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Coal PSUs to install over 9 GW renewable power capacity by 2030
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₹8,500 crore. Further, the roadmap to add over 9 GW of renewable energy capacity also comes at a time when Coal India and its subsidiaries have forayed into thermal power generation amid growing demand for power.
Earlier this year, the cabinet also approved the setting up of two thermal power projects by Coal India subsidiaries South Eastern Coalfields and Mahanadi Coalfields Ltd in joint ventures with a total capital expenditure of about ₹21,547 crore. On 29 January, Mint reported that Coal India is looking at expanding its thermal power generation portfolio in the country and is in talks with the governments of Uttar Pradesh, Jharkhand, and Assam for setting thermal power plants.
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