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This Article is From Dec 16, 2024

Coal India Invests Rs 1,209 Crore In 661 MW Solar Power Projects

Coal India Invests Rs 1,209 Crore In 661 MW Solar Power Projects
State-owned Coal India Ltd. 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.A Coal India mining site. (Source: Company website)

State-owned Coal India Ltd. 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. 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 fiscal 2027 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 Co. 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.

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