30-10-2023 01:48 PM | Source: Accord Fintech
Coal Ministry to work jointly with Ministry of New & Renewable Energy to promote green energy

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With an aim to promote green energy, Ministry of Coal and Ministry of New & Renewable Energy are all set to work together. During  secretary-level joint meeting between the two ministries, it was decided that Ministry of  New & Renewable Energy will provide technical, policy & capacity building support and Ministry of  Coal will provide land, capital and undertake implementation of solar energy, green hydrogen and  other renewable energy projects.

In the high-level meeting, it was decided that coal companies have de-coaled and surplus land masses and such land can be offered for setting up of green hydrogen projects by the private investors. Coal CPSEs also have de-coaled land mass in the open cast mines where there is naturally available water storage reservoir and head of average 100 meter height. By construction of top reservoir, such de-coaled mines can be converted into pump storage projects. It was decided to work faster to set up such projects.

Ministry of New and Renewable Energy will support Ministry of Coal and its CPSEs of capacity building training of engineers, technicians and other functionaries through National Institute of Solar Energy (NISE). It was also decided that suitable knowledge partnership through IIT Roorkee, Solar Energy Corporation of India and other resource agencies associated with MNRE shall also be provided.co