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Coal PSUs to install over 9 GW renewable power capacity by 2030

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State-run coal mining companies in India, including Coal India and its subsidiaries, are aiming to increase their installed renewable energy capacity to over 9 GW by 2030. Currently, these companies have a combined renewable energy capacity of 1.75 GW, mainly from solar and wind power. The government is actively promoting the deployment of solar projects in mining facilities and plans to develop solar parks in reclaimed mining areas. This initiative aligns with the government's goal of achieving 50% of cumulative electric power capacity from non-fossil fuel sources by 2030. Additionally, coal companies are diversifying towards renewable energy to pursue sustainability and environmental stewardship.

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