Amazon dam delay overturned by judge
BRASILIA, BRAZIL - A judge has overturned a decision that could have delayed construction of a huge Amazon dam opposed by environmentalists, Indians and the director of Avatar.
The judge in the capital of Brasilia reversed a decision to suspend contract. He also overturned the suspension of the environmental license for the 11,000megawatt Belo Monte dam.
Brazils solicitor general issued a statement reporting the decision. It is not immediately clear if the latest decision could be appealed.
Avatar director James Cameron was in Brazil to protest the dam. Brazils president says the dam is essential to meet Brazils future energy needs.
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LOS ANGELES - Capacity utilisation levels of coal-based power plants improved in May because of rising demand and lower generation from hydroelectric sources. The plant load factor (PLF) of thermal power plants went up to 65.3% in the month, 1.7 percentage points higher than the year-ago period.
While PLFs of central and state government-owned plants were 75.5% and 64.5%, respectively, the same for independent power producers (IPPs) stood at 57.8%. Though PLFs of IPPs were higher than May 2017 levels, it failed to cross the 60% mark, which eases debt servicing capabilities of power generation assets.
Thermal power plants generated 96,580 million…
