Coal India, NLCIL, SCCL plan to achieve 7,231 MW renewable energy capacity by 2027

Coal India, NLCIL, SCCL plan to achieve 7,231 MW renewable energy capacity by 2027

The government said that its coal ministry had instructed all of its central public sector enterprises (CPSEs) to carefully prepare a net zero plan for the coal mining industry.

According to a formal statement, coal PSUs have carefully established a three-year action plan including precise renewable targets.

To increase the nation’s overall renewable energy capacity to more than 7,231 MW by 2027, Coal India and its subsidiaries, NLCIL and SCCL, have planned to add 3,000 MW, 3,731 MW, and 550 MW of renewable energy capacity, respectively.

This action is consistent with the Prime Minister’s “panchamrit” promise, a five-point agenda, for the Conference of the Parties (COP26) of the UN Framework Convention on Climate Change (UNFCCC), which will be held in November 2021:

Two goals for the future are: to increase the country’s non-fossil energy capacity to 500 GW by 2030 and ensure that renewable energy sources meet 50% of the nation’s energy demand by the same year.

to cut one billion tonnes of the nation’s estimated total carbon emissions by 2030

The aim is to reduce the carbon intensity of the Indian economy to around 45% of 2005 levels and achieve net-zero emissions and carbon neutrality in the country by 2070.

According to the coal ministry, up until March 2023, 1,600 MW of renewable capacity has already been generated, with 11 MW coming from CIL, 1360 MW from NLCIL, and 224 MW from SCCL.

For the current fiscal year, which ends in March 2024, CIL has been given 399 MW, and NLCIL has been awarded 1370 MW. In the fiscal year 2024–2025, 2,553 MW more capacity is expected to be given, according to the statement.

The ministry added that CIL and NLCIL intend to build sizable solar projects in Rajasthan and Gujarat.

According to the government, CIL has already gone into a joint venture with RRVUNL to establish a 1,190 MW solar park and signed an agreement for its first foray into solar electricity to sell 100 MW to GUVNL in Gujarat.