Coal India Ltd. (CIL) and NLC India will jointly develop solar power assets of 3,000 MW with a likely investment of about ₹12,000 crore, sources said on Saturday.
The two state-run companies had on Friday said they would form a JV to develop 5,000 MW of solar and thermal power assets across the country.
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Unknown title 0 PRINT A A A Sunny days: At present, the capital expenditure for each MW of solar power is about ₹4 crore. | Photo Credit: T_Singaravelou Venture aims to set up 3,000 MW of solar power assets <span>Coal India Ltd. (CIL) and NLC India will jointly develop solar power assets of 3,000 MW with a likely investment of about ₹12,000 crore, sources said on Saturday. The two state-run companies had on Friday said they would form a JV to develop 5,000 MW of solar and thermal power assets across the country. “A solar JV is already in process of formation with an initial capital of ₹10 lakh,” the sources said. “Once the company is formed, the respective company boards will decide the final c Summary
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