Coal India Capex Up 27% to ₹7,966 Cr in H1 FY'27
Coal India Limited (CIL) reported a significant 27% year-on-year growth in capital expenditure (capex) for the first half of FY 2026-27, reaching ₹7,966 crore compared to ₹6,283 crore in the same period last fiscal. This expenditure exceeded the planned outlay by 9%, achieving 109% of the target for H1 FY'27 and over 48% of the annual target of ₹16,500 crore. Key investment areas included mine infrastructure development (₹2,152 crore), land acquisition (₹2,033 crore), mine development (over ₹1,000 crore), and plant & machinery (₹1,394 crore). CIL also invested over ₹739 crore in diversification projects like solar energy, critical minerals, and coal gasification. These strategic investments aim to bolster mining infrastructure, enhance operational efficiency, and support production targets.
Key Highlights
- H1 FY'27 Capex grew 27% YoY to ₹7,966 crore.
- Achieved 109% of H1 planned outlay, exceeding target.
- Mine infrastructure and land acquisition were major investment areas.
- Diversification projects received over ₹739 crore investment.
- Capex supports operational efficiency and production targets.
Price Impact
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