Commentary, action and research on climate and development in India
MUMBAI: Alan Rosling, who headed Tata Group’s globalization efforts, and former KPMG honcho Ardeshir Contractor, have boarded the renewable energy revolution . And giving them company are three US-based private equity funds that have made an initial equity commitment of $50 million in their start-up firm Kiran Energy.
3 PEs back ex-Tata director Rosling’s solar power start-up
Imphal, September 29 2011: A two-day national workshop on “Impact of Climate Change on biodiversity management in northeast India with particular reference to Manipur” got under way at Classic Hotel here today.
Workshop on climate change & biodiversity begins
September State-run NTPC is planning to strike a long-term offtake deal with coal companies abroad, to match its increasing demand. But due to the higher price range, the firm might restrict the import component of the total coal use to 10 per cent, though it is looking for acquisition of coal blocks outside India.
NTPC plans long-term coal offtake deal
New Delhi: The Union Cabinet is all set to clear today a new bill aimed at regulating mining activities. The bill proposes a profit-sharing system and bidding of mining rights.
Cabinet likely to clear new mining bill today
NEW DELHI/ CHANDIGARH: In a decision which spells celebration for Himachal Pradesh, and major setback to Punjab and Haryana, the Supreme Court on Tuesday ruled that the hill state was entitled to huge monetary compensation from its two neighbouring states as it had been denied adequate power supply share from the Bhakra-Nangal and Beas inter-state hydro projects.
Power sharing: SC relief for Himachal, jolt to Punjab & Haryana
SHIMLA: Green fee would now be levied on vehicles entering Shimla, bearing registration numbers other than HP ones. This was agreed in principal by the municipal corporation on Tuesday at a special meeting convened to augment the income of the corporation.
Green fee to be levied on vehicles entering Shimla
Beijing: China plans to conduct five research expeditions to Antarctic and another three to the Arctic region from 2011 to 2015, Xinhua reported.
China plans expeditions to Arctic, Antarctic
New Delhi: The government’s auditor is studying a decision of the government to allow the diversion of surplus coal by Reliance Power Ltd from the captive coal mines associated with the Sasan ultra-mega power project to another project of the company.
CAG probing Sasan coal diversion issue
NEW DELHI: The Coal Ministry on Tuesday said the shortfall in domestic coal output in the country is likely to exceed 200 million tonnes (MT) in the forthcoming Five-Year Plan (2012-17) period if proactive measures are not taken to bridge the demand-supply gap for the fossil fuel.
Big contraction in coal & gas output leads to big August dip; with IIP’s July poor-show, analysts underline urgency of boosting production.
Core sector growth slowest in 11 months