fetching latest news

News tagged in:  

Coal NEWS

Clean energy transition could save Maharashtra rupees 75K crore in 10 years Study
June 11, 2021
Source: Hindustan Times

Clean energy transition could save Maharashtra rupees 75K crore in 10 years Study

According to a new report published on Thursday, Maharashtra could save as much as ₹75,000 crore in the next decade by implementing three steps in its energy sector: shutting down old coal power plants by 2022, halting the construction of a new unit at the Bhusawal thermal power plant (which is in surplus to the state’s requirements) and replacing coal contracts with cleaner alternatives over the next 10 years.

How Long Will Coal Remain King In India?
Jan. 22, 2021

How Long Will Coal Remain King In India?

State-owned enterprise Coal India is the largest coal mining company worldwide. In 2019, the states of Gujarat and Chhattisgarh, announced that they will not build any new coal generating facilities. India's Ministry of Power appeared to backtrack last month on commitments to shutter existing coal facilities by proposing to allow relinquished plants to continue selling power.

IEA predicts the future of gas
Nov. 13, 2018

IEA predicts the future of gas

On Tuesday, the International Energy Agency (IEA) informed that by 2030, natural gas might become the second largest energy source overtaking coal. The reasons behind this huge change would be an urge to bring down the air pollution and rise in the use of LNG. The organization also mentioned in its World Energy Outlook 2018 that the energy demand will jump more than a quarter between 2017 and 2040.

China’s energy consumption report released
July 30, 2018

China’s energy consumption report released

National Energy Administration released a report of China’s energy consumption in a press conference on Monday. According to the report, natural gas demand climbed up to 16.8 percent, while consumption of crude oil has increased up to 2.5% in the first half of 2018. There has been an increase of 3.1% in the coal consumption. Furthermore, investments have decreased in thermal power utilities and increased in gas-related utilities.

Pertamina terminates construction of LNG receiving terminal
July 10, 2018

Pertamina terminates construction of LNG receiving terminal

Pertamina has terminated the construction of $800M Bojonegara LNG receiving terminal in Indonesia. The Indonesian oil major had joined hands with the Bumi Sarana Migas (BSM) for the construction of the project while Tokyo Gas had to carry out the engineering and design. Pertamina’s forecast of a sharp increase in gas demand after 2020 was proven wrong with the country still relying on cheap coal.

Please Login to Save News for Later