Coal India signs first 100 MW solar power purchase agreement

摘要

In its maiden venture into solar power, state-owned miner Coal India Ltd (CIL) announced it had signed a first-of-its-kind power purchase agreement for the sale of 100 Megawatt (MW) solar power with Gujarat Urja Vikas Nigam (GUVNL). The company had won a 100 MW solar power project in March in a reverse auction conducted by GUVNL. The tenure of the agreement period is for 25 years. CIL said it is serious in its intent to pursue solar power as an alternative green energy source and for that it has rolled out a plan for 3,000 MW of solar power generation by 2024.