J-Power to Shut 5 Coal Plants by FY2030

13 May 2024 CW Team

Japanese utility firm J-Power has announced its intention to close up to five coal-fired power plants by the fiscal year 2030. This strategic move aims to curb carbon emissions and align with global efforts to mitigate climate change.

The decision to shut down coal plants underscores J-Power's commitment to transitioning towards cleaner and more sustainable energy sources. By decommissioning older coal-fired units, the company seeks to reduce its environmental footprint and contribute to the global transition to low-carbon energy systems.

J-Power's initiative aligns with Japan's broader goals of reducing greenhouse gas emissions and achieving carbon neutrality by 2050. The closure of coal plants is expected to play a significant role in Japan's efforts to meet its emission reduction targets and address climate-related challenges.

The move towards phasing out coal-fired power generation reflects a growing awareness of the environmental impact of fossil fuel-based energy production. J-Power's decision underscores the importance of embracing renewable energy technologies and transitioning towards cleaner alternatives to combat climate change effectively.

While the closure of coal plants may pose challenges in terms of energy security and transition planning, J-Power remains committed to exploring alternative energy sources and investing in sustainable solutions. The company's proactive approach to reducing emissions demonstrates its leadership in addressing climate change and fostering a more sustainable energy future.

Real Estate

07 Jul 2026

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..