Coal India hopes to rejoin dividend list as ECL improves performance

Coal India hopes to rejoin dividend list as ECL improves performance

Kolkata: Coal India aims to eliminate Rs 2,200 crore in accumulated losses at its subsidiary, Eastern Coalfields Ltd (ECL), and to rejoin the dividend list by FY 2025-26, a top official said on Sunday. At the foundation day event, Coal India chairman P M Prasad said Bharat Coking Coal Ltd, another previously loss-making subsidiary, has … Read more

South Africa offers a lesson on how NOT to shut down a coal plant

South Africa offers a lesson on how NOT to shut down a coal plant

The cold corridors of South Africa’s once-mighty Komati coal-fired power plant have been quiet since its shutdown in 2022 in what was trumpeted as a pioneering project in the world’s transition to green energy. Reduce reliance on fossil fuels Two years later, plans to repurpose the country’s oldest coal power plant have amounted to little … Read more

NESO launched to guide Great Britain’s energy system to net zero – POLITICO

NESO launched to guide Great Britain’s energy system to net zero – POLITICO

Having served as the CEO of EirGrid, the Irish Transmission System Operator, I understand that the energy transition cannot happen in isolation. Collaboration with our European partners is essential as we plan and develop new energy infrastructure. We are committed to working closely with neighboring countries across the Irish, Celtic and North seas, accelerating toward … Read more

Germany will work with Trump even after he spread ‘fake news’ about us, minister says – POLITICO

Germany will work with Trump even after he spread ‘fake news’ about us, minister says – POLITICO

“You believe in things like we’re not going to frack, we’re not going to take fossil fuel, we’re not going to do things that are going to be strong, whether you like it or not,” Trump said. “Germany tried that, and within one year, they were back to building normal energy plants.” The day after … Read more

India’s coal mining methane emissions could more than double by 2029: Report

India’s coal mining methane emissions could more than double by 2029: Report

New Delhi: India’s annual methane emissions from coal mining could more than double by 2029 compared to 2019 as the country seeks to increase coal production to meet its growing energy demand, according to a new report. The report by global energy think tank Ember said that the total coal mine methane emissions of the … Read more

How Canada reached the brink of an unprecedented railway stoppage

How Canada reached the brink of an unprecedented railway stoppage

For the first time, Canada’s two main railway companies — Canadian National Railway and Canadian Pacific Kansas City — are on the verge of a simultaneous labour stoppage that could inflict billions of dollars’ worth of economic damage. Why are both companies poised to stop? Contract talks between the Teamsters union and the companies usually take place … Read more

Data centres are hungry for power, and Alberta is pitching itself as the place to build

Data centres are hungry for power, and Alberta is pitching itself as the place to build

Alberta is putting itself in the race for a slice of the soaring growth of data centres in North America. A pair of Alberta cabinet ministers set off for Silicon Valley last week with the sole focus of promoting the province as a “prime location” to build the physical structures that store and process our digital information. Major … Read more

Sturgeon endure in Alberta, but the future of these river ‘monsters’ is now uncertain

Sturgeon endure in Alberta, but the future of these river ‘monsters’ is now uncertain

They lurk in the murky depths of some of Alberta’s biggest rivers, living fossils from when giant lizards strode the earth. But a prominent fisheries biologist fears the province’s lake sturgeon may finally share the fate of the dinosaurs because of growing pressure on water resources. “The more you shrink the area in which a … Read more

Swiss Mining Giant Glencore Drops Plan To Exit Coal

Swiss Mining Giant Glencore Drops Plan To Exit Coal

Swiss commodities giant Glencore announced Wednesday that it had decided against spinning off its coal business for now after consulting shareholders who view the polluting fossil fuel as a cash-generating activity. Glencore completed its takeover of the steelmaking coal unit of Teck Resources in July following a protracted battle over the business with the Canadian … Read more

Indonesia’s decision to dish out mining permits to religious groups causes internal rifts, slammed by environmentalists

Indonesia’s decision to dish out mining permits to religious groups causes internal rifts, slammed by environmentalists

JAKARTA: Indonesia’s controversial decision to let religious community organisations manage mining concessions has led to rifts within the country’s two largest Islamic organisations even as their leaders have signalled support for the policy. The central leadership board of the country’s second-largest Islamic group, Muhammadiyah, announced on Sunday (Jul 28) its approval of the government’s policy … Read more