From pv magazine India
Indian state-owned coal miner Coal India Ltd has dissolved its solar manufacturing arm, CIL Solar PV Ltd, ending its proposed entry into integrated solar PV manufacturing.
In a regulatory filing, Coal India said the name of its subsidiary, CIL Solar PV Ltd, has been struck off the Register of Companies under Section 248(5) of the Companies Act, 2013, and that the company now stands dissolved.
The move follows a public notice issued by the Ministry of Corporate Affairs in April 2026, stating that the Registrar of Companies proposed to strike off or remove the name of CIL Solar PV Ltd under Section 248(2) of the Companies Act, 2013.
Coal India had established CIL Solar PV Ltd as a special-purpose vehicle (SPV) to develop a planned 4 GW solar PV manufacturing facility in India, covering ingots, wafers, cells, and modules.
The proposed gigafactory formed part of Coal India’s broader diversification strategy as it seeks to expand beyond coal mining into integrated solar PV manufacturing. The company has been entering the renewable energy sector to support the decarbonization of its operations. It plans to install 3 GW of renewable energy capacity by 2027-28 and 9.5 GW by 2029-30 across India.
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: [email protected].
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: [email protected].
Comments
Please login to comment
The new issue of pv magazine Global is out now!
Available in print and digital – get your copy today!
Entries open in seven categories: Modules, Inverters, BoS, BESS, Manufacturing, Sustainability, Projects.
April 01 – August 31, 2026
A two-day conference in Austin, Texas, bringing together leaders in US solar manufacturing, equipment specification, and factory execution.
Tuesday, August 18, 2026
7:00 pm – 8:00 pm CEST, Berlin, Paris, Madrid
Tuesday, August 25, 2026
10:00 am – 11:00 am CEST, Berlin, Paris, Madrid
Saudi Arabia is accelerating its clean energy transition—join the SunRise Arabia Clean Energy Conference 2026 in Riyadh to explore how solar PV and energy storage are powering its digital economy.
Thursday, August 27, 2026
5:30 am – 6:30 am CEST, Berlin, Paris, Madrid
pv magazine USA hosts its third multi-day virtual event on advancing U.S. solar and energy storage markets, covering financing, supply chains, and distributed energy’s role in grid resilience.
Thursday, October 7, 2026
11:00 am – 12:30 pm CEST, Berlin, Paris, Madrid
You have no items in your basket.
