Coal India Invests Rs 12.09 Billion in Solar Projects
POWER & RENEWABLE ENERGY

Coal India Invests Rs 12.09 Billion in Solar Projects

Coal India Ltd (CIL) has allocated Rs 12.09 billion towards the development of 661 MW of ground-mounted solar power projects. The state-owned company aims to scale up its solar capacity to 3,000 MW by the 2027-28 fiscal year. This includes planned additions of 211.59 MW in FY25, 697.85 MW in FY26, 1,235 MW in FY27, and 785 MW in FY28, according to Coal and Mines Minister G. Kishan Reddy's statement in the Rajya Sabha. To ensure timely project completion, CIL has stationed its engineers on-site for regular monitoring and coordination with statutory authorities to expedite necessary clearances. Singareni Collieries and NLC India Ltd have also made significant investments in solar energy. Singareni Collieries has spent Rs 1182 billion, while NLC India has allocated Rs 67.23 billion for solar projects. CIL, responsible for over 80% of India’s domestic coal production, is increasingly diversifying into renewable energy to support the country’s energy transition goals. (TOI)

Coal India Ltd (CIL) has allocated Rs 12.09 billion towards the development of 661 MW of ground-mounted solar power projects. The state-owned company aims to scale up its solar capacity to 3,000 MW by the 2027-28 fiscal year. This includes planned additions of 211.59 MW in FY25, 697.85 MW in FY26, 1,235 MW in FY27, and 785 MW in FY28, according to Coal and Mines Minister G. Kishan Reddy's statement in the Rajya Sabha. To ensure timely project completion, CIL has stationed its engineers on-site for regular monitoring and coordination with statutory authorities to expedite necessary clearances. Singareni Collieries and NLC India Ltd have also made significant investments in solar energy. Singareni Collieries has spent Rs 1182 billion, while NLC India has allocated Rs 67.23 billion for solar projects. CIL, responsible for over 80% of India’s domestic coal production, is increasingly diversifying into renewable energy to support the country’s energy transition goals. (TOI)

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code