World's biggest coal company bets on solar power

  • 📰 BBCNews
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 97%

Business News News

Business Business Latest News,Business Business Headlines

Coal India Limited's chairman predicts that solar will replace coal as India's major energy provider.

“Coal as you know, we’re going to lose business in the next two, three decades. Solar will take over coal slowly as a major energy provider in the coming years,” CIL’s chairman Pramod Agarwal said in an interview with Reuters.

The group closed 82 mines in the three years to March 2020, and reduced its workforce by 18,600 employees. That’s slightly more than all US coal companies produced in 2019, according to figures from the US Energy Information Agency.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Why are still building houses & other buildings with out solar panels installed or rain water capture to flush toilets? It's a so wrong not to. Look to nature & science ( never nuclear) to help us get rid of global warming and pollution

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in BUSİNESS

Business Business Latest News, Business Business Headlines