Coal India Limited (CIL) and U.P. Rajya Vidyut Utpadan Nigam Limited (UPRVUNL) have signed a joint venture agreement to develop renewable energy projects in Uttar Pradesh, according to a regulatory filing dated July five, 2026. The agreement was executed on July three, 2026, and the companies confirmed the formation of the joint venture while withholding details of planned capacity, investment and implementation timelines. The filing provided the formal notice but did not specify the scope or financing of the proposed projects.

The partnership is intended to support the development of renewable energy across Uttar Pradesh and to diversify the state's electricity generation mix by expanding clean energy capacity. The companies indicated that additional information on specific projects will be announced in due course, and stakeholders are awaiting further regulatory and operational disclosures. For now the joint venture will proceed without public details on site selection or commissioning schedules.

The joint venture forms part of Coal India Limited's broader strategy to strengthen its presence in the renewable energy sector alongside its traditional coal business. CIL recently received a Letter of Award from Bundelkhand Saur Urja Limited to establish a six hundred MW (two by three hundred MW) solar power project at the Jalaun Solar Power Park in the state. That award illustrates the company strategy to bid for utility scale solar capacity while transitioning parts of its portfolio.

Uttar Pradesh has continued to expand its renewable portfolio and had installed more than seven point one GW of renewable capacity as of the end of May 2026, including around five hundred MW of large hydropower. Solar remains the dominant source with nearly four point two GW of the state's installed capacity and no utility scale wind power commissioned to date. The formation of the joint venture is expected to contribute to the state's ongoing clean energy expansion and to support the delivery of additional solar projects. Market observers and state planners will monitor announcements on capacity and investment as the venture progresses.