CIL and UPRVUNL form joint venture for renewable energy
pre-market1 source ↓written by the desknot a recommendation
- to develop renewable
- 3 July 2026
- and UPRVUNL
- 51% stake
- and UPRVUNL
- 49%
- is set
- ₹10 lakh
Coal India Limited and Uttar Pradesh Rajya Vidyut Utpadan Nigam Limited signed a joint venture agreement on 3 July 2026 to develop renewable energy projects in Uttar Pradesh. The venture will focus on solar, wind, and pumped storage systems with Coal India holding a 51% stake and UPRVUNL 49%. Initial capital is set at ₹10 lakh.
Not investment advice. For informational purposes only.