New Delhi: Coal India Limited (CIL) reported a 27 percent year-on-year increase in capital expenditure (capex) to Rs 7,966 crore during the first half of FY 2026-27, exceeding its April-September target by 9 percent, according to a company statement.
Follow The PSUWatch Channel on Whatsapp
The state-owned coal miner had spent Rs 6,283 crore during the corresponding period of FY 2025-26. The H1 FY27 expenditure was 109 percent of the planned outlay of Rs 7,286 crore and accounted for more than 48 percent of its annual capex target of Rs 16,500 crore.
Mine infrastructure development was the largest component of expenditure, attracting Rs 2,152 crore during the six-month period. The investment covered railway sidings and corridors, coal handling plants, silos and weighbridges to strengthen coal evacuation and handling infrastructure.
Land acquisition accounted for another Rs 2,033 crore, while expenditure on mine development exceeded Rs 1,000 crore to support the expansion and operational readiness of mining projects.
Capital expenditure on plant and machinery stood at Rs 1,394 crore, covering heavy earth-moving machinery (HEMM), washeries and other equipment. Of this, Rs 452 crore was spent on procuring HEMM to strengthen mining operations and improve operational efficiency.
CIL also invested more than Rs 739 crore in diversification projects spanning solar energy, critical minerals, coal gasification and thermal power generation as part of its efforts to expand beyond its core mining operations.
Follow PSU Watch on LinkedIN
Mine infrastructure, plant and machinery, land acquisition and diversification together accounted for more than 79 percent of the company's total capex during H1 FY27.
The investment programme is aimed at strengthening mining infrastructure and operational capabilities while supporting CIL's production and coal supply targets for the current financial year.
(PSU Watch is India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy. 👉 Click to join our channel now: PSUWatch WhatsApp Channel. Prefer LinkedIn? Follow PSU Watch on LinkedIN. Click to stay connected on Twitter here and stay updated.)