India, others criticise EU, UK for considering extended protection for steel
New Delhi: India and some others, including Japan, Brazil and Russia, have criticised the EU and the UK for considering an extension of the existing safeguard measures on some steel product imports beyond the current termination date of June 30 2024.

Imported coal-based plants procurement hits 4-year high in FY24
New Delhi: Thermal power plants (TPPs), running on foreign coal, imported a record 41.81 million tonnes (mt) in the last financial year, ending March 2024, hitting a four year high following government’s mandate to run units at full capacity till October 15 to meet India’s rising electricity consumption.

Coal production almost doubles, but evacuation remains a challenge
New Delhi: The government’s performance in the coal and lignite sector during the last 10 years has been mixed with production surpassing a billion tonnes (bt) being the key achievement. The government also made notable progress in increasing output from captive and commercial mines as well as steps to increase mechanisation in production and despatch, which is critical for optimising costs and travel time.

At least $12 tn needed for tripling renewable energy capacity by 2030
New Delhi: At least $12 trillion is required to create new infrastructure over the next six years for tripling global renewable energy capacity by 2030, COP28 President Sultan Al Jaber said on Friday.

IREDA gets ‘Navratna' status: Why is it important for the public sector green financier?
Indian Renewable Energy Development Agency (IREDA) on Friday said it was granted ‘Navratna’ status by the Department of Public Enterprises.