Mumbai, June 13 -- The subsidiary is established in a joint venture with Rajasthan Rajya Vidyut Utpadan Nigam (RRVUNL), the state-owned power company of Rajasthan.

Coal India holds a 74% stake in the joint venture, with RRVUNL holding the remaining 26%. The subsidiary, incorporated on 12 June 2025, aims to develop, construct, and operate solar, wind, and pump storage projects in the state. It will primarily sell the generated power to RRVUNL.

In its filing, Coal India confirmed that it had received the Certificate of Incorporation from the Ministry of Corporate Affairs for the new entity. The subsidiary's authorized share capital is Rs 10 crore, with a total of 1 lakh equity shares issued at Rs 10 per share. Coal India has been allotted...