Kolkata/Ranchi: Coal India (CIL) is foraying into the solar power sector with a view to make use of its whopping cash reserve of above R60,000 crore in a meaningful way.
CIL chairman and managing director S Narsing Rao told FE there are business opportunities in the solar power sector and a scope to take some climate mitigation initiatives as well. “Foraying into solar power is expected to give us returns higher than the interest we are earning. It would also be a carbon mitigating project,” Rao said.
Links:
[1] http://admin.indiaenvironmentportal.org.in/news/cil-plans-foray-solar-power
[2] http://admin.indiaenvironmentportal.org.in/category/author/indronil-roychowdhury
[3] http://admin.indiaenvironmentportal.org.in/category/newspaper/financial-express-new-delhi
[4] http://admin.indiaenvironmentportal.org.in/category/thesaurus/coal-india
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/solar-energy
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/climate-mitigation
[7] http://admin.indiaenvironmentportal.org.in/category/thesaurus/oil-and-natural-gas-corporation-ongc
[8] http://admin.indiaenvironmentportal.org.in/category/thesaurus/hindustan-petroleum-corporation-hpcl
[9] http://admin.indiaenvironmentportal.org.in/thesaurus/steel-authority-india-sail
[10] http://admin.indiaenvironmentportal.org.in/thesaurus/jawaharlal-nehru-national-solar-mission-jnnsm
[11] http://admin.indiaenvironmentportal.org.in/category/thesaurus/orissa
[12] http://admin.indiaenvironmentportal.org.in/category/thesaurus/mahanadi-coalfields
[13] http://admin.indiaenvironmentportal.org.in/category/thesaurus/coal
[14] http://admin.indiaenvironmentportal.org.in/category/thesaurus/renewable-energy
[15] http://admin.indiaenvironmentportal.org.in/category/thesaurus/energy