30-July-2026
Corporate News
 
Coal India Q1 capex up 16.6% to Rs 3,399 crore on land, evacuation spending
29-Jul-2026

State-owned Coal India Ltd‘s capital expenditure rose 16.64% year-on-year to Rs 3,399 crore in the first quarter of FY27, exceeding its quarterly target as the state-owned miner stepped up spending on land acquisition, mining equipment and coal evacuation infrastructure. The April-June outlay was higher than Rs 2,914 crore in the year-ago period and represented 101.5% of the Rs 3,349-crore quarterly target. It accounted for 20.6% of the company’s Rs 16,500-crore capex plan for the current fiscal.

News Source:- https://www.financialexpress.com/business/industry-coal-india-q1-capex-up-16-6-to-3399-crore-on-land-evacuation-spending-4304809/