Coal India Invests Rs 1,209 Cr in Solar Projects

By By Rediff Money Desk, New Delhi
Dec 16, 2024 14:41
Coal India Ltd (CIL) has spent Rs 1,209 crore on solar projects, aiming for 3,000 MW capacity by 2027-28. The government outlines CIL's solar project plans and spending by other PSUs like Singareni Collieries and NLC India.
New Delhi, Dec 16 (PTI) State-owned CIL has spent a total of Rs 1,209 crore on ground-mounted solar power projects having a capacity of 661 MW, the government on Monday said.

Coal India Ltd (CIL) has a plan to achieve 3,000 MW solar project capacity by 2027-28 which consists of 211.59 MW in the current fiscal, 697.85 MW in FY26, 1,235 MW in FY27 and 785 MW in FY28, Coal and mines minister G Kishan Reddy said in reply to Rajya Sabha.

To ensure the timely execution of the solar projects, the PSU has taken various measures like posting of CIL Engineers at the solar project site for effective monitoring and supervising of project activities on a day-to-day basis and coordination with various statutory authorities for expediting clearances.

The minister further said that Singareni Collieries Company Ltd has spent Rs 1,182.60 crore on solar projects while NLC India Ltd has spent Rs 6,723.59 crore on such projects.

CIL accounts for over 80 per cent of domestic coal production.
Source: PTI
Read More On:
coal indiarenewable energysolar energycilsolar projects
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.

You May Like To Read

MORE NEWS

Delhi Air Quality: Jahangirpuri AQI at 498...

Delhi air quality worsens, Jahangirpuri records AQI of 498, falling in the severe...

Rupee Hits Record Low: INR vs USD at 90.58

Rupee falls to a new all-time low of 90.58 against the US dollar amid trade deal...

DRI Seizes Red Sanders Worth Rs 6.26 Cr, 4...

DRI seizes 15 MT of red sanders worth Rs 6.26 crore in Delhi, arrests 4. Illegal export...

UAE Fund to Invest ₹1,000 Cr in Kerala Startups

UAE-based Feeder Fund to invest ₹1,000 crore in Kerala startups over 3 years. Boost...

ECL Aims for 58 MT Output, Mine Closures Planned

Eastern Coalfields Ltd (ECL) targets 58 MT output, plans closure of six underground...

India: Export Potential in Russia

300 Indian products have huge export potential in Russia. Engineering, pharma, agri,...

Gold & Silver Rally: Inflation Data in Focus

Gold and silver prices rally amid inflation data focus. Analysts eye central bank...

India Ranks 3rd in Global AI Vibrancy Index

India ranks 3rd in Stanford University's Global AI Vibrancy tool, surpassing advanced...

EPFOA Urges CPFC: Equip Offices for Compliance

EPFOA urges CPFC to equip field offices with authority & tools to handle default &...

TV Prices to Rise in January: Chip Shortage &...

TV prices are expected to increase in January due to memory chip shortages and a...

Read More »

Sectoral Indices Market Indicators Listed Companies Gainers Losers Mutual Funds Portfolio Watchlist
© 2025 Rediff.com