The Cabinet Committee on Economic Affairs (CCEA) has approved a proposal for equity investment by South Eastern Coalfields Limited (SECL) in a 1×660 MW thermal power plant
Coal India subsidiaries get CCEA nod for equity investments in coal-fired power projects – Central India s Premier English Daily centralchronicle.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from centralchronicle.com Daily Mail and Mail on Sunday newspapers.
New Delhi: The Cabinet Committee on Economic Affairs (CCEA) chaired by Prime Minister Narendra Modi on Thursday approved equity investments by two Coal India Ltd (CIL) subsidiaries South Eastern Coalfields Ltd (SECL) and Mahanadi Coalfields Ltd (MCL) for setting up thermal power plants at an estimated cost of Rs 21,547 crore.
Thermal energy was written off a few years ago, which was premature, power minister RK Singh had said in November. Thermal cannot be written off until energy storage becomes viable, he had said. Thermal power is going to stay until energy storage becomes cost-effective for round-the-clock supply through renewable energy, the minister had said.
Coal production target for FY25 is set at 850 MT financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.