New Delhi [India], February 23 (ANI): Coal India Limited signed an agreement with EDF India Private Limited to form a joint venture.

The joint venture will undertake PSP projects along with other renewable energy projects in India and neighbouring countries, Coal India said in a stock exchange filing.

Also Read | 'Those With Slave Mentality Mock India's Religious Beliefs With Foreign Backing': PM Narendra Modi Slams Section of Leaders Over Their Critical Remarks on Maha Kumbh Mela.

EDF India Private Limited is a wholly-owned subsidiary of Electricite de France SA (EDF). Electricite de France SA is an energy solutions providing company.

The two firms - Coal India and EDF India -- have executed the Non-Binding Shareholders Agreement (SHA) term sheet on Sunday, the Indian PSU company informed stock exchanges in the filing. (ANI)

Also Read | ‘Torso Crushed, Legs Dangling’: 6-Year-Old Trapped in Hyderabad Lift Dies Due to Organ Failure.

(This is an unedited and auto-generated story from Syndicated News feed, LatestLY Staff may not have modified or edited the content body)