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CIL Forms JV with RRVUNL for Renewable Energy Projects

Coal India (CIL) has entered into a joint venture (JV) with Rajasthan Rajya Vidyut Utpadan Nigam (RRVUNL) to undertake renewable energy projects in Rajasthan.

 

While Coal India will have a 74 percent shareholding in the joint venture, RRVUNL will have remaining 26 percent.

 

The joint venture company will be incorporated as a private limited company with an initial paid-up share capital of Rs 10,00,000.

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