Currents - Energy Industry Insights: Volume 5, Issue 10

World's Largest Coal Miner Coal India Bets on Solar, Eyes Further Mine Closures - "Pramod Agarwal said its joint venture with state-run NLC India Ltd plans to invest around 125 billion rupees ($1.73 billion) in solar power projects with a capacity of 3,000 megawatts, of which Coal India will invest some 60 billion rupees by March 2024." Why this is important: Coal India Ltd. is the world's largest coal mining company, but it believes solar is the future for power production. The company has...
By: Spilman Thomas & Battle, PLLC

Array