CIL Diversifying in Aluminium & Solar Sectors
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CIL Diversifying in Aluminium & Solar Sectors

State owned Coal India Limited’s board has given in principle approval for venturing into aluminium and solar sectors and creation of special purpose

State owned Coal India Limited’s board has given in principle approval for venturing into aluminium and solar sectors and creation of special purpose vehicles. CIL informed "CIL Board in its Meeting held on date, accorded its In Principle approval to venture into aluminium value chain, mining refining smelting and solar power value chain ingot wafer cell module and generation.”

The board also approved creating SPVs, subject to obtaining concurrence from Niti Aayog, DIPAM and after completion of feasibility studies and business analysis.

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