Coal India Ltd (CIL) has earmarked Rs 12.09 billion for developing 661 MW of ground-mounted solar power projects as part of its goal to achieve 3,000 MW of solar capacity by FY 2027-28. Planned additions include 211.59 MW in FY25, 697.85 MW in FY26, 1,235 MW in FY27, and 785 MW in FY28, according to Coal and Mines Minister G. Kishan Reddy.
To ensure timely execution, CIL has deployed engineers on-site for regular monitoring and fast-tracking approvals. In addition to CIL, Singareni Collieries and NLC India Ltd are also investing heavily in solar energy, with Rs 1,182 billion and Rs 67.23 billion allocated, respectively.
This move reflects a broader trend among India’s major energy producers to shift towards cleaner and more sustainable energy sources. By diversifying its portfolio and investing in renewables, CIL aims to contribute significantly to India’s commitment to reducing carbon emissions and achieving its renewable energy targets.