Latest news with #CFA
India.com
an hour ago
- Business
- India.com
Centre Issues Revised Guidelines For Waste-To-Energy Projects
New Delhi: The Centre on Saturday said it has released revised guidelines for the waste-to-energy programme under the National Bioenergy Programme., which aims to foster a more efficient, transparent, and performance-oriented ecosystem for bio-waste to energy deployment in India. By simplifying procedures, expediting financial assistance, and aligning support with plant performance, the updated guidelines are designed to significantly enhance the ease of doing business for private as well as public sector, said the Ministry of New and Renewable Energy (MNRE). Under the new framework, the ministry has simplified several processes, such as cutting down on paperwork and easing approval requirements, which will enable the industry especially MSMEs to enhance their production of CBG, Biogas and Power. These changes align well with improvement of waste management including stubble, industrial waste, and India's broader goal of reaching net-zero emissions by 2070. A key highlight of the revised guidelines is the improved system for releasing Central Financial Assistance (CFA). 'Considering the challenges faced by the developers to achieve 80 per cent generation, flexible provisions have been made in the scheme for release of CFA based on plant performance,' said a ministry statement. Previously, companies had to wait until the entire Waste-to-Energy project attains 80 per cent generation to receive support. Moreover, as per the revised guidelines, there is a provision to release the CFA in two stages. Based on performance of the projects, 50 per cent of total CFA will be released after obtaining the consent to Operate certificate from State Pollution Control Board, against the bank guarantee, while the balance CFA would be released after achieving the 80 per cent of the rated capacity or the maximum CFA eligible capacity, whichever is lesser. 'In notably, even if a plant does not achieve 80 per cent generation for above both conditions during performance inspection, provision is made for pro-rata based disbursement based on the percentage output. However, no CFA will be given if the PLF is less than 50 per cent,' according to the government. This change acknowledges real-world challenges and supports developers by offering financial flexibility and viability during operations. The revision introduced provides the flexibility to the project developers in claiming CFA either within 18 months from the date of commissioning, or from the date of In-principle approval of CFA, whichever is later.
South China Morning Post
3 hours ago
- Sport
- South China Morning Post
Ivankovic out. Chinese football bosses finally confirm sacking after World Cup failure
The Chinese Football Association has finally confirmed what everyone already knew, that head coach Branko Ivankovic had been fired after his side's failure to qualify for the 2026 World Cup. Advertisement In a statement released on its website, the CFA thanked Ivankovic and said Dejan Djurdjevic, who led China to the quarter-finals of the Under-20 Asian Cup in Shenzhen in February, would take over on a caretaker basis for next month's East Asian Championship in South Korea, which also includes Hong Kong and Japan. Ivankovic was removed from his post as a result of China finishing fifth in Group C of the continent's preliminaries for next year's 48-team finals, which will be held in Canada, Mexico and the United States. 'The Chinese Football Association expresses gratitude to Mr Branko Ivankovic and his coaching staff for their dedicated efforts during their tenure with the men's national team and their contributions to Chinese football,' a CFA statement said. 'We wish Mr. Ivankovic all the best in his future work and life.' Losing to Indonesia in Jakarta was the end of China's World Cup dreams for another year. Photo: Xinhua The 71-year-old Croatian, who led Iran at the World Cup finals in Germany in 2006, was appointed China's coach in February 2024, replacing Aleksandar Jankovic. He steered the country into the third phase of Asia's World Cup qualifying.
Malay Mail
3 hours ago
- Sport
- Malay Mail
China sack Ivankovic after World Cup failure, U-19 coach Djurdjevic named interim boss
BEIJING, June 28 — China's football association yesterday said it has sacked national coach Branko Ivankovic after the country failed to qualify for the 2026 World Cup. The decision followed a series of setbacks in qualifying for China, who have only ever played once in a World Cup. China lost 1-0 to Indonesia in early June, a result that effectively dashed the national team's hopes of qualifying. They ultimately finished second-to-last in their Asian group, with seven defeats in 10 matches. 'As the Chinese men's national team failed to qualify for the play-off stage, the contract of the coach and his staff has been automatically terminated, in accordance with the stipulated terms,' the Chinese Football Association said in a statement Friday. 'Branko Ivankovic will no longer lead the national team,' it said, thanking the Croatian, who has coached Dinamo Zagreb and Iran, for his 'hard work'. The Serbian coach of the Chinese U-19 men's national team, Dejan Djurdjevic, has been appointed interim national coach, the CFA said. The Chinese team are ranked 94th in the world by FIFA, continuing a downward slide that began several years ago. The side have long been the target of ridicule by Chinese fans due to their poor results and the multiple corruption scandals plaguing the sport. President Xi Jinping has said he wanted China to win the World Cup one day, but the latest flop means they have only ever played there once, in 2002, when they failed to get a point or score a goal. — AFP
Straits Times
5 hours ago
- Sport
- Straits Times
Coach Ivankovic fired by Chinese following World Cup elimination
HONG KONG - Branko Ivankovic has been fired as China's national team coach following his side's elimination from the qualifiers for the 2026 World Cup this month, the Chinese Football Association announced on Friday. The 71-year-old Croatian coach was removed from the post as a result of China finishing fifth in Group C of the continent's preliminaries for next year's 48-team finals, which will be held in the United States, Mexico and Canada. "The Chinese Football Association expresses gratitude to Mr. Branko Ivankovic and his coaching staff for their dedicated efforts during their tenure with the men's national team and their contributions to Chinese football," a CFA statement said. "We wish Mr. Ivankovic all the best in his future work and life." Ivankovic, who led Iran at the World Cup finals in Germany in 2006, was appointed China's coach in February 2024, replacing Aleksandar Jankovic. He steered the country into the third phase of Asia's World Cup qualifying. His team recovered from a poor start, which included a 7-0 thrashing at the hands of Japan, to maintain their hopes of a place at their first World Cup since the nation's debut appearance at the finals in 2002. Wins over Indonesia and Bahrain kept China in contention for a berth in the fourth round of qualifying, but losses to Japan, Saudi Arabia and Australia were followed by a defeat against Indonesia on June 5 that ended any prospect of progressing. The Chinese association said Dejan Djurdjevic, who led China to the quarter-finals of the Under 20 Asian Cup in Shenzhen in February, will take over on a caretaker basis for next month's East Asian Championship in South Korea. REUTERS Join ST's Telegram channel and get the latest breaking news delivered to you.
The Sun
6 hours ago
- Sport
- The Sun
China sacks football coach Branko Ivankovic after World Cup failure
CHINA'S football association has terminated the contract of national team coach Branko Ivankovic after the country's failure to qualify for the 2026 World Cup. The decision came following a disappointing qualifying campaign, including a crucial 1-0 loss to Indonesia earlier this month. China finished second-last in their Asian qualifying group, suffering seven defeats in 10 matches. The Chinese Football Association (CFA) confirmed the dismissal in a statement, saying, 'As the Chinese men's national team failed to qualify for the play-off stage, the contract of the coach and his staff has been automatically terminated, in accordance with the stipulated terms.' Ivankovic, a Croatian who previously managed Dinamo Zagreb and Iran, was thanked for his 'hard work.' The CFA named Dejan Djurdjevic, current coach of China's U-19 team, as interim national coach. China's football team, ranked 94th globally, has faced persistent criticism from fans due to poor performances and corruption scandals. Despite President Xi Jinping's ambition for China to win the World Cup, the team has only qualified once, in 2002, failing to score or earn a point.
