{"id":391954,"date":"2020-12-28T12:09:09","date_gmt":"2020-12-28T06:39:09","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=391954"},"modified":"2020-12-28T13:07:48","modified_gmt":"2020-12-28T07:37:48","slug":"coal-india-prepares-rs-1l%e2%80%89cr-plan-to-diversify-into-aluminium-solar-sectors","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/coal-india-prepares-rs-1l%e2%80%89cr-plan-to-diversify-into-aluminium-solar-sectors\/","title":{"rendered":"Coal India prepares Rs 1L\u2009cr plan to diversify into aluminium, solar sectors"},"content":{"rendered":"<p>The government has approved state-run Coal India Ltd (CIL)\u2019s Rs 1-lakh-crore diversification plan to set up two aluminium plants in the eastern region and an entire solar module manufacturing value chain, including India\u2019s first polysilicon facility to compete with China, two people aware of the development said. <\/p>\n<p>CIL will set up three specific-purpose vehicles (SPVs) for an about Rs 45,500-crore integrated solar wafer manufacturing facility, a Rs 38,000-crore green-field aluminium project, and an about Rs 23,400-crore aluminium smelting unit with state-run National Aluminium Company Ltd (NALCO), they said, requesting anonymity. <\/p>\n<p>\u201cSPVs have been created for equity participation by private investors and experienced corporate entities from across the globe in the three projects,\u201d one of the persons said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The government has approved state-run Coal India Ltd (CIL)\u2019s Rs 1-lakh-crore diversification plan to set up two aluminium plants in the eastern region and an entire solar module manufacturing value chain, including India\u2019s first polysilicon facility to compete with China, two people aware of the development said. CIL will set up three specific-purpose vehicles (SPVs) for an about Rs 45,500-crore integrated solar wafer manufacturing facility, a Rs 38,000-crore green-field aluminium project, and an about Rs 23,400-crore aluminium smelting unit with state-run National Aluminium Company Ltd (NALCO), they said, requesting anonymity. \u201cSPVs have been created for equity participation by private investors [&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":[186,141,130],"tags":[],"class_list":["post-391954","post","type-post","status-publish","format-standard","hentry","category-coal-hindustantimes","category-hindustantimes","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/391954","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=391954"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/391954\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=391954"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=391954"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=391954"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}