Coal India Ltd, a state-owned coal miner, has dissolved its solar manufacturing arm, CIL Solar PV Ltd, marking the end of its proposed entry into integrated solar PV manufacturing.
In a regulatory filing, Coal India said today that the name of its arm CIL Solar PV Ltd has been struck off from the Register of Companies under Section 248(5) of the Companies Act, 2013, and that the company now stands dissolved.
The move follows a public notice issued by the Ministry of Corporate Affairs in April 2026, which stated that the Registrar of Companies proposed to remove or strike off the name of CIL Solar PV Ltd under Section 248(2) of the Companies Act, 2013.
Coal India had formed CIL Solar PV Ltd as a special-purpose vehicle (SPV) to set up a planned 4 GW solar PV manufacturing facility covering ingots, wafers, cells and modules in India.
The proposed gigafactory formed part of Coal India’s broader diversification strategy as the company sought to expand beyond coal mining into integrated PV module manufacturing. The company has forayed into renewables development to decarbonisation operations. It plans to install 3 GW of renewable energy generation capacity by 2027-28 and 9.5 GW by 2029-30 pan India.
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