Signing of JV agreement between Coal India Limited (CIL) and U.P. Rajya Vidyut Utpadan Nigam Limited (UPRVUNL)
As filed · Signing of JV agreement between Coal India Limited (CIL) and U.P. Rajya Vidyut Utpadan Nigam Limited (UPRVUNL).
What happened
FactSigning of JV agreement between Coal India Limited (CIL) and U.P. Towers, Dalal Street,. Reference the captioned subject, kindly note that a JV agreement has been signed between.
Why it matters
CapitSignal interpretationA joint venture commits capital and management time to an asset the company only part-owns.
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Capex
RevisedInvestments in the company's joint ventures (JVs) amounted to ₹207 crore, reinforcing its commitment to expanding its presence in renewable energy and allied businesses.
As part of its ongoing diversification into clean energy, Coal India incurred a capital expenditure of ₹278 crore on its solar projects during the quarter.
Change
FactImplication
CapitSignal interpretationCapex
RevisedAs part of its ongoing diversification into clean energy, Coal India incurred a capital expenditure of ₹278 crore on its solar projects during the quarter.
Coal India had achieved a capital expenditure of ₹19,607 crore during FY 25–26, surpassing its annual target of ₹16,000 crore.
Change
FactImplication
CapitSignal interpretationCapex
DelayedCoal India had achieved a capital expenditure of ₹19,607 crore during FY 25–26, surpassing its annual target of ₹16,000 crore.
CIL recorded a capital expenditure (capex) of ₹3,399 crore during the first quarter (Q1) of FY 26–27, registering a growth of 16.64% over the ₹2,914 crore incurred during the corresponding period of the previous financial year.
Change
FactImplication
CapitSignal interpretationWatch next
Fact- Capital commitment and ownership split
- Whether it is consolidated or equity-accounted
- Reflecting on its strategic importance, land acquisition and related activities have been allocated the highes (management committed by FY27)
- It is anticipated that the project will be financially self-sustainable beyond the initial five year funding r (management committed by FY30)
Evidence
- Signing of JV agreement between Coal India Limited (CIL) and U.P. Rajya Vidyut Utpadan Nigam Limited (UPRVUNL).(opens the original filing in a new tab)
- Earlier statement · Q1 FY26
- Latest statement · Q1 FY26
- Earlier statement · Q1 FY26
- Latest statement · Q1 FY26
- Earlier statement · Q1 FY26
- Latest statement · Q1 FY26
How CapitSignal classified this
- Reasoning:
- JOINT_VENTURE base 54; +5 quantified amount; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%