+
Coal India Q1 Capex Rises 16.64 Per Cent To Rs 3,399 Crore
ECONOMY & POLICY

Coal India Q1 Capex Rises 16.64 Per Cent To Rs 3,399 Crore

Coal India Ltd (CIL) reported that capital expenditure rose 16.64 per cent year on year in the first quarter of fiscal 2027 to Rs 3,399 crore, equivalent to Rs 33,990 million (mn) or Rs 33.99 bn. The April-June outlay exceeded the quarterly target at 101.5 per cent of the Rs 3,349 crore goal and represented 20.6 per cent of the company's Rs 16,500 crore capex plan for the year.

More than three quarters of the spending was concentrated on land acquisition, evacuation infrastructure and plant and machinery, reflecting the company's focus on enabling production and supply targets. Land acquisition and rehabilitation and resettlement emerged as the largest head at Rs 804 crore, or Rs 8,040 mn, about one quarter of the quarter's capex, while CIL has earmarked Rs 4,173 crore, or Rs 41,730 mn, for land activities in fiscal 2027.

Evacuation infrastructure received Rs 949 crore, or Rs 9,490 mn, with Rs 754 crore allocated to railway sidings and corridors and Rs 195 crore for coal-handling plants, silos, weighbridges and roads. Capital expenditure on plant and machinery was Rs 819 crore, or Rs 8,190 mn, covering heavy earth-moving machinery and washery expansion. The company said timely land acquisition remained critical for project commencements and expansions irrespective of reserve availability.

CIL also directed Rs 278 crore, or Rs 2,780 mn, to solar projects and invested Rs 207 crore, or Rs 2,070 mn, in joint ventures as it expanded into renewable energy and allied businesses. The miner's full year capex in fiscal 2026 stood at Rs 19,607 crore, or Rs 196,070 mn, surpassing its annual target of Rs 16,000 crore, or Rs 160,000 mn, indicating an elevated investment trajectory for capacity and supply resilience.

Coal India Ltd (CIL) reported that capital expenditure rose 16.64 per cent year on year in the first quarter of fiscal 2027 to Rs 3,399 crore, equivalent to Rs 33,990 million (mn) or Rs 33.99 bn. The April-June outlay exceeded the quarterly target at 101.5 per cent of the Rs 3,349 crore goal and represented 20.6 per cent of the company's Rs 16,500 crore capex plan for the year. More than three quarters of the spending was concentrated on land acquisition, evacuation infrastructure and plant and machinery, reflecting the company's focus on enabling production and supply targets. Land acquisition and rehabilitation and resettlement emerged as the largest head at Rs 804 crore, or Rs 8,040 mn, about one quarter of the quarter's capex, while CIL has earmarked Rs 4,173 crore, or Rs 41,730 mn, for land activities in fiscal 2027. Evacuation infrastructure received Rs 949 crore, or Rs 9,490 mn, with Rs 754 crore allocated to railway sidings and corridors and Rs 195 crore for coal-handling plants, silos, weighbridges and roads. Capital expenditure on plant and machinery was Rs 819 crore, or Rs 8,190 mn, covering heavy earth-moving machinery and washery expansion. The company said timely land acquisition remained critical for project commencements and expansions irrespective of reserve availability. CIL also directed Rs 278 crore, or Rs 2,780 mn, to solar projects and invested Rs 207 crore, or Rs 2,070 mn, in joint ventures as it expanded into renewable energy and allied businesses. The miner's full year capex in fiscal 2026 stood at Rs 19,607 crore, or Rs 196,070 mn, surpassing its annual target of Rs 16,000 crore, or Rs 160,000 mn, indicating an elevated investment trajectory for capacity and supply resilience.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

Emiza Expands Bhiwandi Fulfilment Capacity by 2.32 Lakh Sq Ft

Emiza, a leading third-party logistics (3PL) provider, has expanded its Mumbai operations with the launch of two new fulfilment facilities in Bhiwandi, adding a combined capacity of 2.32 lakh sq ft to its network.The new facilities, spread across 75,000 sq ft and 1,57,000 sq ft, mark Emiza’s fifth and sixth warehouses in the Mumbai region. The expansion strengthens the company’s fulfilment infrastructure in Western India amid the rapid growth of India’s digital commerce ecosystem.With increasing online consumption, wider product categories and rising customer expectations for faster deli..

Next Story
Infrastructure Urban

Ingersoll Rand Showcases Air Solutions for Semiconductor Sector

Ingersoll Rand will showcase its advanced compressed air solutions for India’s growing semiconductor ecosystem at SEMICON India 2026, scheduled from September 17–19 at Yashobhoomi, New Delhi.The company will display its portfolio of oil-free compressors, centrifugal compression technologies and advanced air treatment systems at Stall No. 1156, Hall No. 1. The solutions are designed to address the stringent air quality, reliability and efficiency requirements of semiconductor manufacturing applications.With India accelerating investments across semiconductor manufacturing, packaging, equipm..

Next Story
Infrastructure Energy

RECPDCL Transfers Musalgaon Transmission SPV to MSETCL

REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, has handed over Musalgaon Power Transmission Limited, a project-specific Special Purpose Vehicle (SPV), to Maharashtra State Electricity Transmission Company Limited (MSETCL).MSETCL emerged as the successful bidder through the Tariff-Based Competitive Bidding (TBCB) process conducted by RECPDCL, the Bid Process Coordinator, for developing Maharashtra’s intra-state transmission project on a Build, Own, Operate and Transfer (BOOT) basis.The SPV was handed over by Shri Ratnesh Kumar, General Manag..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code