Coal India forms joint venture with French subsidiary company for renewable energy projects

The joint venture will undertake PSP projects along with other renewable energy projects in India and neighbouring countries, Coal India said in a stock exchange filing.

ANI

Updated At : 05:22 PM Feb 23, 2025 IST

New Delhi [India], February 23 (ANI): Coal India Limited signed an agreement with EDF India Private Limited to form a joint venture.

The joint venture will undertake PSP projects along with other renewable energy projects in India and neighbouring countries, Coal India said in a stock exchange filing.

EDF India Private Limited is a wholly-owned subsidiary of Electricite de France SA (EDF). Electricite de France SA is an energy solutions providing company.

The two firms - Coal India and EDF India -- have executed the Non-Binding Shareholders Agreement (SHA) term sheet on Sunday, the Indian PSU company informed stock exchanges in the filing. (ANI)

(The story has come from a syndicated feed and has not been edited by the Tribune Staff.)

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