Coal India signs ₹12,800 crore JV for thermal power expansion
after close1 source ↓written by the desknot a recommendation
- to build
- 51:49 joint venture
- supercritical thermal power
- 1,600 MW
- an investment
- ₹12,800 crore
Coal India and UPRVUNL have formed a 51:49 joint venture to build a 1,600 MW supercritical thermal power plant in Anpara, Uttar Pradesh, with an investment of ₹12,800 crore. This initiative is part of CIL's strategy to diversify into power generation, enhancing India's energy security.
- Project Capacity: 1,600 MW (2x800 MW)
- Equity Structure: 51% Coal India, 49% UPRVUNL
- Technology: Supercritical Thermal Power
This venture may strengthen market confidence in CIL's evolving business model.
Not investment advice. For informational purposes only.