CIL to Invest $3 Bn in Clean Energy to Strengthen Renewables
POWER & RENEWABLE ENERGY

CIL to Invest $3 Bn in Clean Energy to Strengthen Renewables

Coal India announced plans to establish clean energy projects with a combined capacity of approximately 4.5 gigawatts, at an estimated investment of Rs 250 billion (around $3 billion), as part of its commitment to achieving net-zero carbon emissions from its operations.

The state-run mining company has been gradually shifting its focus away from coal, a major source of pollution but still essential for meeting India’s current energy requirements. This transition aligns with the country's broader goal of reaching net-zero emissions by 2070.

The company revealed that it intends to supply clean energy, generated through solar and wind power projects, to AM Green Ammonia (India)'s upcoming green ammonia facilities. However, it did not specify a timeline for the development of these projects.

AM Green, backed significantly by the founders of India’s Greenko Group, has set a target to produce 5 million tons per annum (MTPA) of green ammonia by the year 2030.

Coal India’s move into clean energy comes at a time when it is also expanding its coal-based power capacity. This shift is occurring alongside rising electricity demand driven by climate change and rapid industrialisation.

To address the growing energy needs, India plans to increase its coal-fired power capacity by 80 gigawatts by 2031-32, up from the current 222 GW. Simultaneously, the country aims to scale up its clean energy capacity to at least 500 GW by 2030, compared to 172 GW at present.

Despite these ambitions, the renewable energy sector in India continues to face significant challenges, including limited interest in tenders, difficulties in acquiring land, delays in finalising power purchase agreements, and frequent project cancellations.

News source: Business Standard

Your next big infra connection is waiting at RAHSTA 2025 – Asia’s Biggest Roads & Highways Expo, Jio World Convention Centre, Mumbai. Don’t miss out!

Coal India announced plans to establish clean energy projects with a combined capacity of approximately 4.5 gigawatts, at an estimated investment of Rs 250 billion (around $3 billion), as part of its commitment to achieving net-zero carbon emissions from its operations. The state-run mining company has been gradually shifting its focus away from coal, a major source of pollution but still essential for meeting India’s current energy requirements. This transition aligns with the country's broader goal of reaching net-zero emissions by 2070. The company revealed that it intends to supply clean energy, generated through solar and wind power projects, to AM Green Ammonia (India)'s upcoming green ammonia facilities. However, it did not specify a timeline for the development of these projects. AM Green, backed significantly by the founders of India’s Greenko Group, has set a target to produce 5 million tons per annum (MTPA) of green ammonia by the year 2030. Coal India’s move into clean energy comes at a time when it is also expanding its coal-based power capacity. This shift is occurring alongside rising electricity demand driven by climate change and rapid industrialisation. To address the growing energy needs, India plans to increase its coal-fired power capacity by 80 gigawatts by 2031-32, up from the current 222 GW. Simultaneously, the country aims to scale up its clean energy capacity to at least 500 GW by 2030, compared to 172 GW at present. Despite these ambitions, the renewable energy sector in India continues to face significant challenges, including limited interest in tenders, difficulties in acquiring land, delays in finalising power purchase agreements, and frequent project cancellations. News source: Business Standard

Next Story
Real Estate

Vitizen Hotels Signs Deal at Manyata Tech Park

Vikram Kamats Hospitality, as part of its ongoing expansion in key metropolitan markets, announced that its material subsidiary, Vitizen Hotels, has signed a long-term lease agreement for a 45-key hotel property at Manyata Tech Park, Bengaluru.Strategically located in the city’s prominent IT hub, the property is well-positioned to serve corporate travelers, business professionals, and long-stay guests. The addition aligns with the company’s asset-light growth model, leveraging long-term leases to expand its footprint in high-demand urban markets.The hotel is expected to strengthen the comp..

Next Story
Infrastructure Transport

CONCOR Signs MoU with BPIPL to Operate Container Terminal at Bhavnagar Port

Container Corporation of India (CONCOR) has signed a Memorandum of Understanding (MoU) with Bhavnagar Port Infrastructure (BPIPL) on September 4, 2025, in New Delhi to operate and maintain the upcoming container terminal at the northside of Bhavnagar Port, Gujarat.BPIPL had earlier entered into an agreement with the Gujarat Maritime Board (GMB) in September 2024 for the port’s development. Under this arrangement, 235 hectares of land has been leased to BPIPL for 30 years, with provision for expansion by an additional 250 hectares.The new terminal is expected to significantly enhance logistic..

Next Story
Infrastructure Transport

Concord Launches India’s First Indigenous Zero-Emission Rail Propulsion

Concord Control Systems (CCSL), a leader in embedded electronics and critical rail technologies, has announced the development of India’s first fully indigenous zero-emission propulsion system, marking a significant step toward the country’s railway electrification and net-zero goals for 2030.Powered by Lithium Iron Phosphate (LFP) batteries and featuring a DC chopper-based drive, the propulsion system eliminates idling losses common in diesel engines, offering higher efficiency, lower costs, and zero emissions.What sets this innovation apart is its completely indigenous design. Except for..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?