Coal India forms JV with UPRVUNL for renewable energy
after close1 source ↓written by the desknot a recommendation
- India holding
- 51% stake
Coal India has signed a joint venture (JV) with Uttar Pradesh Rajya Vidyut Utpadan Nigam Ltd. (UPRVUNL) to develop renewable energy projects in Uttar Pradesh. The JV will focus on solar, wind, and pumped storage projects, with Coal India holding a 51% stake. This move aligns with the company's clean energy diversification strategy.
Not investment advice. For informational purposes only.