Krittivas's Feed
Mar 12, 2012

India’s coal-to-gas dream takes baby steps

* India coal gasification trails China by a decade

* Regulatory obstacles hinder development

* India faces coal supply shortfalls

By Krittivas Mukherjee and Ratnajyoti Dutta

NEW DELHI, March 12(Reuters) – India is at least a
decade behind China in embracing technology that could convert
its coal reserves into enough gas and oil to surmount chronic
power shortages and halve its energy import bill of $110 billion
a year.

Talk about coal gasification in India, a technology used to
access even unmineable reserves, is almost four decades old, but
it is only now that its first such plant is about to start
production. A second one is still on the drawing board.

Mar 7, 2012

India may give limited nod for cotton exports-sources

MUMBAI/NEW DELHI, March 7 (Reuters) – India could
allow limited exports of cotton to cover existing sales
commitments when ministers meet on the issue on Friday,
government sources said, as exporters sought permission for 2.5
million bales to be released.

The world’s second-largest cotton producer banned exports
unexpectedly on Monday as domestic demand threatened to outstrip
availability, boosting global prices on hopes the move would
tighten a market beset by weak demand.

Feb 16, 2012

Coal India waits for cost details on any imports

NEW DELHI, Feb 16 (Reuters) – Coal India
needs more clarity on who will foot the bill for any imports
before it commits to major purchases needed to meet supply
obligations to power producers, officials said on Thursday.

Prime Minister Manmohan Singh has directed Coal India to
guarantee long-term supplies to the under-performing power
sector, even through imports if needed.

Feb 13, 2012

India weighs move to channel iron ore exports through state agency

NEW DELHI, Feb 13 (Reuters) – India is weighing plans
to route sales of iron ore through a firm, the latest of several
steps aimed at curbing illegal mining as the country struggles
to shape a lasting policy balancing exports against the
conservation of resources.

At stake is how the world’s third-biggest supplier will keep
up its $6-billion, 100-million tonnes average annual exports,
mainly to China, while stamping out illegal sales.

Feb 8, 2012

India iron ore exports to recover to below highs

NEW DELHI (Reuters) – India’s iron ore exports will recover from this year’s depressed levels but will not rise above 100 million tonnes, the country’s mining secretary said, as a crackdown on illegal sales pays off.

Vishwapati Trivedi said stricter controls of mining were helping determine the “natural level” of export – his euphemism for legal sales – in the long run from the world’s third biggest supplier, whose major customer is China.

Feb 3, 2012

India, EU try to break logjam over airline carbon tax

NEW DELHI (Reuters) – The European Union (EU) is willing to consider whether India’s efforts to reduce carbon emissions could qualify for waivers under an EU law that charges airlines for polluting, the 27-nation bloc’s climate chief said on Friday.

India, along with the United States, China and several other nations, has opposed the European Union Emissions Trading Scheme that stipulates all airlines using EU airports must pay a price for emitting planet-warming gases during a flight.

Feb 2, 2012

New pricing may see India cut higher grade coal imports

NEW DELHI Feb 2 (Reuters) – India may need to import
less high-quality coal as the government changes pricing to
encourage Coal India, the world’s biggest coal miner,
to produce more of the grades needed to keep powering Asia’s
third largest economy.

India’s state utilities are struggling to keep their
turbines running as domestic coal supply has fallen short of
targets and poor infrastructure hinders the transport of
imported coal.

Jan 23, 2012

EU airline carbon law waivers worth eyeing -envoy

NEW DELHI (Reuters) – Countries opposing a European Union law that charges airlines for carbon emissions should consider seeking waivers by adopting equivalent emission reduction measures, the EU’s new envoy to India said on Monday.

From January 1, all airlines using EU airports have come under the European Union Emissions Trading Scheme, which has stirred up strong opposition in the United States, China and India.

Jan 23, 2012

EU airline carbon law waivers worth eyeing: envoy

NEW DELHI (Reuters) – Countries opposing a European Union law that charges airlines for carbon emissions should consider seeking waivers by adopting equivalent emission reduction measures, the EU’s new envoy to India said on Monday.

From January 1, all airlines using EU airports have come under the European Union Emissions Trading Scheme, which has stirred up strong opposition in the United States, China and India.

Jan 20, 2012

Rupee, “Oil for Projects” among India’s options on Iran oil

NEW DELHI (Reuters) – Indian officials are in Tehran exploring various options to keep paying for Iranian oil, as new U.S. sanctions threaten to derail purchases by Asia’s third-largest crude consumer.

Indian refiners currently pay Iran through a Turkish bank, but the latest U.S. sanctions may soon make that impossible, and New Delhi is looking at alternatives, including using the rupee, to settle its $12 billion annual import bill.