Monday, December 5, 2022
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India’s coal demand to rise to 1.5 BT by 2040: Joshi tells investors

Addressing investors, Pralhad Joshi said that India’s power demand will double by 2040 and even if RE makes up 50%, India will still need 1.5 BT of coal

IEX board approves Rs 98 crore share buyback plan

IEX said its board has approved a proposal to buyback shares worth Rs 98 crore through open market route

India among top 5 countries in climate change performance

India is ranked among the top five countries, and the best among the G-20 nations, under the global Climate Change Performance Index

India will need thermal power capacity addition to meet power demand: Top official

Coal demand is poised to rise to 1.5 BT by 2030; India’s thermal power sector will need capacity addition to meet increasing power demand, a top official said

Power sector’s coal demand to rise to around 1,500 MT by 2040: Joshi

To meet India’s energy demand which is set to double by 2040, thermal coal requirement would go up to around 1,500 MT in the next 18 years, Pralhad Joshi said

Despite push for RE, India will require coal for energy security: Pralhad Joshi

Synopsis: Despite push for renewables, India will require base load capacity of coal-based generation for stability and also for energy security, said Minister for Coal Pralhad Joshi. Being an affordable source of energy with substantial reserve, coal is going to stay as major source of energy in the foreseeable future, he added

33 GW under-construction coal-fired power plants in India may end up stranded: IEEFA

Much of India’s 33 GW of coal-fired power plants currently under construction and another 29 GW in the preconstruction stage will end up stranded, said IEEFA in a report

Coal India to be a commercially viable company: Chairman tells shareholders

Coal India Limited (CIL) Chairman Pramod Agrawal has said that the state-run miner aims to be a commercially viable company

SCCL to set up 500 MW floating solar power plants in Telangana

SCCL is planning to set up a 500 MW floating solar power plant/s in Telangana as part of its diversification efforts

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