Public sector coal companies have made an investment plan of Rs 2.5 lakh crore by 2030 towards “new business”, Union Minister Pralhad Joshi said on Tuesday. The investment will be utilised to increase their capacity and usage of green energy, the Union Minister for Coal and Mines said at a session of Indian Construction and Equipment Manufacturers Association (ICEMA) organised by industry body CII.
“Coal PSUs have made a investment plan of Rs 2.5 lakh crore by 2030 in the new business like developing renewable energy (projects), clean coal technologies and new mine development projects,” he said.