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State-owned shaper Coal India informed connected Monday (February 16, 2026) that it incurred ₹961 crore successful superior expenditure until January successful the ongoing fiscal twelvemonth to augment its star powerfulness capacity. This implied the Kolkata-headquartered miner’s superior expenditure connected augmenting star capableness much than doubled from ₹412 crore successful the comparable play past year.
“This is 132% people restitution against the progressive people of ₹729 crore till January 2026. In the process, [Coal India] has besides surpassed the FY 2026 superior expenditure target, nether star projects, which was pegged astatine ₹957 crores,” it observed.
A elder enforcement of the Kolkata-headquartered miner and shaper holds star powerfulness lists precocious among the priorities of its diversification portfolio. “Among the cleaner vigor sources, star volition play a pivotal relation successful future, and we are laying the groundwork to stay applicable successful the country’s vigor sector. We are actively participating successful star auctions, arsenic well,” they stated.
Coal India aspires to instal 3 GW worthy of renewable capableness by FY 2028.
Until December past year, the entity, on with its subsidiaries person instituted renewable vigor capableness installation of astir 247 MW. It expects to standard it up to 675 MW by the extremity of the existent fiscal year.
Coal India is besides scouting to instal 2 GW worthy of renewable capableness successful the near-term done its subsidiaries and associated ventures.
Further, it is besides participating successful Tariff-Based Competitive Bidding (TBCB) tenders for star powerfulness improvement crossed aggregate states.
“Battery Energy Storage System (BESS) is besides connected the company’s radar,” the institution stated.
