*Stock:* Coal India *Update Type:* General Coal India established CIL Rajasthan Akshay Urja Limited as a subsidiary for renewable energy projects in Rajasthan with an initial paid-up capital of ₹10 lakhs, where Coal India holds 74% stake. Approvals for this joint venture between Coal India and Rajasthan Rajya Vidyut Utpadan Nigam Limited (RRVUNL) have been secured.