News

Project

Danielle Isaac

, India

Published:

5 years ago

India's coal giants to develop 3GW of solar and 2GW of coal

Coal India and NLC India inked a memorandum of agreement to form a 50-50 joint venture company.

Coal India Limited (CIL) and NLC India Limited (NLCIL) inked a memorandum of agreement (MoU) to form a 50-50 joint venture company that aims for 3GW of solar power generation and 2GW of thermal power generation.

According to an announcement, solar power projects will be set up in the identified barren and reclaimed free land of CIL and also across the country where land is available, requiring around 15,000 acres.

CIL's power generation is expected to cost $138.07m. The joint venture has a timeline of 15 months for completion of solar projects and a 60-month period for thermal power plants.

CIL eyes becoming a net zero energy company, which entails it to generate 3GW of solar power.

"CIL will be riding the core technical expertise of NLCIL in thermal power generation and Solar PV Power,” said a CIL official.

Also Read

NTPC commits to develop up to 10 GW of renewable energy in Maharshtra

ReNew inks 5 PPAs to add 2.2 GW to its renewable energy portfolio

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit

Top News

Australian launches 1.7 GW RE tender in Victoria and Tasmania

This is the country’s largest tender for the month of May.

Power Utility

1 day ago

Genesis Energy plans coal imports amidst decline in gas production

Local gas production was down by 33.4% YoY in April.

IPP

1 day ago

NTPC commits to develop up to 10 GW of renewable energy in Maharshtra

This is in partnership with Mahatma Phule Renewable Energy and Infrastructure Technology Limited.

Project

1 day ago

ReNew inks 5 PPAs to add 2.2 GW to its renewable energy portfolio

The deals will involve the construction of 1,500 MW of solar and 688 MW of wind projects.

IPP

1 day ago

Exclusives

Pressures mount for less desirable energy insurance placements in the region

Industry experts eye offshore investments as most attractive, yet more expensive.

Environment

2 days ago

Will the government pay for coal power exit in Vietnam?

The country’s coal power phase-out strategy sees renewables accounting for 67.7%–71.5% of the energy mix by 2050.

IPP

Japanese utility firms into serious business of reselling LNG surplus

Declining local demand for LNG directs Japanese companies to the South and Southeast Asian markets.

Power Utility

India removes licence requirement to build transmission lines for bulk consumers

The rule applies to those with at least 25 MW of load for inter-state connection and at least 10 MW for intra-state.

Event News

Thailand at the forefront of ASEAN's energy transition: A look ahead to Future Energy Asia

Co-Written / Partner

Co-hosted by industry leaders and supported by government officials, the Future Energy Asia Exhibition and Summit aims to accelerate the region's journey towards net-zero emissions.

Co-Written / Partner Celebrate your exceptional energy and sustainability initiatives with Asian Power

Co-Written / Partner Abu Dhabi Sustainable Water Solutions clinches two wins at Asian Water Awards

Technology VR and AR training are vital for the renewable energy workforce

Co-Written / Partner Thailand at the forefront of ASEAN's energy transition: A look ahead to Future Energy Asia

Co-hosted by industry leaders and supported by government officials, the Future Energy Asia Exhibition and Summit aims to accelerate the region's journey towards net-zero emissions.