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.
According to a Global Energy Monitor report, China has plans for 169 new and expanded coal projects. Methane has 84 times the warming power of CO2 during first 20 yrs in the atmosphere.
Of the 17.6 gigawatts of India’s power generation capacity that’s designed to use imported coal, just 10 gigawatts is currently operating, the power ministry said.
There’s a subtle radicalism in a name like Siraj being spoken with national pride. His success is read as proof that someone from a working-class, Pasmanda background can achieve this status.
Electronics—specifically smartphones—& energy & pharma products make up 30% of Indian exports to US. 25% tariff on India came into effect Thursday, extra 25% to kick in by August-end.
One such website has drawn particular scrutiny for spreading fake stories that have upset not only the Indian but also foreign defence firms by falsely attributing misinformation.
COMMENTS