Lucknow, May 6 -- Coal India Limited (CIL), the state-owned mining corporation, has formalised a Memorandum of Understanding (MoU) with UP Rajya Vidyut Utpadan Nigam Limited (UPRVUNL) to establish a 500 MW solar power project in Uttar Pradesh.

The agreement, signed on May 5, 2025, in Lucknow, represents CIL's ongoing expansion into renewable energy initiatives and aims to address Uttar Pradesh's increasing energy requirements.

According to a regulatory filing with the Bombay Stock Exchange (BSE), the non-binding agreement includes provisions for potential future collaborations on additional projects as mutually determined by both parties.

This solar initiative follows CIL's recent agreement with Damodar Valley Corporation (DVC) in Apri...