Coal India Ltd.

BSE: 533278 | NSE: COALINDIA
Large Cap | Mining & Minerals
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Coal India emerges as successful bidder for solar power project in Gujarat

Date: 29-01-2024

Coal India has bagged 300 MW capacity of Gujarat Industrial Power Corporation, RE park of 600 MW capacity at Khavda, grid connected SPV Project. Gujarat Urja Vikas Nigam (GUVNL) had invited the bids for the procurement of 600 MW of grid-connected solar power projects in Phase XXI. These projects will be located at the solar park owned by Gujarat Industries Power Company (GIPCL) in Khavda, Gujarat. GUVNL will enter in to Power Purchase Agreement (PPA) for 25 years with Coal India.

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.