-PTI India is likely to be the second largest consumer of coal, surpassing the United States, in the next five years, says a report. “China and India would lead the growth in coal consumption over the next five years... while India will become the largest seaborne coal importer and second-largest consumer, surpassing the United States,” according to a report by International Energy Agency (IEA). The report further said that coal demand is expected...
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Arctic could be ice-free in summer months, says draft IPCC report -Nitin Sethi
-The Times of India Of all the warnings about dramatic effects of climate change, a leaked draft UN report is the most vigorous in arguing that fears of an ice-free Arctic Ocean in summer months can become a reality if global temperature rises by more than 2 degree Celsius over current levels. The draft copy of the UN's Intergovernmental Panel on Climate Change report says there is a 90-100% chance that the...
More »Mines of concern -S Dorairaj
-Frontline Farmers protest against the Central clearance for coal bed methane exploration in Mannargudi, Tamil Nadu, as they fear it will devastate agriculture in Tiruvarur and Thanjavur districts. THE woes of the delta farmers of Tamil Nadu are far from over. While the Cauvery tangle continues unresolved, they fear the proposed multi-crore project for commercial exploration and exploitation of coal bed methane (CBM) in the Mannargudi block of Tiruvarur district will prove...
More »Cabinet Clears New Urea Investment Policy
-Outlook The Cabinet Committee on Economic Affairs (CCEA) today approved a urea investment policy that is likely to incentivise fertiliser firms setting up new plants and expanding existing capacity. India imports over 30 per cent of urea requirement and the policy aims at reducing that. But, it is unlikely to have any impact on existing prices. "The new urea investment policy has been cleared," sources said after the CCEA meeting here. The policy, which...
More »Multiple LPG connections without KYC will entail cancellation
-The Indian Express Cooking gas (LPG) consumers with multiple connections who do not submit Know Your Customer (KYC) forms by month end will lose subsidised LPG supply and will be charged commercial rates, the government said today. "The LPG gas connection of those multiple LPG connections holder who fail to furnish the KYC forms by the prescribed date, will be suo moto converted into Non-Domestic Exempted Categories (NDEC) rate connections," Minister of...
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