{"id":385769,"date":"2020-11-24T08:38:53","date_gmt":"2020-11-24T03:08:53","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=385769"},"modified":"2020-11-24T09:32:39","modified_gmt":"2020-11-24T04:02:39","slug":"coal-india-plans-to-invest-rs-5650-crore-in-solar-power-projects","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/coal-india-plans-to-invest-rs-5650-crore-in-solar-power-projects\/","title":{"rendered":"Coal India plans to invest Rs 5,650 crore in solar power projects"},"content":{"rendered":"<p>State-owned Coal India on Monday said it plans to set up 14 rooftop and ground-mounted solar power projects of 3,000 Mw capacity by 2023-24, which will entail an investment of Rs 5,650 crore. <\/p>\n<p>Coal India (CIL) is mandated by the coal ministry to become a net zero carbon company. Solar power initiative is a part of CIL\u2019s diversification plans, the PSU said in a filing to BSE. <\/p>\n<p>The likely investment would be around Rs 5,650 crore, it said. <\/p>\n<p>While Rs 3,650 crore is planned to be invested through CIL\u2019s capex, till \u20182023-24, the rest would be met through joint venture models that the company intends to pursue for this initiative. <\/p>\n<p>Synergising their efforts, CIL and NLC India Ltd have floated a joint venture entity \u2018Coal Lignite Urja Vikas Private Ltd\u2019 to develop 1,000 MW solar power projects.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>State-owned Coal India on Monday said it plans to set up 14 rooftop and ground-mounted solar power projects of 3,000 Mw capacity by 2023-24, which will entail an investment of Rs 5,650 crore. Coal India (CIL) is mandated by the coal ministry to become a net zero carbon company. Solar power initiative is a part of CIL\u2019s diversification plans, the PSU said in a filing to BSE. The likely investment would be around Rs 5,650 crore, it said. While Rs 3,650 crore is planned to be invested through CIL\u2019s capex, till \u20182023-24, the rest would be met through joint venture [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-385769","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/385769","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=385769"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/385769\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=385769"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=385769"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=385769"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}