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Updates on Coal, Energy, Land, Water and Forest: 23 May 2016

A Coal & Energy

Adani Power shuts 2,640-mw units at Tiroda plant in Maharashtra: http://articles.economictimes.indiatimes.com/2016-05-16/news/73126367_1_acute-water-shortage-4-units-adani-power-ltd
सासन प्रोजेक्ट को चीन और अमेरिकी बैंकों से फायनेंस की इजाजत नहीं http://epaper.bhaskar.com/detail/?id=1000684&boxid=5173711763&view=text&editioncode=180&pagedate=05/17/2016&pageno=1&map=map&ch=mpcg
3 engineers killed, 24 others injured in Moser Bear’s boiler blast: http://timesofindia.indiatimes.com/city/bhopal/3-engineers-killed-24-others-injured-in-Moser-Bears-boiler-blast/articleshow/52303879.cms
Another Village In Odisha Rejects Mining: http://www.countercurrents.org/pr040516.htm
What Paris agreement on climate change means for India: http://www.dailyo.in/politics/cop-21-paris-agreement-unfcc-climate-change-sustainable-living-kyoto-protocol/story/1/10749.html
Arunachal’s unfinished Lower Subansiri dam could be tomb for India’s giant hydropower projects: http://scroll.in/article/718809/arunachals-unfinished-lower-subansiri-dam-could-be-tomb-for-indias-giant-hydropower-projects
हिंडाल्को कम्पनी को जमीन देने के लिए चलाया आदिवासी बस्ती पर बुलडोज़र : डॉ लखन सिंह: http://www.januday.com/NewsDetail.aspx?Article=7349
Electric Companies Duping Indian Consumers: DRI Investigates a 29,000 Crores Rupees Scam: https://sabrangindia.in/article/electric-companies-duping-indian-consumers-dri-investigates-29000-crores-rupees-scam
Panel recommends forest clearance to SCCL’s coal project in AP: http://www.business-standard.com/article/pti-stories/panel-recommends-forest-clearance-to-sccl-s-coal-project-in-ap-116052200102_1.html

B.IFIs

China Launches Asia Investment Bank with 2 Silk Road Projects: http://www.voanews.com/content/china-launches-asia-investment-bank-with-two-silk-road-projects-/3338589.html
AIIB looks for Russia financing: http://en.prothom-alo.com/economy/news/105207/AIIB-looks-for-Russia-financing
China-led AIIB to co-finance first Indonesia project : http://www.gulf-times.com/story/494013/China-led-AIIB-to-co-finance-first-Indonesia-proje
Asian Development Bank (ADB) that will act as the lead financier for the project in Pakistan M4 highway: http://pakobserver.net/2016/05/22/asian-bank-to-finance-projects/
India a beacon for foreign investment: Jaitley: http://www.domain-b.com/economy/general/20160521_jaitley.html#sthash.BZphxIjt.N739mjbz.dpuf
US Senate Nominates Indian-American Swati Dandekar As Asian Development Bank Director: http://www.theindianpanorama.news/indians-abroad/us-senate-nominates-indian-american-swati-dandekar-asian-development-bank-director/
5 Major Banks Rigged US$9trn Bond Market: Lawsuit: http://www.telesurtv.net/english/news/5-Major-Banks-Rigged-US9trn-Bond-Market-Lawsuit-20160520-0004.html
Putin hails AIIB as complement to int’l financial structure: http://news.xinhuanet.com/english/2016-05/19/c_135369920.htm
PNB tops list of worst losses in Indian banking history: http://www.livemint.com/Industry/nyp8yAz9fEXYdkcstG4CEP/PNB-tops-list-of-worst-losses-in-Indian-banking-history.html?%3F
How to kill a bank in India: http://www.livemint.com/Opinion/EZfzm1RzenHu7xURxgJDoM/How-to-kill-a-bank-in-India.html
World Bank offers $625m loan to boost India’s rooftop solar PV capacity: http://solar.energy-business-review.com/news/world-bank-offers-625m-loan-to-boost-indias-rooftop-solar-pv-capacity-160516-4893781
India will need to find new mechanism for financing smart city projects: http://news.webindia123.com/news/Articles/India/20160519/2864265.htm

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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