ENVIRONMENT

Energy gencos to get simpler loans for coal imports

The centre will facilitate loans for coal imports to electrical energy producing corporations by way of sector lenders to construct coal inventories and hold tasks operating amid excessive demand. The facility ministry will ask Energy Finance Corp (PFC) and to waive prudential norms for lending to energy corporations, particularly to purchase imported coal for mixing …

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India to let energy vegetation mix as much as 30% imported coal to keep away from a grid collapse

The Centre has invoked an emergency provision to direct the Central Electrical energy Regulatory Fee (CERC) to permit energy vegetation to make use of coal blended with as much as 30% imported content material till March subsequent 12 months with out having to hunt the consent of purchaser states. The directive mentioned shares at producing …

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Energy Minister urges states to direct utilities to clear dues to gencos, coal companies

The Ministry of Energy has urged sure states, together with Uttar Pradesh, Tamil Nadu and Maharashtra, to direct their utilities to clear complete excellent dues in the direction of producing companies (gencos) and coal firms as failing to take action may have an effect on electrical energy provide. Union Energy Secretary Alok Kumar has shot …

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India’s energy grid creaks underneath hybrid work mannequin, heatwave

Indians are cranking up air con as they nonetheless make money working from home, whereas lights come again on in places of work and factories with an finish to COVID curbs, upending energy demand patterns amid a heatwave and the nation’s worst blackouts in years. India has historically seen peak demand late within the night …

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Why is India dealing with its worst energy disaster in over six years?

India is dealing with its worst energy disaster in over six years as a heatwave bakes huge swathes of South Asia, inflicting widespread energy outages. Here’s a abstract of the elements behind the crunch. WHY IS INDIA FACING A POWER CRISIS? A surge in air-conditioning demand as a consequence of an unrelenting heatwave this 12 …

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No coal scarcity, states have to plug mismatch between energy demand and gasoline provide snags: RK Singh

(This story initially appeared in on Could 19, 2022) Energy minister R Ok Singh insists that there isn’t any coal scarcity and states have to import coal to plug the mismatch between rise in electrical energy demand and gasoline provide snags attributable to spike in world costs. In an interview, he tells TOI that technology …

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‘Fossil fuels are a useless finish’: UN chief requires jumpstarting renewable power initiatives

NEW DELHI: United Nations normal secretary Antonio Guterres, noting the worldwide power crises which prompted massive economies to open new oil and gasoline fields, has proposed 5 crucial actions to jump-start the transition to renewable power. Guterres’s assertion got here even because the World Meteorological Organisation – the UN company which covers climate, local weather …

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India, Pak heatwave 100 instances extra possible by local weather disaster: UK Met Workplace

New Delhi: The probabilities of a record-breaking heatwave in north-west India and Pakistan within the months of April and Might was made greater than 100 instances extra possible due to local weather change, in accordance with a research by the UK Met Workplace launched on Wednesday. April and Might within the yr 2010 noticed the …

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ONGC weighs elevating stakes in Russian oil regardless of Shell snub

is weighing the choices of putting extra bids for Western corporations’ stakes in a number of Russian oil and gasoline fields at the same time as its first bid for Shell‘s 50% stake in Salym fields in Siberia has not been accepted, folks accustomed to the matter mentioned. “The warfare won’t final perpetually, nor will …

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4 local weather disaster indicators break information in 2021

4 key local weather change indicators, greenhouse gasoline focus, sea degree rise, ocean warmth and ocean acidification set new information in 2021, in a transparent signal that human actions are inflicting planetary scale modifications on land, within the ocean, and within the environment, the World Meteorological Group (WMO) stated in its State of the International …

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