Coal India capex rose 27% to ₹7,966 crore in the first half of the 2026-27 financial year, exceeding the state-owned producer’s spending target for the period.
Key Takeaways
- First-half spending exceeded the ₹7,286 crore target and represented more than 48% of the annual target.
- Mine infrastructure was the largest investment area, followed by land acquisition.
- The company also invested in machinery and diversification projects, including solar energy and coal gasification.
Coal India capex exceeds first-half plan
Capital expenditure increased from ₹6,283 crore in the first half of the previous financial year, Coal India said on October 27, 2026. The latest spending amounted to 109% of the company’s first-half plan.
The annual capex target is ₹16,500 crore. The first-half figure is completed spending, while the annual figure remains a target.
| Item | Details |
|---|---|
| Mine infrastructure | ₹2,152 crore |
| Land acquisition | ₹2,033 crore |
| Plant and machinery | ₹1,394 crore, including ₹452 crore for heavy earth-moving machinery |
| Mine development | More than ₹1,000 crore |
| Diversification projects | More than ₹739 crore |
Mine infrastructure leads spending
Coal India spent ₹2,152 crore on mine infrastructure, including railway sidings and corridors, coal handling plants, silos and weighbridges. It spent another ₹2,033 crore on land acquisition and more than ₹1,000 crore on mine development.
Plant and machinery expenditure totalled ₹1,394 crore, including ₹452 crore for heavy earth-moving machinery. More than ₹739 crore went to diversification projects spanning solar energy, critical minerals, coal gasification and thermal power generation.
The company said the investments are expected to strengthen its operations and support its production and supply targets. Coal India accounts for more than 80% of domestic coal output.
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