A major subsidiary of Coal India Ltd, Mahanadi Coalfields Ltd is planning to invest 4,600 crores in developing a complete Solar value Chain for the Company.
MCL's plans are to invest in the complete Solar Value Chain starting from silicon manufacturing to solar modules and Utility scale power plants.The company has finalised the Preliminary plans, says Kulamani Biswal, the Director Finance - MCL, during the 3rd Odisha Symposium which was organized by Invest Bhubaneswar.
MCL is planning to Produce Silicon using the large quartz deposits under it's belt in the western part of the Odisha. MCL currently plans to produce 6,000 metric tonne of silicon through it's new Manufacturing Facility. Kulamani Biswal said that they will be capable of Supplying 1000MW Solar Facilities, with the Silicon Manufactured in the plant.
Plant Location:
Though the exact plant location is unknown,the location is expected to be in between Jharsuguda and Sambalpur, utilizing a total area of 50 acres.
About MCL:
Mahanadi Coalfields Limited (MCL), a subsidiary of Coal India Limited (CIL) and is having coal mines spread across the State of Odisha.
Website: www.mcl.gov.in
Article written by Rahul R Prabhu
For More Details Contact: rprabhu@renewindians.com
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