57 Coal-based Power units identified for upgrade
The Central Electricity Authority has identified 57 coal-based power units — belonging to both Central as well State enterprises — with a total capacity of 32,000 MW for being upgraded to become more efficient and reduce emission. The CEA had submitted its report recently.
Patriot Coal gets court approval for reorganization plan
V.A. Oct 8 A U.S. bankruptcy court approved Patriot Coal's restructuring plan at a hearing on Thursday, including the sale of a major part of its mines and coal reserves to privately held Blackhawk Mining of Lexington, Kentucky.
Green panel nod for import of Coal with higher ash
Environment ministry's expert panel, EAC, has suggested use of imported coal with higher ash content of up to 25 per cent, as against 12 per cent now, to help domestic thermal power plants use higher grade coal and bring down the cost of generation.
Lender Group Lambasts Patriot Coal Bankruptcy Plan
An unhappy group of Patriot Coal Corp.’s lenders on Wednesday urged a bankruptcy judge to deny the coal miner’s sale and debt-payment plan, arguing that its chapter 11 case was unfairly run for the benefit of key creditor Knighthead Capital Management LLC.
Coal threatens Polands image as European role-model
Coal mining has taken centre stage in the campaign for this month's parliamentary election in Poland, an outsize political role that threatens the country's hard-won economic growth and reputation in Europe.
Coal Mining CEO Defends Financing Harassment of Climate Scientists
In August, The Intercept revealed that Alpha Natural Resources, one of the largest coal mining companies in America, has been secretly financing think tanks and political organizations that deny climate change. One of the people they funded, attorney Chris Horner, is well known for hounding climate scientists across the country.
Rio Tinto Sells Australian Coal Asset for $606 Million
Rio Tinto PLC’s sale of a 40% stake in an Australian coal mine marks the latest reshaping of the global coal industry, as big mining companies pare back their exposure to a commodity that has been roiled by slack demand and prices at multiyear lows.
The UK now gets more Power from Renewables than Coal
The UK government has released a report on the state of renewable energy generation in the country, announcing that for the first time in the country’s history more power is being generated from renewable energy sources than from coal. These renewable sources include wind, bioenergy, solar, and hydroelectric, and they now collectively produce more than a quarter of the overall energy for Britain. That’s compared to a figure of 20.5% for coal, making renewables the second largest energy source overall, after natural gas. The study is available in pdf format.