Mahanadi Coalfields Ltd (MCL), a subsidiary of Coal India Ltd (CIL), has unveiled a plan to invest around Rs 4,600 crore in a vertically integrated solar value chain.

“There is a plan for vertically integrated solar value chain right from silicon manufacturing from quartz to solar modules and a power plant. MCL has already obtained a preliminary report from a consultant for the project,” said Kulamani Biswal, Director Finance, MCL.