The project was commissioned on Wednesday, Coal India Ltd (CIL) said in a statement. Eastern Coalfields Ltd (ECL), a subsidiary of Coal India, has commissioned a 250-kilowatt (kW) rooftop solar power project, ramping up its total installed solar rooftop capacity to 692 kW, according to a statement. The project was commissioned on Wednesday, Coal India […]
Coal India inks solar power deal with GUVNL
Kolkata: Coal India (CIL) on Thursday signed a first of its kind power purchase agreement for sale of 100 MW solar power with Gujarat Urja Vikas Nigam (GUVNL). The tenure of the agreement period is for 25 years. In its maiden venture into solar power, the world’s largest coal producing company in March’21 had won […]
Coal India signs first ever power purchase pact with GUVNL for sale of 100 mw solar power
The tenure of power purchase agreement (PPA) is 25 years, Coal India Ltd (CIL) said in a statement. State-owned CIL on Friday said it has entered into its first ever power purchase pact with Gujarat Urja Vikas Nigam Ltd (GUVNL) for sale of 100 mw solar power. The tenure of power purchase agreement (PPA) is […]
NLC India-Coal India JV to invest in 3,000 MW solar power projects
Integrated lignite mining-cum-power generation company NLC India Ltd and Coal India Ltd have plans to get into 3,000 MW of solar power generation, a top NLC India official said. Chennai: Integrated lignite mining-cum-power generation company NLC India Ltd and Coal India Ltd have plans to get into 3,000 MW of solar power generation, a top […]
Coal India prepares Rs 1L cr plan to diversify into aluminium, solar sectors
CIL will set up three specific-purpose vehicles (SPVs) for an about Rs 45,500-crore integrated solar wafer manufacturing facility, a Rs 38,000-crore green-field aluminium project, and an about Rs 23,400-crore aluminium smelting unit with state-run National Aluminium Company Ltd (NALCO). The government has approved state-run Coal India Ltd (CIL)’s Rs 1-lakh-crore diversification plan to set up […]
Board of Coal India approves venturing into aluminium and solar power value chain
At meeting held on 24 December 2020 The Board of Coal India at its meeting held on 24 December 2020 has accorded its ‘In-principle’ approval to venture value into aluminium value chain (Mining-Refining-smelting) and solar power value chain (Ingot-wafer-cell-Module and Generation). It also approved to create SPVs subject to obtaining concurrence from Niti Aayog, DIPAM […]
Coal India, NLC India JV to pump in Rs 12,000 cr to install 3,000-MW solar power assets
The government plans to impose 20 per cent basic customs duty duty on imported solar panels to boost the domestic industry, the sources said. Solar developers have been largely dependent on Chinese equipment. KOLKATA: Coal India Ltd (CIL) and NLC India will jointly develop solar power assets of 3,000 MW with a likely investment of […]
No intention to privatise Coal India, says Pralhad Joshi
He said that the government has announced an investment of Rs 50,000 crores under Aatmanirbhar Bharat Abhiyan to create and develop infrastructure facilities for Coal India New Delhi: Minister of Coal and Mines Pralhad Joshi on Monday said that the government “doesn’t have any intention to privatise state-owned Coal India Ltd”. “Coal India will achieve […]
India doubles down on solar, gas at coal’s expense as electricity use falls
Overall electricity use fell by about 24 per cent in April, the data from POSOCO showed, as all industries and offices not categorized “essential” were shut as a part of a nationwide lockdown to prevent the spread of the coronavirus CHENNAI: India’s solar and gas-fired electricity generation rose in April even as overall power demand […]
Public sector enterprises gradually diversifying into green energy
Coal India Ltd (CIL) has announced plans to develop 20 GW of solar capacity over 10 years at an estimated investment of Rs 1 trillion Egged on by government incentives, the state owned enterprises (SOEs) are diversifying into green energy and building renewable energy portfolios. In October this year, the Ministry of New & Renewable […]