Coal India (CIL) has signed two agreements with Solar Energy Corp. of India (SECI) for the development of a 200 MW solar power project in Madhya Pradesh state.
The projects will supply solar energy to two CIL subsidiaries, Northern Coalfields Ltd and South Eastern Coalfields Ltd. The cost of the project is estimated at INR 6.5 billion (US$96.2 million) each.
The move marks a significant step into clean energy for the state-owned coal giant, which last October said it planned to develop 1 GW of solar project across in India.
In follows an announcement in May from Shenhua, China’s largest coal producer, that it had partnered with Californian solar company, Solar Reserve, to develop 1 GW of utility-scale solar in China.
Edited by Jonathan Rowland.
Read the article online at: https://www.worldcoal.com/coal/01072016/cil-to-develop-200-mw-of-solar-power-2016-1052/