PGCIL is likely to place all orders for the project by March 2025 and it is likely to be a reality by FY2030
The principal argument employed by those against ESG investing is that it diverges from the fiduciary duty of asset managers to ensure the best possible returns for investors
This comes days after the CERC on February 6 ordered for a shadow pilot on market coupling of India's power exchanges.
Available land near coal mines under the Ministry of Coal can be offered at competitive and concessional price for setting up coal gasification units, M Nagaraju, additional secretary and nominated authority, Ministry of coal said
The biggest gains will be made by adding insulation and switching to low-carbon heating, as these investments will have the largest impact on fossil-fuel demand (74% of UK homes are heated with gas). But energy efficiency is a no-brainer climate solution. Improving it not only reduces greenhouse gas emissions but also energy bills. Residential electricity consumption fell by 12% between 2008 and 2018, even as the UK population grew, thanks to improvements in lighting and appliances
Of the six bid winners, Juniper Green Energy Private Limited topped the list by securing 150 MW at the opening tariff rate of Rs 3.43 kWh.
Power sector has emerged back again in a big way in the past three months or so. Hence, the inquiry pipeline relating to thermal power, both utility side and for captive projects, has gone up, said Bhandari
Eclipses follow a predictable cycle known as the Saros cycle, lasting 6,585 days. April 8 will witness a total solar eclipse. It'll be the last total solar eclipse visible from the contiguous US until 2044.
In spite of the scientific explanation for the celestial event, some misconceptions still endure. April 8 will witness a total solar eclipse.
These interpretations helped them make sense of what seemed like an inexplicable phenomenon. April 8 will witness a total solar eclipse, when the Moon passes between the Sun and Earth, completely blocking the Sun. It'll be the last total solar eclipse visible from the contiguous US until 2044.
Despite the belief that animals have an unimpeachable survival instinct, polar bears are increasingly making wrong energy expending decisions in their desperate search for food. In trying to adapt to the climate crisis, projects can actually make us more vulnerable or simply waste resources. For example, we keep building higher flood barriers, only to see the water redirected to an area without protections or have them breached as climate change intensifies storms
For funding renewable projects, derivatives such as two-way contracts have existed for long but inertia prevents their greater adoption. Each project has a target price, determined at a competitive auction. When market prices are lower than the target, the government makes up the difference. When the market goes higher, the producer pays the excess to the government
The past 12 months have been the hottest ever, and there will be consequences both environmentally and economically if we don't make a course correction. Today's young business owners must use their imaginations, and develop long-term, viable solutions for the future
Harmonising taxonomy with global frameworks will ensure interoperability across markets, facilitating seamless cross-border investment flows
According to IMD's weekly forecast, the significant gap between Mumbai's day and night temperatures is expected to persist until at least February 15. This can have implications for health, as well as the environment.
Hydrogen is expensive and the cost of building, and then later upgrading, power plants to burn a fuel which isn’t yet widely available is also high. Hydrogen’s potential has been downgraded in recent years after being initially touted as the fuel of the future, powering planes, trains and automobiles and heating homes
Halting or reversing the temperature rise through massive emission reduction appears to be a mirage that the global community is chasing with little success. Therefore, countries prone to extreme weather events need to take proactive action to adapt and minimise their impacts. This can be achieved through constant monitoring and evidence-based policy actions
From now till 2030, India will be the largest source of oil demand growth globally, says Toril Bosoni. As a big crude oil buyer, India can certainly do term deals at better terms and better prices, she said.
If renewable energy falls short, coal is going to make up the difference, either with — or more likely without — Carbon Capture and Storage. Rather than depending on an unrealistic and unproven new technology to lock away pollution, India must give renewable energy developers certainty and policy backing. The best way to decarbonise the coal sector isn’t to bury its emissions — it’s to bury the industry as a whole
Decarbonisation is fueling consumption of metals, chemicals and glass, which are in turn causing a lot of greenhouse pollution as they’re manufactured. Clean-energy products are much more efficient than the alternative once they’re being used — but producing them is causing a spike in carbon emissions
Earth so far has warmed by only about 1.2 degrees Celsius above preindustrial averages. Every tenth of a degree by which we crank up the global thermostat increases the atmospheric chaos and threatens tipping points that could fuel exponentially more warming and destruction
These attacks on works of art are eco-terrorism. George Bernard Shaw defined murder as the most extreme form of criticism. Similarly, terrorism is the most extreme form of advertising.
There is a crucial need to intensify efforts to mitigate emissions. But developed economies are sluggish in adopting solutions and in fact are making solutions more expensive than the problem
The UK as a whole has nearly three times as much forest as it did at the start of the 20th century. China’s forests have increased by about 607,000 square kilometers since 1992, a region the size of Ukraine. The European Union has added an area equivalent to Cambodia to its woodlands. But Brazil alone removed enough woodland since 1992 to counteract all the growth in China, the EU and US put together
Himachal Pradesh and Uttarakhand, which experienced reduced precipitation this winter, observed a rise in forest fires.