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Coal India Partners with EDF for Renewable Energy Projects

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Coal India Partners with EDF for Renewable Energy Projects

The latest update is out from Coal India Ltd. ( (IN:COALINDIA) ).

Coal India Limited has entered into a Non-Binding Shareholders Agreement Term Sheet with EDF India Private Limited, a subsidiary of Électricité de France, to establish a joint venture. This partnership aims to develop pumped storage plant (PSP) projects and other renewable energy initiatives across India and its neighboring regions, reflecting Coal India’s strategic pivot towards renewable energy.

More about Coal India Ltd.

Coal India Limited is a Maharatna company operating in the coal industry. It is primarily involved in coal mining and production, serving as a major supplier to power and energy sectors in India.

YTD Price Performance: -2.88%

Average Trading Volume: 307,181

Current Market Cap: 2279.6B INR

See more data about COALINDIA stock on TipRanks’ Stock Analysis page.

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