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Coal PSUs have planned to scale up their total installed renewable energy capacity to 7,231 megawatt (MW) by 2027, an official statement said on Thursday. About 1,600 MW of renewable capacity has already been created till March 2023, by the PSUs Coal India Ltd (CIL), NLC India Ltd (NLCIL), and Singareni Collieries Company Limited (SCCL). ....
While one project is planned near Amarkantak in Madhya Pradesh, the other is at Sundergarh district, in Odisha. It will be a 1 x 660 MW plant at an estimated cost of Rs 5,600 crore, the Ministry said adding the Madhya Pradesh project is in advanced stages of approval. ....
Coal India Limited (CIL) has added lithium, cobalt, and nickel assets to its Memorandum of Association (MoA) to reflect its commitment to expanding into new sectors. CIL is targeting the acquisition of these critical minerals assets abroad and is currently identifying potential mergers and acquisitions opportunities. This strategic move aims to secure a steady supply of the minerals for India s Atmanirbhar mission. ....
The company has recently amended its Memorandum of Association (MoA) to include non-ferrous and critical minerals, indicating its commitment to expand its presence in new sectors. ....