{"id":287658,"date":"2019-08-19T05:48:47","date_gmt":"2019-08-19T05:48:47","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=287658"},"modified":"2019-08-19T05:48:47","modified_gmt":"2019-08-19T05:48:47","slug":"massive-fall-in-funding-for-coal-projects","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/massive-fall-in-funding-for-coal-projects\/","title":{"rendered":"Massive fall in funding for coal projects"},"content":{"rendered":"<p>An analysis of power projects \u2014 both coal and renewables \u2014 that achieved financial closure in 2017 and 2018 reveals a massive 90 per cent fall in loans for coal.<\/p>\n<p>As many as 54 projects that achieved financial closure in 2018 attracted \u20b930,524 crore of loans; 80 per cent of it went to renewable energy projects, says a report titled \u2018Coal Vs renewables finances analysis\u2019, produced by a New Delhi-based research body, Centre for Financial Accountability (CFA).<\/p>\n<p>There was a telling fall in lending for coal \u2014 the biggest cause of climate change-causing carbon dioxide emitter. In 2017, \u20b960,767 crore of loans were sanctioned for 12 coal-fired projects worth 17,000 MW; in contrast, in 2018, only five projects of 3,800 MW got loan sanctions of \u20b96,081 crore, the report says.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>An analysis of power projects \u2014 both coal and renewables \u2014 that achieved financial closure in 2017 and 2018 reveals a massive 90 per cent fall in loans for coal. As many as 54 projects that achieved financial closure in 2018 attracted \u20b930,524 crore of loans; 80 per cent of it went to renewable energy projects, says a report titled \u2018Coal Vs renewables finances analysis\u2019, produced by a New Delhi-based research body, Centre for Financial Accountability (CFA). There was a telling fall in lending for coal \u2014 the biggest cause of climate change-causing carbon dioxide emitter. In 2017, \u20b960,767 crore [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130],"tags":[],"class_list":["post-287658","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/287658","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=287658"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/287658\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=287658"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=287658"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=287658"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}