New Delhi, May 9 -- As Coal India Ltd diversifies its operations amid the energy transition race, the state-run coal mining major has signed a memorandum of understanding (MoU) to supply 4,500MW of renewable power to Greenko founders-backed AM Green's green ammonia facilities.

It is one of the largest renewable energy contracts in the world, said AM Green in a statement on Friday, adding that a formal non-binding MoU, for long-term supply and sourcing of solar and wind energy, was inked on 7 May between the two entities.

CIL will invest around Rs.25,000 crore to set up capacities to fulfil the contract. "While the solar power capacity would be to the tune of 2,500MW to 3,000MW, wind is expected to account between 1,500MW and 2,000 MW at...