A surprise election victory for Australia’s pro-coal ruling coalition may bode well for the Adani Group’s long-delayed mega coal mine project, with the Group’s country head saying the defeat of Labor Party in Queensland, where the project is based, is a clear message to get the project done.
Industry body Association of Power Producers (APP) has urged the Finance Ministry to provide relief from double taxation on imported coal for the dry fuel-starved electricity generating firms.
Mining industry is a political industry as several of its stakeholders are largely political constituencies – government and regulatory agencies, on the one hand, and project-affected communities, on the other.
The Central Electricity Regulatory Commission (CERC) has allowed power companies to claim compensation for the additional cost of coal procured from alternative sources due to Coal India’s failure to meet supply obligations.
The Goa State Pollution Control Board (GSPCB) has granted two vessels permission to handle coal at the Mormugao Port Trust (MPT) mooring dolphins as part of an aeromodelling study by BITS Pilani to determine whether there would be any pollution.
Power regulator Central Electricity Regulatory Commission (CERC) has allowed compensation to GMR Group for running its power plant on imported coal in the event of coal shortage.
With election season under way, political leaders across India are debating how best to grow the economy and end the poverty that still affects over 175m people nationally.
Fossil-fuel advocates have a favorite rejoinder to those who predict a global shift to renewable energy: Coal has never been more popular. It’s a decent argument because it happens to be true.
The summer is blazing, and collers and air-conditioners are roaring away, consuming power in vast quantities. Yet, there is no talk of any major power disruption due to shortage of coal. Clearly, Coal India Ltd has manges the situation well, unlike in earlier times.
Australia’s Queensland state government has asked Indian energy giant Adani to provide more information on its groundwater management plans, posing another hurdle which may further delay the construction of its proposed billion dollar mine project, expected to be one of the biggest in the world.