Coal, lignite firms plan to install additional 5,560 MW renewable energy capacity by 2030

To contribute India’s commitment to increase non-fossil energy capacity to 500 gigawatt (GW) by 2030, coal and lignite companies have planned to install additional 5,560 megawatt (MW) of renewable capacity in the country with an investment of over Rs 15,000 crore, the coal ministry on Thursday said. This will take the total installed capacity to 7 GW. Coal India NSE -1.73 % (CIL) alone has planned to install 3 GW of solar power in the next five years to achieve its net zero target, the ministry said in a statement.