APMDC Suliyari coal upcoming auction 1,25,000 MT for MP MSME on 4th Nov 2024 & 2nd Dec 2024 @ SBP INR 2516/- per MT

APMDC Suliyari coal upcoming auction 75,000 MT for Pan India Open on 15th Oct 2024 / 15th Nov 2024 & 16th Dec 2024 @ SBP INR 3000/- per MT

Notice regarding Bidder Demo dated 23.10.2024 from 4 P.M of BCCL Coking Coal of Washery Developer and Operator (WDO) for Dugda Coal Washery e-Auction scheduled on 16.12.2024 in Coaljunction portal

Login Register Contact Us
Welcome to Linkage e-Auctions Welcome to Coal Trading Portal Welcome to APMDC Suliyari Coal

Coal news and updates

India must reduce dependence on coal-based power: Assocham

13 Sep 2016

The Centre will have to reduce dependence on coal-based power and work on climate friendly transport and urban planning to comply with its international obligations, industry body Assocham said on Monday.
 
"India may have succeeded in getting the December 2016 deadline for ratification of Paris agreement on climate change. New Delhi would have to reduce dependence on coal fired electricity and work on climate friendly transport and urban planning, sooner than later, to comply with its international obligations," it said in a report.
 
According to the paper on 'Implications for Paris Climate Agreement', the commitments to mitigate the CO2 emissions may even go beyond 1.5 degree Celsius.
 
 
It said India is now taken more as a part of the solution than a problem, which implies that there are more obligations on the country which, however, needs to meet its fast growing energy requirements in sync with its status of the fastest expanding economy of the world.
 
"As a leading voice of the emerging economies, India must keep up the pressure on the rich nations to fulfill their obligations for contributing $100 billion for technology development and transfer to reduce the global emission," it added.
 
While the Paris agreement is legally binding on the signatory countries under the UN framework pact, there are no consequences if commitments are not breached, it said adding, "India would not like to fall in the category of nations not fulfilling its obligations."
Source: Busienss Standerd