Coal India Limited is the world’s largest coal miner
Coal India Ltd, the world’s largest coal miner, might enterprise into photo voltaic wafer manufacturing and desires to “aggressively” take part within the nation’s photo voltaic vitality auctions, its chairman informed Reuters on Tuesday. “Coal as you know, we’re going to lose business in the next two-three decades. Solar will take over coal slowly as a major energy provider in the coming years,” Pramod Agarwal stated in an interview.
“We are just exploring the possibilities where we can invest in solar wafer production, nobody is (currently) there in the country,” he stated.
Agarwal additionally stated its three way partnership with state-run NLC India Ltd plans to take a position round Rs 125,000 crore in solar energy tasks with a capability of three,000 megawatts (MW), of which Coal India would make investments about Rs 60,000 crore by March 2024.
