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HC refrains from setting aside Tangedco s ₹1,330-cr tender for supplying imported steam coal

Updated: February 25, 2021 02:02 IST Judge permits the utility to proceed with the process after publishing the notification in Indian Trade Journal Share Article AAA Judge permits the utility to proceed with the process after publishing the notification in Indian Trade Journal The Madras High Court on Wednesday refrained from setting aside a ₹1,330 crore tender floated by the Tamil Nadu Generation and Distribution Corporation (Tangedco) on February 8 for supply of 20 lakh tonnes of imported steam coal of any origin to be delivered at the Kamarajar port in Ennore between May 2021 and May 2022. Justice B. Pugalendhi, however, directed Tangedco to strictly comply with Section 9(3) of the Tamil Nadu Transparency in Tenders Act, 1998, and publish the tender notification in

Banks And Investors Are Still Pouring Billions Into Coal Companies

Updated Feb 25, 2021 Banks And Investors Are Still Pouring Billions Into Coal Companies New research reveals the scale of the money that continues to flow to the dirtiest fossil fuel, despite the accelerating climate crisis. Coal is the number-one single source for increasing global temperatures, with coal-fired electricity generation accounting for 30% of the world’s carbon dioxide emissions. And yet, scores of banks and institutional investors continue to pump money into supporting and expanding this fossil fuel industry, new research finds.  As of January 2021, institutional investors such as pension funds, asset managers and insurance companies around the world held investments worth more than $1 trillion in coal, with U.S. investors collectively holding 58% of the institutional investment in the global coal industry. 

Praise for cabbies who have taken hundreds of people for coronavirus vaccinations for free

Praise for cabbies who have taken hundreds of people for coronavirus vaccinations for free Drivers have been thanked for their part in getting needles in arms Updated Ray Chapman is among the drivers taking people for jabs without charge Never miss another Leicestershire story by signing up to our free email updatesInvalid EmailSomething went wrong, please try again later. Sign up When you subscribe we will use the information you provide to send you these newsletters. Your information will be used in accordance with ourPrivacy Notice. Thank you for subscribingWe have more newslettersShow meSee ourprivacy notice Cabbies have been ferrying hundreds of people to and from a Leicestershire coronavirus vaccination centre for free in recent weeks.

Argus Media: Bogota plans green tax on coal-fired generation

Advertisement Argus Media has reported that the Colombian government will propose a new carbon tax on coal consumption in the power and industrial sectors, according to coal federation Fenalcarbon s new President, Carlos Cante. The finance ministry will propose the initiative in an upcoming tax reform bill that the government is expected to put before congress next month. The Colombian economy fell by 6.8% in 2020, according to national statistics bureau Dane, and the new tax is intended to help plug the budget deficit created by the pandemic. The tax on coal consumers is expected to be Ps16 000/t of carbon dioxide equivalent (CO

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