Coal India’s H1FY27 Capex Rises 27%
The expenditure represented more than 48 per cent of Coal India’s annual capital expenditure target of Rs. 165 bn. The company said its spending was focused on strengthening mining infrastructure, acquiring land, procuring heavy earth-moving machinery and advancing diversification projects.
Mine infrastructure development was the largest investment category during the period, attracting Rs. 21.52 bn. The spending covered railway sidings and corridors, coal handling plants, silos and weighbridges intended to improve coal evacuation and handling capacity.
Land acquisition accounted for Rs. 20.33 bn, while more than Rs. 10 bn was spent on mine development to support the expansion and operational readiness of mining projects. Capital expenditure on plant and machinery stood at Rs. 13.94 bn, including spending on heavy earth-moving machinery, washeries and other equipment. Of this amount, Rs. 4.52 bn was used to procure heavy earth-moving machinery.
Coal India, or CIL, also invested more than Rs. 7.39 bn in diversification projects covering solar energy, critical minerals, coal gasification and thermal power generation. Mine infrastructure, plant and machinery, land acquisition and diversification together accounted for more than 79 per cent of total capital expenditure in H1FY27. The company said these investments are expected to strengthen operational capabilities and support its production and supply targets for the financial year.