Coal India Ltd.

Coal India (CIL) has entered into its first ever power purchase pact with Gujarat Urja Vikas Nigam (GUVNL) for sale of 100 mw solar power. The tenure of power purchase agreement (PPA) is 25 years. In March, CIL had won a 100 mw solar power project in a reverse auction conducted by GUVNL. For the 100 mw bid that it won, CIL was awarded the work with a stipulation that it enters a PPA for establishment of a solar power project and supplies the power generated to GUVNL within 18 months from the date of inking the PPA.

CIL will execute the 100 mw project through a solar (engineering, procurement and construction) EPC contractor. It has already issued a tender in advance for finalising a solar EPC contractor which is in an advanced stage.

Coal India is the world’s largest coal mining company. It also produces non-coking coal and coking coal of various grades for diverse applications.