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Australian thermal coal mine aims for Q4 restart on supply deal – ET Auto

Baua Electric

Surging prices for coal last year have led to some new coal mines ramping up after the war in Ukraine exacerbated a supply shortage brought on by growing reluctance from climate conscious investors to funding new fossil fuel projects. In March it had said it expected to restart in the second half of 2023.

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Vedanta secures 11-year INR 3,900 cr loan from PFC – ET Auto

Baua Electric

Mining conglomerate Vedanta Ltd has secured an 11-year term loan of INR 3,918 crore from Power Finance Corporation Ltd ( PFC ), sources said. The latest financing follows Vedanta group’s takeover of Meenakshi Energy Ltd on December 28 in an NCLT-driven insolvency process. GW coal-based power plant at Janjgir Champa district.

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Tata threatens to shut steelworks early ahead of strike – ET Auto

Baua Electric

The Indian-owned giant had planned to start shutting the first furnace in late June and the second by September as part of an overhaul as it transitions to greener production of steel. ” The ovens, which had initially been planned to shutter from July, are used to turn coal into coke, a key raw material used in the steel-making process.

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Report from the REFF-Wall Street; Themes in Renewable Energy Finance

Green Car Congress

Green Car Congress attended the Renewable Energy Finance Forum - Wall Street (REFF-Wall Street) conference (23-24 June) sponsored by Euromoney Energy Events and the American Council on Renewable Energy (ACORE). Although not part of the conferences formal structure, the themes were addressed in the presentations and panel discussions.

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The $32-Trillion Push To Disrupt The Entire Oil Industry

Green Car Congress

Increased shareholder activism, combined with global warming policies of institutional investors and NGOs, are pushing IOCs in a corner, constricting financing options for oil companies. With less financing options for IOCs, and also oilfield services, the already existing investment gap in upstream investment worldwide will only grow wider.

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How to Hasten India’s Transition Away From Coal

Cars That Think

Greenhouse gas emissions will certainly grow too, because India’s energy generation is dominated by fossil fuels—coal-fired power plants for electricity, coal- and gas-fired furnaces for industrial heating, liquid petroleum gas for cooking, and gasoline and diesel for transportation. costs less than fossil-fuel-based electricity.

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Reducing Black Carbon Emissions and Ground-Level Ozone Would Provide Immediate Benefit Against Climate Change

Green Car Congress

Ramanathan and Jessica Seddon Wallack, director of the Center for Development Finance at the Institute for Financial Management and Research in Chennai, India. The piece was co-authored by Scripps Institution of Oceanography at UC San Diego climate and atmospheric scientist V. Wallack and Ramanathan. Earlier post.)