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Ministry of Coal Reaches Historic 200 Coal Block Allocation Milestone
The Ministry of Coal in India has marked a significant achievement by allocating its 200th coal mine, a move that highlights India’s ongoing transformation in the coal sector. The latest milestone was the issuance of the Allocation Order for the Marwatola–II coal block to Singhal Business Private Limited, reinforcing the...
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Bharat Coking Coal IPO: Important Details All Investors Should Be Aware Of
The initial public offering of Bharat Coking Coal Limited (BCCL), India's leading coking coal producer and a subsidiary company of Coal India, is generating huge investor interest. The entire offer-for-sale IPO for BCCL is planned for the year 2025 and represents the first initial public offering for the company. What...
Ministry of Coal Reaches Historic 200 Coal Block Allocation Milestone
The Ministry of Coal in India has marked a significant achievement by allocating its 200th coal mine, a move that highlights India’s ongoing transformation in the coal sector. The latest milestone was the issuance of the Allocation Order for the Marwatola–II coal block to Singhal Business Private Limited, reinforcing the...
Guatemala Opens 1500 MW Power Tender with Focus on LNG
Guatemala has launched a significant tender to secure 1500 megawatts (MW) of new electricity generation capacity to meet the growing energy demand in the country, as reported by Reutersl. The tender is part of the country’s efforts to diversify its energy sources and ensure a stable power supply. Among the...
SolarBank Corporation Announces Development of 2.4 MW Community Solar Project in Nova Scotia
SolarBank Corporation has officially announced the continued progress of its community solar development pipeline with the introduction of the Sydney Project, a ground-mounted solar power project in Nova Scotia. This project, totaling 2.4 MW DC, is poised to generate 2,730 MWh of clean energy annually. This amount of power is...
EIB to Support Bulgaria’s Transition from Coal to Clean Energy at Maritsa East Complex
The European Investment Bank (EIB) has signed an agreement with the Bulgarian government to provide advisory support for the decarbonisation of the Maritsa East Complex, one of the largest coal-fired power generation sites in Europe and a provider of up to 35% of Bulgaria’s electricity. Under the new partnership, EIB...
NLC India Limited Wins Strategic Mineral Blocks in Chhattisgarh
NLC India Limited, which is a Navratna Central Public Sector Enterprise (CPSE) under the Ministry of Coal, Government of India, reached a milestone when they emerged as the bidders for the mineral blocks named Raipura and Semhardih. They won the tender in the Tranche V auction conducted recently by the...
India Q4 GDP Data Due Today: Can Growth Breach 7%?
India’s Q4 FY25 Gross Domestic Product (GDP) data will be released today at 4 PM, with economists closely watching for signs of economic acceleration. The fourth-quarter figures are expected to reflect a stronger performance on the back of robust agricultural output and a rebound in services. In the previous quarter...
Catalyze Secures $85 Million Tax Equity Financing from RBC to Fund 75MW of Solar Projects
Catalyze, an integrated developer and Independent Power Producer (IPP) of distributed renewable energy properties, has obtained an $85 million tax equity investment from RBC Community Investments. The financing will be used to construct and commission around 75 megawatts (MW) of commercial and industrial (C&I) and community solar projects throughout the...
Bharat Coking Coal IPO: Important Details All Investors Should Be Aware Of
The initial public offering of Bharat Coking Coal Limited (BCCL), India's leading coking coal producer and a subsidiary company of Coal India, is generating huge investor interest. The entire offer-for-sale IPO for BCCL is planned for the year 2025 and represents the first initial public offering for the company. What...
TotalEnergies, Quatra Sign 15-Year Deal for Used Cooking Oil to Boost Biofuel Production
TotalEnergies and Quatra, a European leader in the collection and recycling of used cooking oil, have entered into a significant 15-year agreement starting in 2026, aimed at securing a steady supply of 60,000 tons of used cooking oil annually. The agreement will help feed TotalEnergies' biorefineries, contributing to the production...
Telangana to Develop 80-Acre Eco-Town Inspired by Japan’s Kitakyushu City
A Vision for Sustainable Urban Development An 80-acre eco-town is being developed in Telangana as part of an urban project. The state government has established plans for the project, and the town is modeled after Kitakyushu city located in Japan. The government desires to develop a sustainable region that offers...
India's Green Steel Incentives on Hold Amid Green Hydrogen Cost Concerns
India's push to decarbonise its steel sector has hit a temporary roadblock. The finance ministry is holding back on green steel incentives, citing high costs of green hydrogen and potential inflationary effects. According to sources familiar with the matter, the government is unwilling to commit public funds until clean energy...
