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Gautam Adani, Mukesh Ambani reap windfall from surging oil, coal
May 19, 2022
Source: Times Of India

Gautam Adani, Mukesh Ambani reap windfall from surging oil, coal

Gautam Adani and Mukesh Ambani are profiting from a surge in global commodity prices triggered by Russia’s invasion of Ukraine, burnishing their fossil-fuel credentials even as Asia’s richest men publicly push their pivots toward greener energy. With coal prices skyrocketing to a record, Adani’s conglomerate is expanding a controversial mine in Australia to meet demand.

India turns to expensive foreign gas to ease its power supply crunch
May 5, 2022

India turns to expensive foreign gas to ease its power supply crunch

While natural gas makes up just a small portion of India's power mix, a scarcity of coal and hot weather has triggered scheduled blackouts, threatening to upend the economy

After China, India has most proposed coal-powered plants: Report
April 26, 2022
Source: Energy World

After China, India has most proposed coal-powered plants: Report

According to the report, pre-construction coal power capacity between 2015 to 2021 decreased nearly 90 per cent in India. From approximately 238.6 gigawatt (GW) in 2015,

Europe set to ban Russian coal, but struggles on oil and gas
April 8, 2022
Source: Energy World

Europe set to ban Russian coal, but struggles on oil and gas

"The coal ban is significant because it breaks the taboo on severing energy ties with Russia."

Andhra Pradesh cancels Adani bids to supply imported coal
April 4, 2022
Source: Energy World

Andhra Pradesh cancels Adani bids to supply imported coal

India has asked utilities to step up coal imports to address a domestic shortfall. However, expensive imports could add to the financial woes of state government-owned, debt-laden power distributors, which have overdue payments of nearly $15 billion to power generators.

Mahanadi Coalfields becomes largest coal producing company in India
March 15, 2022
Source: Energy World

Mahanadi Coalfields becomes largest coal producing company in India

On March 12, 2022, the company produced 7.62 lakh tonne of dry fuel which is the highest in a day during the current financial year reaching 157.7 MT with a growth of around 16 per cent over the last financial year, the company released said.

EXPLAINER: How dependant is India on Russia for oil, gas and coal?
Feb. 18, 2022
Source: Energy World

EXPLAINER: How dependant is India on Russia for oil, gas and coal?

Any invasion of Ukraine by Russian troops could trigger sanctions and reprisals that would disrupt the movement of fuels and impact energy security affecting buyers even thousands of miles away, analysts warned.

China Looks To Run Coal-Fired Power Plants At Full Capacity
Feb. 17, 2022
Source: Oil Price

China Looks To Run Coal-Fired Power Plants At Full Capacity

China will help run its coal-fired power plants at full capacity in a bid to ensure energy security, despite the climate goals of the world's largest polluter. The Chinese government will support industrial sectors in "special difficulty," state news agency Xinhua reported this week, noting that "Food and energy security must be safeguarded."

Coal India's second interim dividend to enrich govt by Rs 2,037 crore
Feb. 15, 2022
Source: Energyworld

Coal India's second interim dividend to enrich govt by Rs 2,037 crore

Coal India's second interim dividend will make the government richer by Rs 2,037.8 crore as it is holding a 66.1 percent stake in the Maharatna PSU. The company on Monday announced a dividend of Rs 5 per share of Rs 10 each and the total payout will be Rs 3,087 crore.

Govt says continuing all efforts to further enhance coal production
Feb. 11, 2022
Source: Energy World

Govt says continuing all efforts to further enhance coal production

"The government is continuing all efforts to further enhance the coal production in the country as availability of additional coal will aid in import-substitution of coal," the coal ministry said in a statement.

34 SCCL mines facing losses in Telengana: Coal Minister
Feb. 8, 2022

34 SCCL mines facing losses in Telengana: Coal Minister

Union Coal Minister Prahlad Joshi said in Rajya Sabha on Monday that during 2020-21, 34 mines in Singareni Collieries Company Limited (SCCL) had incurred losses.

U.S. Coal Stockpiles In September Lowest Since At Least 2001
Dec. 8, 2021
Source: Oil Price

U.S. Coal Stockpiles In September Lowest Since At Least 2001

U.S. coal stockpiles fell in September 2021 to the lowest level of total monthly coal stocks at the electric power sector since at least 2001, the Energy Information Administration (EIA) said in an Electricity Monthly Update of its November report this week. High natural gas prices have been driving increased use of coal for power generation at utilities in recent months, while the supply response has been muted due to closures of coal mines in recent years. So in September, total U.S. coal stockpiles saw a month-over-month decrease of 4.8 percent, reaching 80 million tons, the EIA said.

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.

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