On Wednesday, Coal India Ltd (CIL) said that its capital expenditure grew 33 per cent to Rs 7,027 crore in April-September FY23 as compared to the year-ago period.
The solar plant will be set up in a 2,000-MW solar park being developed by RVUNL in Poogal, Bikaner.
In the last five years, the coal-based power generation has grown at a CAGR of 1.82 per cent whereas the domestic coal supply to power sector had grown at a CAGR of 3.26 per cent.
The ministry has also asked all imported coal-based power units to run at full capacity and said that the upward revision of tariff will be issued by a committee.
Stating that the company's board had given only "in principle" approval to the proposal, CIL said that only after getting further clearance from the government, subsequent action would be initiated.
In 2020-21, coal production stood at 595.2 million tonnes (MT).
The ministry on Saturday said it will not be possible to supply coal other than on proportionate basis to make up any shortfall.