State-owned Coal India on Monday said it plans to set up 14 rooftop and ground-mounted solar power projects of 3,000 Mw capacity by 2023-24, which will entail an investment of Rs 5,650 crore.
Coal India (CIL) is mandated by the coal ministry to become a net zero carbon company. Solar power initiative is a part of CIL’s diversification plans, the PSU said in a filing to BSE.
The likely investment would be around Rs 5,650 crore, it said.
While Rs 3,650 crore is planned to be invested through CIL’s capex, till ‘2023-24, the rest would be met
Coal India plans to invest Rs 5,650 crore in solar power projects
Coal India (CIL) is mandated by the coal ministry to become a net zero carbon company.
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CIL has also tied up a JV with NTPC and an MoU with Solar Energy Corporation of India for solar projects of 1,000 Mw each
Topics : Coal India solar power projects
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