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Updates on Coal, Eenrgy, Land, Water and Forest: 16 May, 2016

A.Coal & Energy

Reliance Power’s plea to mortgage Sasan coal blocks rejected by government:http://economictimes.indiatimes.com/articleshow/52247248.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
Six mega projects worth Rs 72,283 cr withdrawn from Odisha: http://www.prameyanews7.com/en/may2016/odisha/23207/Six-mega-projects-worth-Rs-72283-cr-withdrawn-from-Odisha-72283-cr-withdrawn-from–Odisha.htm#sthash.gQr8XNYd.uxfs
MP loses Sasan battle in tribunal, will have to pay Rs 400Cr: http://www.nyoooz.com/bhopal/457884/mp-loses-sasan-battle-in-tribunal-will-have-to-pay-rs-400cr#.VzK9PfVGF2c.twitter
कोयला निगल सकता है भारत के जल स्रोतः ग्रीनपीस इंडिया: http://www.sangharshsamvad.org/2016/05/blog-post_5.html?spref=fb
AIPEF challenges APTEL decision on Sasan UMPP in Supreme Court :http://www.merinews.com/article/aipef-challenges-aptel-decision-on-sasan-umpp-in-supreme-court/15915987.shtml&cp
Reliance wins approval for Bangladesh power plant : http://www.thedailystar.net/business/reliance-wins-approval-bangladesh-power-plant-1218736
India confirms it will file 16 solar cases against US under WTO dispute: http://www.pv-magazine.com/news/details/beitrag/india-confirms-it-will-file-16-solar-cases-against-us-under-wto-dispute_100024597/#ixzz48nguEe3u
Police Firing, Hydel Projects Cast Long Shadow Over Arunachal’s Sensitive Tawang Region: http://thewire.in/2016/05/03/arrested-over-green-tribunals-suspension-of-hydel-project-says-arunachal-anti-dam-activist-33410/
India: SECI calls on World Bank for $200m financing for own solar projects : http://www.pv-magazine.com/news/details/beitrag/india–seci-calls-on-world-bank-for-200m-financing-for-own-solar-projects_100024411/#ixzz48ng5QTjn
GVK to soon supply power from its first thermal plant in Punjab:http://economictimes.indiatimes.com/articleshow/52258826.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
Debt hurdle for Adani’s buying spree: http://www.business-standard.com/article/companies/debt-hurdle-for-adani-s-buying-spree-116051200019_1.html#.VzRF2nyn2LM.twitter
The biggest ever fire sale of Indian corporate assets has begun, to tide over bad loans crisis: http://m.thehindu.com/business/Industry/the-biggestever-fire-sale-of-indian-corporate-assets-has-begun-to-tide-over-bad-loans-crisis/article8573163.ece
No environmental clearance for Banshkhali plant : http://www.dhakatribune.com/bangladesh/2016/may/03/no-environmental-clearance-banshkhali-plant
It’s Time to End the ‘Bid Low, Raise Price Later’ Strategy of Power Sector Players: http://thewire.in/2016/04/27/its-time-to-end-the-bid-low-raise-price-later-strategy-of-power-sector-players-32046/
Panel to consider green nod to 4,000 MW project in Bihar: http://www.business-standard.com/article/pti-stories/panel-to-consider-green-nod-to-4-000-mw-project-in-bihar-116042700620_1.html#.VyHv4bTY5wU.twitter
BHEL commissions 500 MW Thermal Power plant and other Top Corporate News:
http://www.indiainfoline.com/article/news-top-story/bhel-commissions-500-mw-thermal-power-plant-and-other-top-corporate-news-116051600025_1.html
RIL gets green nod for exploratory drilling project in Tamil Nadu:http://economictimes.indiatimes.com/articleshow/52278605.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
Tripura houses ONGC’s first power plant; biggest in NE: http://thenortheasttoday.com/tripura-houses-ongcs-first-power-plant-biggest-in-ne/
Indian Power Project On, Despite Opposition From Sections of Sri Lankan Government: http://www.newindianexpress.com/world/Indian-Power-Project-On-Despite-Opposition-From-Sections-of-Sri-Lankan-Government/2016/05/15/article3434115.ece
Government expects all operational coal blocks to resume work by July: http://economictimes.indiatimes.com/industry/indl-goods/svs/metals-mining/government-expects-all-operational-coal-blocks-to-resume-work-by-july/articleshow/52285496.cms

B.IFIs

ADB’s new long-term strategy may include climate finance: http://www.businessmirror.com.ph/adbs-new-long-term-strategy-may-include-climate-finance/
20 listed banks’ gross NPAs cross Rs 1 lakh cr: http://www.financialexpress.com/article/industry/banking-finance/20-listed-banks-gross-npas-cross-rs-1-lakh-cr/254223/
NPAs may rise to 6.9% under severe stress scenario: Finance Ministry: http://www.financialexpress.com/article/economy/npas-may-rise-to-6-9-under-severe-stress-scenario-finance-ministry/255467/
IFC in talks with Indian stressed asset managers: http://www.livemint.com/Industry/YzwZn8kN2f6UDf55SVH6JM/IFC-in-talks-with-Indian-stressed-asset-managers.html
India has one third of world’s poorest, says World Bank: http://www.telegraph.co.uk/news/worldnews/asia/india/10003228/India-has-one-third-of-worlds-poorest-says-World-Bank.html
World Bank getting ready for billions in smart city loans:http://readwrite.com/2016/05/02/india-pushes-smart-cities-world-bank-cl4/?utm_source=twitter&utm_medium=twitter&utm_campaign=sumome_share

C.Land, Water and Forest

Smart infra: Modi govt’s Delhi-Mumbai industrial corridor SPV+ Telangana search for foreign partners: http://www.financialexpress.com/article/economy/dmicdc-telangana-search-for-foreign-partners-for-smart-infrastructure/254172/
No Posco, but 3L trees axed for project: http://timesofindia.indiatimes.com/city/bhubaneswar/no-posco-but-3l-trees-axed-for-project/articleshow/52100707.cms
Temporary freeze on Posco steel project: http://timesofindia.indiatimes.com/city/bhubaneswar/Temporary-freeze-on-Posco-steel-project/articleshow/52248052.cms

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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