New Delhi, Feb 23: Coal India Limited (CIL) has 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, CIL said in a stock exchange filing. 

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. 

Coal India and EDF India have executed the Non-Binding Shareholders Agreement (SHA) term sheet on Sunday.