Global pledge, which aims to triple renewable energy capacity by 2030, also calls for phasedown of 'unabated coal power’. India has previously protested against specific focus on coal.
From 2012-13 to 2021-22, contribution of coal to railways’ revenues increased to just over 47% from 43%. Of total freight revenue of Rs 1.39 lakh crore in 2021-22, Rs 65,856.08 crore was from coal.
While 2022 saw a severe shortage of coal for power production, this year has benefited from higher coal production, unseasonal rains & better coordination between key ministries.
Report by think tank ODI says that of 10 large banks surveyed, only 4 collect information on environmental, social, and governance risks, reaffirms findings of previous research.
The order was related to Tata Power approaching the CERC against the tariff fixed by the power ministry after a forced directive last year to keep operating to avert a power crisis.
The 2 main risks facing the Indian economy in the short term are energy prices & availability and high fertiliser prices, the Finance Minister said at The Brookings Institution in the US Tuesday.
At least 109 out of 165 operational thermal power plants in India reported shortage in April-May, with govt pushing states & companies to import coal to meet demand.
In first 2 months of 2022-23, several power plants ran out of coal due to delays in transportation. As a result, Indian Railways had to cancel passenger trains to make way for freight trains.
Making a jump from internal combustion engines to electric vehicles is the kind of romantic prospect that would appeal to India, which jumped from a shortage of landline phones to an abundance of smartphones.
RBI Wednesday banned Kotak Mahindra Bank from taking on new customers through digital channels & from issuing new credit cards. Violations had to do with strength of bank’s IT infra.
Another addition to military cooperation has been the Strategic Space Dialogue, inaugurated in Paris in 2023. Last month, India participated as an observer to France’s AsterX.
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