Indian coal giant investing in PV

27. May 2013 | Applications & Installations, Global PV markets, Industry & Suppliers | By:  Max Hall

India largest coal miner, Coal India Limited, is reported to be preparing to develop a 2 MW solar project in Odisha as part of a stated aim to diversify into renewable energy.

A coal fired power station.

Coal India supplies 80% of the nation's coal but has reportedly opted to diversify into solar PV.

News agency DNAIndia is reporting that Coal India is preparing the 2 MW plant at Sambalpur as well as mulling over a rooftop PV installation at its Central Mine Planning and Design Institute research facility in Ranchi.

Whereas the Sambalpur plant – occupying nine acres of Coal India land – would be a commercial project, DNA says the Ranchi rooftop would be installed with the aim of reducing the company's energy bills.

DNA reports that, far from being a unique volte face, Coal India is merely following a trend which has seen public sector mining rival Neyveli Lignite Corp start developing the first 10 MW phase of an eventual 25 MW project near Neyveli airstrip.

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