{"id":385781,"date":"2020-11-24T09:24:59","date_gmt":"2020-11-24T03:54:59","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=385781"},"modified":"2020-11-24T10:18:53","modified_gmt":"2020-11-24T04:48:53","slug":"coal-india-to-invest-over-760-million-in-solar-over-4-years-to-cut-costs","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/coal-india-to-invest-over-760-million-in-solar-over-4-years-to-cut-costs\/","title":{"rendered":"Coal India to invest over $760 million in solar over 4 years to cut costs"},"content":{"rendered":"<p>Coal India Ltd, the world&#8217;s largest coal miner, said on Monday it would invest 56.50 billion rupees ($763 million) by March 2024 to build 14 solar projects to help power its mining operations and cut costs.<\/p>\n<p>The state-run company will fund nearly two-thirds of its plan to construct rooftop and ground-mounted solar power projects with a capacity of 3,000 megawatts (MW) with cash.<\/p>\n<p>A joint venture with lignite miner NLC India Ltd would finance the rest of the company&#8217;s solar expansion, it said in a statement.<\/p>\n<p>&#8220;The solar power initiative helps Coal India Ltd (CIL) reduce its whopping annual power consumption expense,&#8221; the company said, adding that such costs accounted for 4.4% of its annual costs.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Coal India Ltd, the world&#8217;s largest coal miner, said on Monday it would invest 56.50 billion rupees ($763 million) by March 2024 to build 14 solar projects to help power its mining operations and cut costs. The state-run company will fund nearly two-thirds of its plan to construct rooftop and ground-mounted solar power projects with a capacity of 3,000 megawatts (MW) with cash. A joint venture with lignite miner NLC India Ltd would finance the rest of the company&#8217;s solar expansion, it said in a statement. &#8220;The solar power initiative helps Coal India Ltd (CIL) reduce its whopping annual power [&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":[175,146,130],"tags":[],"class_list":["post-385781","post","type-post","status-publish","format-standard","hentry","category-coal-deccan-herald-newspapers","category-deccan-herald-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/385781","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=385781"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/385781\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=385781"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=385781"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=385781"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}