Avantha Power and Infrastructure had promised to provide employment to the people living in the area when the Jhabua power plant was commissioned. Although it is currently owned by NTPC, this power plant which...
While the fanfare of the G7, with shake-hands and selfies, is slowly settling down, a report prior to the Summit warned that it is the last opportunity for G7 to deliver on fossil fuel...
Indian coal reserves are so huge that they exceed internal demand and can even be exported. Yet, at all international forums, Modi says India is ready to cut its emissions and become a "leading...
Challenging Monopolistic Practices and Emerging Competitors. India holds a prominent position in the global petrochemicals industry. Demand for plastics across diverse sectors
A new report shows that nine major Asian banks, including three of India, are open to doing business in coal тАУ the dirtiest of all fossil fuels. These three banks are State Bank of...
Trends show the drift towards renewables has found new acceleration. India is at a crucial juncture on the climate change pathway when it has to step up its renewable energy capacity while gradually weaning...
While the climate change conference marks the beginning of the end of the fossil fuel era, India will have to urgently find ways to move away from coal. Securing finance for new projects is...
Solar power was the dominant renewable energy, accounting for six out of 11 deals, or 40% of financing, says the report. While India did not sign the pledge to triple renewable energy globally by...
In year 2022, solar, wind and hybrid project finance lending amounted to INR 18,577 crore ($2.36 billion). On the other hand, like in 2021, not a single coal power plant received such funding. Not...
No coal power plant has received project finance lending in 2022 As negotiations and discussions build up around the Fossil Fuels phase-out at the COP28 in Dubai, back home, for the second year in...
As representatives from nearly 200 nations gather for over a week for COP28, this year’s annual UN climate conference, being held in the oil-producing UAE and led by the head of the country’s state...
Against the backdrop of intensifying global discussions on phasing out fossil fuels at COP28 in Dubai, a report by the Centre for Financial Accountability (CFA) and Climate Trends, an environmental think tank, reveals a...