Coal India Secures LoA for 600 MW Solar Projects at Uttar Pradesh’s Jalaun Solar Park

Coal India Limited (CIL) has received a Letter of Award (LoA) from Bundelkhand Saur Urja Limited (BSUL) for the development of two utility-scale solar power projects with a combined capacity of 600 MW at the Jalaun Solar Park in Uttar Pradesh. The projects, comprising two 300 MW solar plants, have been awarded at a tariff of INR 2.73 per kWh.

The total investment for the project is estimated at approximately INR 2,831.11 crore. According to the company, the solar plants are expected to be commissioned within 18 months from the signing of the Power Purchase Agreement (PPA). Prior to execution, Coal India will complete the required documentation and agreements, including the Implementation Support Agreement (ISA) and Land Rights Usage Agreement (LRUA), along with the necessary solar park development formalities.

The latest award further strengthens Coal India’s diversification into renewable energy as the company accelerates its clean energy expansion strategy. CIL has set a target of achieving 3 GW of renewable energy capacity by FY2028, with plans to scale this up to 9.5 GW by FY2030.

Beyond solar, the company has also been expanding its footprint in the battery energy storage segment. Recently, Coal India secured multiple Battery Energy Storage System (BESS) projects in Odisha and Telangana, reinforcing its broader strategy of building a diversified renewable energy portfolio alongside its conventional energy business.