VostokCoal-Diskon is developing coal extraction facilities at the Taimyr coal basin of Taymyr Peninsula in central Siberia. It has been exploring the area since 2016 and has recently opened two deposits that would touch peak capacity of 30 million tonnes a year. VostokCoal will build a coal terminal and create a specialised fleet for exporting coal round the year.
In an analysis it said this would amount to a reduction of around 300 terawatt hours (TWh), more than the combined total output from coal in Germany, Spain and the UK last year. The analysis is based on monthly electricity sector data from around the world for the first seven to 10 months of the year, depending on data availability in each country.
PSU accused of violating law by parking co’s share of leave encashment
International status of football means the world’s best players spend a lot of their time travelling all over the globe to appear in European and international fixtures, but while they do so they continue to rack up air miles and cause further damage to the planet — often without doing enough or anything to offset it.
International companies will require time to understand India's supply chains and how to meet growing demand of coal, following opening up of the Indian coal sector to foreign direct investment, feels World Coal Association.
“The company managed to produce nearly 11 million tonnes more coal than in October. Coal off-take for November 2019 grew by almost 17% on a MoM comparison. CIL supplied 47.37 mn tonnes of coal during the month under review compared to 40.5 mn tonnes in Oct 2019 – the increase in absolute terms is 6.87 mn tonnes,” a senior CIL executive said.
AXA also targets to contain the warming potential of its investments to below 1.5°C by 2050. As part of this objective, the Group will double its green investment objective to reach Euro 24 billion by 2023. “Our conviction has always been that the fight against climate change requires cooperation between all stakeholders to drive collective action.
The projects are at various stages of implementation and according to a memorandum of understanding signed between Coal India and the ministry of coal over the state-run company’s fiscal 2020 targets, almost 55% of the total capital outlay would be undertaken by South Eastern Coalfields (SECL) which is working on 23 projects.
Coal inventory at thermal power stations rose 88.6% y-o-y to 19.0 mt due to higher coal production and lower demand
According to the rating firm, All-India energy supply declined 13.0 per cent y-o-y in October 2019, resulting in a reduction in an energy deficit to 0.5 per cent against 0.7 per cent during October 2018 due to fall in energy demand from industrial states like Maharashtra, Gujarat and Tamil Nadu.
Coal India has used services of satellites for monitoring land reclamation and reforestation. Satellite-based pollution monitoring system exists only at the NASA in the US. Coal India subsidiary, CMPDI, has taken up the project for satellitebased monitoring of respirable particulate matter and it is under implementation at Singrauli and Talcher coalfields.
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