Hindalco Industries Ltd. and Essar Energy Plc’s plan to mine local coal to feed their $3.8 billion Mahan aluminum smelter and power plants has stalled after local authorities said they will seek permission from villagers again.
Anglo American Plc’s decision to quit plans for a coal port expansion in Australia leaves Indian billionaires G.V. Krishna Reddy and Gautam Adani as the last major investors left looking at extending the terminal.
China’s leaders want to lift the gray blanket of deadly smog that often chokes Beijing’s residents by shifting power plants to the less populated western part of the country inhabited by minorities. That’s turning into a nightmare for Ani Yetahon who lives in Oriliq, a village about 1,800 miles from the capital where some residents still walk to the well for their water.
The Republican-led U.S. House defied a presidential veto threat and passed legislation that would head off regulations from the Environmental Protection Agency to limit greenhouse-gas emissions from power plants.
Texas power users face potential outages and price volatility as the state’s main grid operator tries to keep up with population and demand growth, an Electric Reliability Council of Texas Inc. official said today.