

Mega projects stall over land owners’ demands for hefty compensation
Read more at: http://www.standardmedia.co.ke/article/2000200203/mega-projects-stall-over-land-owners-demands-for-hefty-compensation

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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