Major minerals include Limestone, Manganese, Iron Ore, Copper, Lead-Zinc, Siliceous Earth, Garnet, Emerald, Gold, Lithium etc. For the first time in the state, the auction of 79 major minerals is starting from Wednesday, which includes the mining lease of 68 blocks of limestones, 11 blocks of siliceous earth, fluorite, base metal, and iron ore for… Continue reading E-auction process of 79 blocks of major minerals starts from tomorrow
Author: Economic Times of India Online News
Indonesia’s new green investment rulebook includes coal power plants
The new taxonomy was a revision to a 2022 document defining what is considered a sustainable investment in support of Indonesia’s pledge to achieve net-zero emissions by 2060. Indonesia on Tuesday launched a revised “taxonomy” or green investment rulebook categorising coal-fired power plants used in nickel facilities as part of the global transition to a… Continue reading Indonesia’s new green investment rulebook includes coal power plants
COP28 president urges countries to set plans for fossil fuel transition
Kerry, who has served as the US climate envoy for three years, announced plans in January to step away from the role some time this spring. The United Arab Emirates, host of last year’s COP28 climate summit, called on Tuesday for governments to take action in transitioning away from fossil fuels. Intense negotiations last December… Continue reading COP28 president urges countries to set plans for fossil fuel transition
SIAM with South Asian countries form Automobile Forum to expand trade
This forum aims to promote collaboration and cooperation among automobile sector in the South Asian region. New Delhi: The Society of Indian Automobile Manufacturers (SIAM) along with the Bangladesh Automobiles Assemblers and Manufacturers Association (BAAMA), the Ceylon Motor Traders’ Association, Sri Lanka (CMTA) and the NADA Automobiles Association of Nepal (NADA), recently formed a South… Continue reading SIAM with South Asian countries form Automobile Forum to expand trade
On EV high, Bengaluru to get even more charged up
Representative image. As of February 15, 2024, Karnataka has emerged as the leading state in the country for providing state-of-the-art EV charging infrastructure, boasting 5,059 charging stations. Maharashtra with 3,079 stations and Delhi with 1,886 are second and third. According to Bangalore Electricity Supply Company Limited (BESCOM) estimates, it would cost INR 35-40 lakh to… Continue reading On EV high, Bengaluru to get even more charged up
Toyota Industries faces crackdown for engine emissions cheating
Toyota Industries, which also makes cars, textiles and electronics, may lose certification for an excavator engine, the report said. Japan’s transport ministry is preparing action against a Toyota Motor Corp affiliate for cheating engine emissions tests, including possibly withdrawing certification for some engine types, Nikkei reported on Monday. The ministry will order Toyota Industries, the… Continue reading Toyota Industries faces crackdown for engine emissions cheating
Indian Renewable Energy Development Agency, Punjab National Bank to co-finance green energy projects
These include joint lending, loan syndication and underwriting, management of Trust and Retention Account (TRA) for IREDA borrowers, and working towards competitive terms of sanction, including pricing on IREDA borrowings. New Delhi: State-owned renewable sector non-banking finance company IREDA and Punjab National Bank have inked a pact to co-finance green energy projects across the country.… Continue reading Indian Renewable Energy Development Agency, Punjab National Bank to co-finance green energy projects
JSW Steel in talks for USD 1 bn stake in Australia’s Blackwater coal mine
Whitehaven is looking to sell a 20% stake in the mine it acquired just a few months ago, amid a pay dispute with workers. Steel major JSW is reportedly in talks to acquire a 20% stake in Australia’s Blackwater coal mine, with the purchase expected to cost USD 1 billion. Media reports say the deal… Continue reading JSW Steel in talks for USD 1 bn stake in Australia’s Blackwater coal mine
Almost 50% of Indian car buyers prefer to quit ICE tech; 24% to opt for HEVs: Deloitte study
About 68% of respondents cited environmental consciousness and 63% expressed concerns about the reduced fuel expenses. New Delhi: Almost 50% of Indian consumers intend to move away from Internal Combustion Engine (ICE) technology, which is proving to be a near-term challenge, and 24% of Indian consumers are inclined to purchasing Hybrid Electric Vehicles (HEVs) as… Continue reading Almost 50% of Indian car buyers prefer to quit ICE tech; 24% to opt for HEVs: Deloitte study
Logistics brands struggle with the EV transition
The industry’s emissions will likely grow as demand for last-mile delivery is expected to climb 78% by 2030, according to the World Economic Forum. The appetite for speedy package delivery is skyrocketing around the planet. Americans do more than 15% of their shopping online, with digital purchases of groceries, shoes, pet food and other goods… Continue reading Logistics brands struggle with the EV transition