StockWatch
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Coal
Investment30 Jun 2026, 01:24 pm

Coal India to invest ₹1,900 Cr in R&D by FY2030

AI Summary

Coal India Limited (CIL) is significantly enhancing its Research & Development (R&D) focus, planning to invest approximately ₹1,900 Crores by FY2030. This strategic shift aims to drive future growth and technological transformation, moving from proof-of-concept to prototype development. CIL has established the National Centre for Coal and Energy Research (NaCCER) and three Centres of Excellence (CoE) at premier IITs to foster innovation and collaboration. R&D expenditure saw a four-fold increase in FY 2024-25, reaching ₹245 Crores. The company is also pursuing international collaborations to advance its R&D initiatives in areas like clean coal energy, net-zero technologies, and mining solutions.

Key Highlights

  • CIL targets ₹1,900 Cr R&D investment by FY2030.
  • R&D expenditure surged to ₹245 Cr in FY2024-25.
  • Established NaCCER and three IIT-based Centres of Excellence.
  • Focus shifted to prototype development and TRL-4 and above.
  • International collaborations are being forged for advanced research.