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Saturday, November 2, 2024
TopicCarmichael project

Topic: Carmichael project

3 Adani companies removed from UN-backed climate initiative for ‘expanding’ their use of fossil fuels

Adani Green Energy Ltd, Adani Transmission & Adani Ports & SEZ were removed from Science Based Targets Initiative after 2 climate advocacy groups sent joint letter to UN Race to Zero.

Why SBI is dragging its feet on lending $1 billion to Adani’s Australian coal mine project

SBI drafted in-principle agreement with Adani in 2014 for $1bn facility & brought in several banks for funding as part of consortium. The plan has had several iterations since then.

Adani Mining claims Australian coal mine project created 1,500 jobs & gave $1.09 bn in contracts

The $16 billion Carmichael coal mine project in Queensland has been surrounded by controversies since its inception due to regulatory and environmental issues.

‘No going back’ — Australia says Adani’s $16bn coal mine project set to be operational

Outgoing Australian High Commissioner to India Harinder Sidhu says work on Adani’s Carmichael coal mine project has started, also asks India to reconsider RCEP.

The economics of Adani’s Australian coal mine project just doesn’t add up

Adani will lose around $220 million a year if the Carmichael coal project goes through. Which raises the question, why is everyone adamant that it goes ahead?

Adani abandons 2020 target date to begin mining coal in Australia

Lenders from Goldman Sachs Group Inc. to three of China’s largest banks have ruled out providing loans for the project.

On Camera

As a Hindu Canadian, I am deeply hurt by cancellation of Diwali. My community is now sidelined

Canada faces serious foreign interference issues, but these challenges must not be weaponized to unfairly target friendly and important allies like India.

Watch CutTheClutter: Flattening INR-USD rate, and debate on pros and cons of a ‘strong’ rupee

In Episode 1544 of CutTheClutter, Editor-in-Chief Shekhar Gupta looks at some top economists pointing to the pitfalls of ‘currency nationalism’ with data from 1991 to 2004.

Indian firms sanctioned by US didn’t violate laws, says MEA. Hyderabad firm that supplied to Army on list

Among 19 Indian firms sanctioned by US Treasury Dept was Lokesh Machines Ltd accused of coordinating with 'Russian defence procurement agent to import Italy-origin CNC machines'.

Xi wanted to teach India about imbalance of power. We should take a budgetary lesson from it

While we talk much about our military, we don’t put our national wallet where our mouth is. Nobody is saying we should double our defence spending, but current declining trend must be reversed.