The government has asked state-owned Coal India (CIL) to diversify its business and explore prospects in areas like electric vehicles and charging pods.
“CIL must diversify its business and explore prospects in sunrise industries electric charging pods, EVs etc,” according to Coal Ministry’s agenda for 2021-22.
It further said that CIL has plans to diversify considering the future restriction on carbon emission which is inevitable.
CIL has chosen new business area for diversification where carbon emission is minimum. The business areas for diversification considered includes solar wafer manufacturing, solar power generation, surface coal gasification and coal bed methane, among others, it said.