New Delhi : An early phase out of coal plants around the world could help avoid over 14.5 million premature deaths from air pollution over the next three decades, a new analysis published on Tuesday said, delivering an economic benefit of $16.3 trillion. This equates to saving around 425 million years of life, or gaining […]
China’s pledge to end building coal plants abroad improves Belt and Road’s reputation, development bank says – EQ Mag Pro
China’s pledge to stop building new coal-fired power projects overseas could improve the reputation of its massive Belt and Road Initiative, said Jin Liqun, president of the Asian Infrastructure Investment Bank. Coal projects were a consistent feature of the BRI in the last years. China has started to move away from such projects, and has […]
Unnecessary coal plants could waste India’s Rs 247,421 cr, says report – EQ Mag Pro
A total of 27 GW of pre-permit and permitted new coal power plant proposals in India are now superfluous to its electricity requirements A total of 27 GW of pre-permit and permitted new coal power plant proposals in India are now superfluous to its electricity requirements. These coal project proposals could jeopardise the achievement of […]
Retiring Old Coal Plants Can Help Maharashtra Save Rs 16,000 Cr in Five Years: Report
Maharashtra can save up to Rs 16,000 crore in the next five years by shutting down old coal-fired power plants, along with other measures, an environmental advocacy group said on Thursday. The savings can go up to Rs 75,000 crore over a decade if the state follows a set of recommendations, the report by Climate […]
Replacing Coal Plants With Renewables Is Cheaper 80% of the Time
Replacing Coal Plants With Renewables Is Cheaper 80% of the Time. About 80% of U.S. coal plants are now more expensive to keep running than to swap out for new wind and solar capacity, according to a report from Energy Innovation, a non-partisan climate and energy think tank…Read More…
India may build new coal plants due to low cost despite climate change
Coal’s contribution to electricity generation in India fell for the second straight year in 2020, marking a departure from decades of growth in coal-fired power. Still, the fuel accounts for nearly three-fourths of India’s annual power output. CHENNAI: India may build new coal-fired power plants as they generate the cheapest power, according to a draft […]
Australia emerges as APAC renewable energy leaders
That makes up one third of all power projects with new renewable energy sources to deliver around 80 gigawatts (GW) of power in the coming years. Japan took second place with a large range of wind projects slated for that country with the region’s leading emerging market Vietnam coming third. IHS Markit vice president global […]
Larsen & Toubro wins significant contracts in domestic and overseas markets
The company did not specify the exact value of the contracts but as per L&T specification, a significant contract ranges between Rs 1,000 crore and Rs 2,500 crore. NEW DELHI: Larsen & Toubro (L&T) on Friday said its construction arm has won significant contracts in domestic and overseas markets. However, the company did not specify […]
Making India’s power system clean: Retirement of expensive coal plants
Making India’s power system clean: Retirement of expensive coal plants For more information please see below link:
Green energy capacity to multiply 6-fold in 10 years: CEA
Total share of non-fossil-fuel plants will jump to 65% of the total projected capacity of 831,502 MW from 36.6% of the current installed capacity of 356,817 MW, according to CEA. KOLKATA: India’s renewable energy capacity will gallop ahead and multiply almost six-fold in the next decade, while the share of coal-fired plants in the energy […]