India Proposes Virtual Power Purchase Agreements to Boost Renewable Energy Trade
India’s power market regulator, the Central Electricity Regulatory Commission (CERC), has proposed a significant amendment to its electricity trading rules, as reported by Reuters. The draft regulations, set to be incorporated into the Power Market Regulations of 2025, aim to introduce Virtual Power Purchase Agreements (VPPAs) as a new financial...
World Bank Lifts Ban on Nuclear Energy Funding for Developing Countries
The World Bank's board has decided to lift its longstanding ban on funding nuclear energy projects in developing countries, signaling a shift in its energy policy aimed at addressing rising electricity demand across the globe, as reported by Reuters. This decision, announced by World Bank President Ajay Banga, marks a...
Schneider Electric & Farmson Partner for Sustainable Pharma via Green Yodha Initiative
A Strategic Partnership for Sustainability Schneider, the world leader in energy management and automation, has partnered with Farmson Basic Drugs Pvt. Ltd., India's top pharmaceutical industry player, in a strategic sustainability association. Farmson Basic Drugs was launched in February 2025 under Schneider's Green Yodha initiative, and the collaboration will infuse...
White House Dismisses Rumours of Executive Action Targeting Climate Nonprofits
Climate focused nonprofits can breathe easier for now. According to a Reuters report, the White House has no plans to strip their tax-exempt status. This assurance comes as advocacy groups brace for potential executive actions linked to environmental regulations. Climate Organizations Prepare for Potential Policy Changes Last week, the American...
Net-Zero Pledges Reconstructing Carbon Monitoring in CPG Supply Chains
The net-zero carbon race is transforming the business environment, especially for consumer packaged goods (CPG) firms. Most multinational companies have pledged to become net-zero by 2050, with this prompting a tsunami of accountability along their supply chains. Suppliers are increasingly being asked to monitor and cut their emissions or face...
SolarBank Corporation Announces Development of 2.4 MW Community Solar Project in Nova Scotia
SolarBank Corporation has officially announced the continued progress of its community solar development pipeline with the introduction of the Sydney Project, a ground-mounted solar power project in Nova Scotia. This project, totaling 2.4 MW DC, is poised to generate 2,730 MWh of clean energy annually. This amount of power is...
Amazon to Invest AU$20 Billion in Solar-Powered Data Centres in Australia
Amazon has made a major AU$20 billion (US$13 billion) investment intended to increase Australia's data centre infrastructure, with a particular emphasis on the utilization of renewable energy sources. The investment is in line with the Australian government's wider ambitions to support AI-facilitated business expansion and optimize national productivity. A central...
Sarawak’s Bakun Dam to Launch Giant Floating Solar Farm by 2027
Sarawak's ambitious renewable energy targets are to gain traction with the imminent opening of a gigantic floating solar farm on the reservoir of the Bakun hydroelectric dam. The initial phase, to be completed within 18 to 24 months, is to produce power of up to 300MW. Sarawak Energy Bhd (SEB)...
VCM and Enowa Join Forces to Provide 30 Million Tons of Carbon Credits
In a pioneering step towards sustainability initiatives, the Voluntary Carbon Market Company (VCM) and Enowa, the energy and water subsidiary of NEOM, have signed a long-term deal to provide around 30 million tons of carbon credits by 2030. The transaction represents an important milestone in VCM's objective of creating a...
US EPA Proposes Repeal of Emission Standards for Fossil Fuel Power Plants
US Environmental Protection Agency (EPA) Administrator Lee Zeldin, alongside members of Congress and Navajo Nation President Buu Nygren, announced proposals aimed at reducing regulatory burdens on coal-, oil-, and gas-fired power plants. These measures, designed to ensure affordable and dependable energy, include the repeal of greenhouse gas (GHG) emissions standards...
EPA Proposes Texas Oversight for CO2 Injection Permits
The US Environmental Protection Agency (EPA) has proposed approving Texas' application to oversee its own permitting for carbon dioxide (CO2) injection projects, a move that has been long sought by the state’s regulators and the oil and gas industry, as reported by Reuters. The proposal aims to enable carbon capture...
Singapore’s 2024 Carbon Tax Revenue Falls Short Amid Industry Allowances
Singapore’s carbon duty profit for 2024 is projected to be about$ 642 million, significantly lower than the anticipated$ 1 billion, despite the duty rate having been raised fivefold to$ 25 per tonne. The straight Times reports that while the increase in duty rate was anticipated to induce advanced profit, the...