NUSA DUA, Indonesia — Civil society groups have welcomed a move by the International Finance Corporation to transition the financial institutions it invests in away from supporting coal projects — but some say it...
The unprecedented crisis in the Indian banking sector, which has brought banks’ lending operations to a virtual standstill, means that they can do little to help the economy, which is buffeted on multiple fronts....
By ruling out funding new coal-fired power plants globally, Standard Chartered has sent the message that developing countries such as Vietnam deserve clean air and water. Standard Chartered announced this week that it “will...
भारत सरकार देश के विकास के नाम पर बड़ी ढांचागत परियोजनाओ के निमार्ण पर पिछलें कुछ दशकों से लगातार बल दे रही है। इन परियोजनाओं को भारत के सकल घरेलू उत्पाद की वृद्धि दर...
The 37th Report of the Parliamentary Standing Committee on Energy failed to fix accountability for the NPA crisis in the power sector, while absolving disastrous moves like delicensing. A new report by Delhi-based Centre for Financial...
In a critique of the March 2018 report of the Parliamentary standing committee on energy, CFA has stated that the recommendations suggested by the Committee to address the problem of stressed assets in power...
A new report has criticised the Parliamentary Standing Committee on Energy for failing to fix responsibility on who should have been held accountable for the current NPA crisis in the power sector. The report,...
Debt-laden and deadly, India’s coal-fired power sector continues to suck out large sums and pump in toxic pollutants. Is the country heading into dark times on the pretext of seeing light? TOI analyses various...
The Transmission System Strengthening Project is a project to expand the interstate transmission network in western and southern India. The project, partly funded by ADB and AIIB (as co-financer) along with the Power Grid...
India shows how hard it is to move beyond fossil fuels towards a renewable future. Hazaribagh, Jharkhand State DARKNESS is falling as coal starts its long, lawless journey from the pit. The first signs...
A new analysis of energy project lending in India shows that majority of government-owned banks and financial institutions continued to fund coal projects in 2017. The same analysis also reveals private financial companies are...
The report, prepared by Delhi-based Centre for Financial Accountability (CFA), finds that coal received Rs 60,767 crore ($9.35 billion) in lending whereas renewable energy received Rs 22,913 crore ($3.50 billion). New Delhi: A majority...
India Wants More Renewables, but its Banks are Pouring Billions into Coal Even as the Narendra Modi government pushes for renewable energy, Indian financiers are backing coal-based power projects. Around 73% of all funding...
A majority of government-owned banks and financial institutions continued to fund coal projects in India in 2017, an analysis of energy project lending said on Tuesday. It also reveals that comparatively, private financial companies...
June 19, 2018 – A new analysis of energy project lending shows that majority of government owned banks and financial institutions continued to fund coal projects in 2017. The same analysis also reveals private...