The mining lease will aid Tata Power in ensuring a regular supply of coal for its thermal power plants. Tata Power holds a 30% stake in KPC.
Spot thermal coal prices for the Newcastle Port benchmark have soared 35% over the past week to a record $353.75 a tonne, stoked by supply shortages
Prices of thermal coal, typically used to generate electricity, have shot to record highs due to increased buying by Europe after sanctions on Russia
China reaffirmed its intention to build 450 gigawatts (GW) of solar and wind power generation capacity on the Gobi...
China is Russia's largest coal customer but importers are struggling to secure financing from banks because of Ukraine sanctions fears
Research shows that by 2040 information and communications technology companies will account for 14% of global emissions, up from 1.5% in 2018
If global warming exceeds 1.5 degrees Celsius above pre-industrial times, the impact of climate change could become more severe, the report said
Chinese tech giant said its total emissions were equivalent to 5.11 million tonnes of CO2 in 2021. It wants its operations and supply chain to be carbon neutral by the end of the decade
China also approved 74 million tonnes of replacement coal-based steel production capacity last year, more than the whole of the rest of the world
A research team examined emissions estimated by companies in their applications and compared these with data reported to a regulator
IEA logs significant emissions in Texas and parts of Central Asia, with Turkmenistan alone responsible for one-third of "large emissions events"
HSBC aims to cut emissions associated with loans to its oil and gas clients by 34% this decade, its sustainability chief said - the first time Britain's biggest lender has agreed to such a target