(ET)
Coal India has invited bids from developers for setting up a 100 MW solar power plant in Solar Power Developer and Operator mode in Chhattisgarh. It will cater to the green energy requirement of Coal India subsidiary of South Eastern Coalfields which consumes around 850 million units of power annually.
This is part of Coal India’s plan to emerge a net-zero energy company – an entity that generates its own green power. The Proposed Solar Project will be established incapex mode. Coal India’s total annual Power requirement for coal production is around 4.5 billion units which would require setting up 3000 MW of solar power projects.
In order to achieve its goal, the company has formed a joint venture with NLC India (NLCIL), formerly Neyveli Lignite Corporation, to jointly set up 5000 MW of power generation capacity of which 3000 MW would be solar powered while the rest 2000 MW would be coal-fuelled.
