CIL targets Rs 1,900 Cr R&D investment by FY 2030
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
CIL plans to invest around Rs 1,900 crore in R&D by FY 2030, up sharply from Rs 245 crore spent in FY25 (a 4x jump from Rs 61 crore in FY24). New R&D hub NaCCER drives shift from proof-of-concept to prototype development. Three Centres of Excellence set up at IITs Hyderabad, Madras, and Dhanbad, with Rs 253 crore committed. 19 R&D projects worth Rs 225 crore are underway. Focus areas: clean coal, carbon capture, rare earth elements, 5G in mining, and underground coal gasification. International tie-ups with Ergo Exergy Canada, Ericsson Sweden, and CSIRO Australia.
Shows CIL's strategic pivot towards innovation and clean energy tech. May support long-term growth but R&D spend remains a small share of overall capex.