Mitra said West Bengal has the world's second-largest coal reserves, and shale gas reserves have also been found, which would push the mining industry in the state.
Its coal reserves are vast and cheap, making it the biggest exporter. Low wind speeds and cloudy skies make wind and solar energy inefficient. Meanwhile, politics ensures coal is subsidised and solar penalised. $2.42 trillion will be needed to fund Indonesia’s energy transition up to 2050, not the $20 billion allocated
As on October 3, Central Electricity Authority (CEA) report on coal stocks for power plants showed that 25 power plants had coal stocks for less than seven days for Delhi.
The public hearing for setting up the power plant, earlier scheduled for December 30, has been postponed, and the district Collector has said no new date has been fixed for the same.
JSPL had contested the change of end use of Utkal B1 and Gare Palma IV/6 from steel to power.
India must bring in more private miners to develop coal reserves which majority state-owned Coal India Ltd has left untapped, Tata Power Company Ltd executive Amulya Charan said on Tuesday.
Adani Ports and Special Economic Zone has raised USD 1.25 billion in non-recourse funding from a group of Australian and Asian lenders to help refinance a USD 2 billion bridging loan due in May, four sources with knowledge of the deal said.
India is at least a decade behind China in embracing technology that could convert its coal reserves into enough gas and oil to surmount chronic power shortages and halve its energy import bill.
Diversified Adani group is looking to pick up a majority stake in gas distributor Gujarat Gas, an official said, as it looks to expand presence in the country's fast-growing city gas business.
In its annual general meeting today, Reliance Power informed its stakeholders that it is expecting to increase power capacity to 5,000 mega watt by the end of next year.