Connect with us

Renewable Energy Times

Indian coal companies plan 3 GW of solar

Solar

Indian coal companies plan 3 GW of solar



In a memorandum of understanding, NLC India Limited (NLCIL) and Coal India Limited (CIL) have said they will install solar PV projects worth 3 GW in India, and 2 GW of thermal power projects.

From pv magazine India

In a statement released to the Bombay Stock Exchange Limited and the National Stock Exchange of India Limited, two Indian coal companies, NLCIL and CIL, say they have signed an MoU with the intention of forming a joint venture company to install 3 GW worth of solar power projects, and 2 GW of thermal power projects.

The understanding was signed on October 8 in the capital of west Bengal, Kolkata, at CIL’s headquarters, by Shri Nathella Naga Maheswar Rao, director (Planning & Projects), NLCIL and Shri Binay Dayal, director (Tech.), CIL, and in the presence of Shri Rakesh Kumar, CMD, NLCIL and Shri Anil Kumar Jha, CMD,CIL.

A spokesperson at NLCIL declined to provide pv magazine India with any further information, stating that more details will be available soon. CIL, meanwhile, could not be reached for comment.

According to a report in Yahoo News, a CIL official was quoted as saying, “This is a synergistic step, combining the resources of both the companies for a common goal. CIL will be riding the core technical expertise of NLCIL in thermal power generation and solar PV power.”



Source PV Magazine

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

More in Solar

Categories

October 2018
M T W T F S S
« Sep    
1234567
891011121314
15161718192021
22232425262728
293031  

Follow

Subscribe to notifications
To Top
%d bloggers like this: