In a memorandum of understanding, NLC India Limited (NLCIL) and Coal India Limited (CIL) have said they will install 3 GW of solar projects and 2 GW of thermal power projects in India.
Coal India Ltd, the world’s largest coal producer company, has set the target of 20 GW solar PV installations in the next 10 years. To achieve the ambitious goal, the fossil fuel run firm will require an investment of approximately INR 900 billion ($13.8 billion).
Solar Energy Corporation India (SECI), on behalf of Coal India limited (CIL) has invited bids for two 100 MW solar power plants. The government authority will clarify the bidding requirement in a meeting to be held on November 13 in Kolkata.
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