Coal-India-Ltd
Coal India Limited is an Indian government undertaking and coal mining and refining entity headquartered in Kolkata, West Bengal, India. It is the largest coal-producing company in the world and a Maharatna public sector undertaking. The company contributes around 82% to the total coal production in India.

Pramod Agarwal, head of the world’s largest coal mining firm—Coal India Ltd, says its company could venture into solar wafer manufacturing.

The coal giant—is partnering via a joint venture—with state-run NLC India Ltd to invest around USD $1.73 billion in solar power projects with a capacity of 3 gigawatts.

Pramod says its company expects to lose business in the next two, three decades, as solar takes over.

Coal India plans to keep closing small coal mines and will avoid opening any mines that would involve large-scale hiring.

Bloomberg says India must phase out its coal-fired power plants by the middle of this century to achieve net-zero emissions within that timeframe.

The country is under pressure to commit to a net-zero target before the COP26 climate change talks in Glasgow and has been considering a 2050 goal.

Editorial Team
The Editorial Team comprises a diverse and talented team of writers, researchers and subject matter experts equipped with data and insights to deliver useful news updates. We are experts with the mission to inform, educate and inspire the industry. We are passionately curious, enthusiastic, and motivated to positively impact the world. Send us a tip via hello @ pvbuzz [dot] com.

U.S Treasury and Labor Departments award NYSERDA an $8.2 million grant to provide clean energy job training

Previous article

Ontario-based Mitrex launches a solar roof BIPV—says it transforms homes into power systems

Next article

You may also like

Comments

Leave a reply

More in News Watch