Coal India forms ₹12,800 crore JV for thermal power expansion
pre-market1 source ↓written by the desknot a recommendation
- joint venture
- ₹12,800 crore
- supercritical thermal power
- 1,600 MW
- 51:49 equity structure
Coal India and UPRVUNL have signed a ₹12,800 crore joint venture to develop a 1,600 MW supercritical thermal power plant in Anpara, Uttar Pradesh. This project, with a 51:49 equity structure, aims to enhance India's energy security by increasing baseload capacity in the northern region. ⚡
- Project Capacity: 1,600 MW (2x800 MW)
- Technology: Supercritical Thermal Power
- Equity Structure: 51% Coal India, 49% UPRVUNL
This strategic move marks a significant shift for Coal India towards integrated energy solutions.
Not investment advice. For informational purposes only.