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South Eastern Coalfields Plans Rs 1,218cr Investment to Set up Solar Projects

Chhattisgarh-based mining major South Eastern Coalfields (SECL) has drawn up an investment plan of Rs 1,218 crore up to financial year 2025-26 for setting up solar projects.

 

SECL plans to develop solar projects of more than 600 MW in the coming years, as it looks to expand and diversify its business to achieve net zero commitments. Two solar projects of 20 MW each are being set up at Bhatgaon and Bishrampur, and another 0.8 MW at Saraipali Korba area in Chhattisgarh, with a total cost of Rs 180.71 crore.

 

Further, a ground-mounted solar project of 60 MW worth Rs 420 crore is being set up at Johilla Phase-II, along with a 46-MW project worth Rs 322 crore in Hasdeo. Another notable endeavour in this segment is a 1.5 MW floating solar plant which will be installed at Sharda OC Sohagpur area in Madhya Pradesh at a cost of Rs 9.84 crore.

 

The detailed project report (DPR) for a 40-MW solar project worth Rs 286.51 crore is in the process of securing approval. Moreover, SECL is planning to set up solar projects totaling 436 MW on Renewable Energy Service Company (RESCO) or build-own-operate (BOO) mode.

 

SECL, with 67 blocks, contributed 167 MT to CIL's output of 703.21 MT in FY23.

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