Coal India inks MoU for 500 MW solar project

Coal India Limited (CIL) announced on May 5, 2025, that it has executed a non-binding Memorandum of Understanding (MoU) with U.P. Rajya Vidyut Utpadan Nigam Limited (UPRVUNL). The MoU, finalized in Lucknow, outlines the intent to develop a 500 MW Solar Power project within Uttar Pradesh. This initiative aligns with CIL's commitment to Green and Renewable Energy Initiatives and aims to bolster the state's energy security by meeting growing energy demands. The agreement also encompasses provisions for future collaborative opportunities between the two entities. Coal India's stock is listed on the Bombay Stock Exchange under the scrip code 533278.