You are here: Home » Companies and Agencies » Coal India
Coal India
More News and Commentary
Vibhuti Garg
Global shift of funds away from fossil fuels is accelerating
The International Energy Agency’s (IEA) Net Zero Emissions (NZE) roadmap by 2050 is compatible with the Paris goal of restricting the temperature increase to below 1.5 degree Celsius. As per the NZE roadmap, the use of unabated fossil fuels declines sharply to just over a fifth of the total energy supply. More than two-thirds of […]
IEEFA
Bloomberg ($): Coal India Ltd., the world’s biggest miner of the fossil fuel, is about to enter negotiations with trade unions over potentially hefty pay hikes at a time when the global push for clean energy is putting the industry’s future into doubt. The Indian coal giant is expected to begin talks this month that […]
Tim Buckley
While India doesn’t rely on export credit finance to fund new coal plants, there are material implications
The commitment by the Group of Seven (G7) nations, along with several other European Union nations, to stop international financing of coal power projects by the end of this year is another strong step towards putting the world on a path to limit global warming to 1.5-2.0°C. The agreement follows the International Energy Agency’s (IEA) […]
Guest Contributor: Gireesh Shrimali
Coal power producers face lower credit ratings under Paris-aligned energy transition
Climate change has created financial risks for business. These can be broadly categorised as physical and transition risks. Physical risk is easier to understand. It is essentially the impact of a changing climate on revenues as well as costs. A simple example is higher real estate operating costs due to increasing damages from floods under […]
Vibhuti Garg
India must exploit the growing pool of global capital as well as tap the resources of oil and gas majors pivoting to renewable energy
With U.S. climate envoy John Kerry’s visit to India a rumour of a potential net zero announcement by India is doing the rounds. A recent flurry of reports and commentary has thrown the spotlight on India’s emerging ‘net zero’ emissions position. Whether net zero is slated for 2050 to beat China by a decade, 2047 […]
Press Release and Charles Worringham
Proposed coal mining expansions at odds with excess supply
8 April 2021 (IEEFA India): India has stockpiled a record 132 million tonnes of coal – enough to run India’s power plants for two months – greatly exceeding the average of the previous five years, finds a new briefing note by the Institute for Energy Economics and Financial Analysis (IEEFA). The note by analyst and […]
Kashish Shah
Investors are increasingly unwilling to risk capital in a sector with US$40-60 billion of non-performing assets
India’s 40 gigawatts (GW) of stressed and stranded thermal power assets, identified by a special parliamentary committee in March 2018, still linger on – most of them without any feasible resolution. The multitude of fundamental problems still persist despite efforts to resolve them by the government, lending institutions and proponents of the projects. These include […]
Guest Contributor: Gireesh Shrimali
Nearly half of existing coal power in India is more expensive than new renewable power
To get to its ambitious climate targets, India not only needs to do more renewables – and by the term ‘renewables’ we mean all clean generation technologies including battery storage, green hydrogen, smart grids and energy efficiency – but also less fossils. Further, India needs to drive electrification of the transport sector to reduce its […]
Press Release, Tim Buckley and Saurabh Trivedi
The key domestic and international institutions driving renewable energy growth in India
16 February 2021 (IEEFA India): A huge global capital pool is mobilising to invest in renewable energy and grid projects in India, according to a new IEEFA report, with pull factors including solar power tariffs hitting record lows, plunging solar module costs, record low interest rates, and the security of government-backed, 25-year power purchase agreements (PPAs). […]
Guest Contributor: Gireesh Shrimali and Guest Contributor: Abhinav Jindal
Fault lines revealed in coal-dominated state Indian enterprises’ response to energy transition risk
India is at the forefront of new global energy trends with renewable energy generation continuing to replace coal-based power. Since 2017, renewable energy has outpaced coal capacity additions by more than two to one (Figure 1). This trend is expected to continue going forward to expand to almost 100% of net new capacity as and […]
IEEFA: Global capital mobilising for India’s $500bn renewable energy infrastructure opportunity
The key domestic and international institutions driving renewable energy growth in India16 February 2021 (IEEFA India): A huge global capital pool is mobilising to invest in renewable energy and grid projects in India, according to a new IEEFA report, with pull factors including solar power tariffs hitting record lows, plunging solar module costs, record low interest rates, and the security of government-backed, 25-year power purchase agreements (PPAs). […]