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Coal India Signs MoU with UPRVUNL for 500 MW Solar Power Project in Uttar Pradesh
Coal India Ltd. has signed an MoU with UPRVUNL to set up a 500 MW solar power project in Uttar Pradesh, reinforcing its push toward renewable energy and supporting the state's growing power needs.
May 06, 2025. By Mrinmoy Dey
Coal India Ltd. (CIL) has announced that the company has signed an MoU with U.P. Rajya Vidyut Utpadan Nigam Ltd. (UPRVUNL) to set up a 500 MW solar power plant in Uttar Pradesh.
This is a part of the green and renewable energy Initiatives of CIL and is also expected to meet the growing energy demand and ensure energy security for the state of Uttar Pradesh, the company stated in a regulatory filing.
“Coal India Ltd. and U.P. Rajya Vidyut Utpadan Nigam Ltd. (UPRVUNL) have executed a nonbinding Memorandum of Understanding (MoU) on May 5, 2025, at Lucknow with the intent of setting up of 500 MW solar power project in Uttar Pradesh,” it said.
It further added that the MoU also includes provisions for any additional opportunities in which the parties mutually agree to collaborate in the foreseeable future.
Coal India is gradually ramping up its renewable energy capacity to diversify its energy sources and reduce its reliance on coal.
In February 2025, Coal India signed a non-binding Term Sheet with EDF India to form a joint venture for developing and operating Pumped Storage Projects (PSP) and other hydro projects.
Coal India is developing a 1,190 MW solar power plant in Bikaner, Rajasthan. For this, Coal India formed a JV with Rajasthan Rajya Vidyut Utpadan Nigam (RVUNL). The plant will be part of a 2,000 MW solar park in Poogal, Bikaner.
Overall, Coal India's renewable energy target is to add 5 GW of capacity by 2028.
This is a part of the green and renewable energy Initiatives of CIL and is also expected to meet the growing energy demand and ensure energy security for the state of Uttar Pradesh, the company stated in a regulatory filing.
“Coal India Ltd. and U.P. Rajya Vidyut Utpadan Nigam Ltd. (UPRVUNL) have executed a nonbinding Memorandum of Understanding (MoU) on May 5, 2025, at Lucknow with the intent of setting up of 500 MW solar power project in Uttar Pradesh,” it said.
It further added that the MoU also includes provisions for any additional opportunities in which the parties mutually agree to collaborate in the foreseeable future.
Coal India is gradually ramping up its renewable energy capacity to diversify its energy sources and reduce its reliance on coal.
In February 2025, Coal India signed a non-binding Term Sheet with EDF India to form a joint venture for developing and operating Pumped Storage Projects (PSP) and other hydro projects.
Coal India is developing a 1,190 MW solar power plant in Bikaner, Rajasthan. For this, Coal India formed a JV with Rajasthan Rajya Vidyut Utpadan Nigam (RVUNL). The plant will be part of a 2,000 MW solar park in Poogal, Bikaner.
Overall, Coal India's renewable energy target is to add 5 GW of capacity by 2028.
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