Coal India

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Coal India, DVC form JV to enter power generation
By March 30, 2026March 30, 2026

Coal India Limited (CIL), the state-owned Maharatna mining company, has incorporated a joint venture with Damodar Valley Corporation (DVC) to foray into the power generation business. The new entity, DVC CIL Power Private Limited, was incorporated on March 27, 2026, and has been allotted Corporate Identification Number (CIN) U35102WB2026PTC287644 by the Ministry of Corporate Affairs. The development was disclosed to BSE and NSE under Regulation 30 of SEBI’s Listing Obligations and Disclosure Requirements Regulations, 2015….

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India | Generation | News

Coal India opens e-auctions to foreign buyers; advances BCCL IPO filing
By January 5, 2026January 5, 2026

Coal India Limited (CIL) has begun 2026 with key policy, operational, and capital market developments, allowing direct foreign participation in coal sales, releasing provisional production and offtake data, and advancing the public offering process of Bharat Coking Coal Limited (BCCL). Coal India Limited (CIL) has approved direct participation of foreign coal buyers from Bangladesh, Bhutan, and Nepal in its Single Window Mode Agnostic (SWMA) e-auctions, effective 01 January 2026. Earlier, international buyers could access coal…

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Coal India and DVC form JV to build 1,600 MW Chandrapura thermal plant
By November 10, 2025November 10, 2025

Coal India Limited (CIL) and Damodar Valley Corporation (DVC) have signed a Joint Venture Agreement (JVA) to set up a 1,600 MW coal-based power plant at DVC’s existing Chandrapura Thermal Power Station (TPS) in Jharkhand. The agreement was signed on November 7, formalising a 50:50 partnership between the two public sector entities. The project involves installing two ultra-supercritical units of 800 MW each, with an estimated total cost of around Rs 21,000 crore. The new…

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Generation | India | News

Coal India signs MoU with Hindustan Copper to explore critical minerals
By July 7, 2025October 28, 2025

Coal India Limited (CIL) has signed a non-binding memorandum of understanding with Hindustan Copper Limited (HCL) to explore joint opportunities in copper and critical minerals. The move marks CIL’s growing push beyond coal, aligning with India’s National Critical Mineral Mission (NCMM). CIL is targeting minerals used in batteries, electric vehicles, and clean energy technologies. The company’s international strategy supports this shift. India joined the Minerals Security Partnership (MSP) in June 2023 to help public sector…

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APM Projects wins LoA for 10 MW solar project in Odisha
By May 13, 2025May 13, 2025

APM Projects Private Limited has received a Letter of Acceptance worth Rs 487.34 million to develop a 10 MW grid-connected solar power project in Lakhanpur, Odisha. The project will be located at Kirarama village in the Lakhanpur area of Mahanadi Coalfields Limited (MCL). Bids were invited in November 2024 by Central Mine Planning and Design Institute (CMPDI), a wholly owned subsidiary of Coal India Limited (CIL). Scope of work includes design, engineering, procurement, supply, construction,…

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Alpex-NVNR JV wins award for 70 MW solar project in Madhya Pradesh
By May 13, 2025May 13, 2025

The joint venture of Alpex Solar Private Limited and NVNR Power and Infra Private Limited has received a Letter of Award worth Rs 3,499.93 million. The project involves setting up a 70 MW solar power plant at Nandan Washery of Western Coalfields Limited (WCL) in the Kanhan area of Damua, Madhya Pradesh. The award was issued on May 9, 2025. Bids were invited in December 2024 by Central Mine Planning and Design Institute (CMPDI), a…

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CIL signs MoU with AM Green to develop 4,500 MW hybrid power projects
By May 11, 2025May 11, 2025

Coal India Limited (CIL) has signed a Memorandum of Understanding (MoU) with AM Green Ammonia (India) Private Limited to set up 4,500 MW of wind-solar hybrid power capacity in India. The agreement was signed on May 7, 2025. AM Green Ammonia is a wholly-owned subsidiary of AM Green Energy Private Limited. Under the partnership, CIL will develop approximately 2,500 MW to 3,000 MW of solar and 1,500 MW to 2,000 MW of wind projects. The…

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Coal India signs MoU with UPRVUNL for 500 MW solar projects in UP
By May 7, 2025May 7, 2025

Coal India Limited (CIL) signed a Memorandum of Understanding (MoU) with Uttar Pradesh Rajya Vidyut Utpadan Nigam Limited (UPRVUNL) on May 5, 2025, to set up 500 MW of solar power projects in Uttar Pradesh. The MoU also provides for future collaboration between CIL and UPRVUNL for additional clean energy opportunities in the state. CIL is targeting 3,000 MW of solar capacity by FY 2025–26. This target is planned to grow to 5,000 MW by…

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ACME Solar sees growth in Q3 FY 2024-25; JSW Energy and Coal India report declines
By January 30, 2025January 30, 2025

ACME Solar has reported strong financial growth for the third quarter of FY 2024-25, ending on December 31, 2024. The company’s profit after tax (PAT) surged by 152% year-on-year, reaching Rs 1.12 billion, with a PAT margin of 28%. Total revenue for the quarter stood at Rs 4.01 billion, reflecting a 9.9% year-on-year increase and a 35.8% quarter-on-quarter growth. Earnings before interest, tax, depreciation, and amortisation (EBITDA) grew by 15.7%, reaching Rs 3.59 billion, with…

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KPI Green secures Rs 13.11 billion solar project at Khavda Solar Park
By December 3, 2024December 3, 2024

KPI Green Energy Limited has won Coal India Limited’s auction to develop a 300 MW grid-connected ground-mounted solar project at Khavda Solar Park in Gujarat. The contract, valued at Rs 13.11 billion, includes the design, engineering, procurement, supply, installation, testing, and commissioning of the project. The scope also covers the transportation and transit insurance of PV modules designed for a 1,500V system voltage, along with comprehensive operation and maintenance for five years. The project is…

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