Coal India capex rose 27% to ₹7,966 crore in the first half of fiscal 2027, exceeding its target for the period as the state-run company invested in mining infrastructure, land and equipment.

Coal India capex exceeds half-year target

The company spent ₹6,283 crore in the corresponding period of the previous financial year. In a stock exchange filing on October 27, 2026, Coal India said its latest first-half spending reached 109% of its ₹7,286 crore target for the period.

The outlay represented more than 48% of its ₹16,500 crore annual capital expenditure target.

Mining infrastructure leads investment

Mine infrastructure was the largest spending area at ₹2,152 crore, including railway sidings and corridors, coal handling plants, silos and weighbridges. Land acquisition accounted for ₹2,033 crore, while more than ₹1,000 crore went toward mine development.

Plant and machinery spending totaled ₹1,394 crore, including ₹452 crore for heavy earth-moving machinery. Coal India also invested more than ₹739 crore in diversification projects spanning solar energy, critical minerals, coal gasification and thermal power generation.

The company said it expects the investments to strengthen its operational capabilities and support its production and supply targets for the financial year.

Read More News

More FinanceVelix news

Disclaimer

This FinanceVelix article provides general information, not personalized financial, investment, legal, or tax advice. Market prices, interest rates and economic conditions can change; investments carry a risk of loss. Facts reflect the material available when published and may change. Check important information independently and consult a qualified professional when needed. Mentioning an asset, company, or service is not an endorsement.