B Sairam, CMD, Coal India
State-run coal main Coal India, which goals to develop into a 5 GW solar energy firm by 2030, presently has round 524 MW of solar projects under execution as half of its diversification drive.
On the solar entrance, CIL’s put in capability elevated to round 357 MW by FY26-end, which features a 100 MW solar mission in Gujarat’s Patan.
“We aspire to develop into a 5 GW solar energy firm by 2030,” Coal India Chairman and Managing Director B Sairam advised businessline.
Altering dynamics
By moving into non-coal sectors equivalent to solar and demanding minerals, the world’s largest coal miner has commenced its future preparedness. The corporate is steadily adapting to the altering power dynamics in India.
“Amongst main solar projects actively under radar are a 300 MW mission in Khavda in Gujarat and a JV in Uttar Pradesh for 500 MW. We’ve additionally emerged because the profitable bidder for a 600 MW solar mission in UP’s Jalaun,” Sairam stated.
Coal India can be actively taking part on a pan-India foundation in renewable power (RE) tenders under tariff-based aggressive bidding routes to safe extra capacities and develop its RE portfolio. The corporate was awarded a 187.5 MW / 750 MWh Battery Vitality Storage System (BESS) mission at Choutuppal, Telangana, and 80 MW / 320 MWh BESS mission in Odisha.
4 blocks
Within the essential minerals area, CIL has to this point secured 4 blocks — two essential minerals and two uncommon earth parts.
“Probably the most superior mission is the Oranga-Revatipur block in Chhattisgarh of graphite and vanadium. Due diligence has already been accomplished, and the LOA (letter of intent) has been issued. We count on mining exercise to begin inside three to 4 years,” the Chairman stated, including that it’s going to successfully be Coal India’s first mining exercise outdoors coal and that too in essential minerals.
The coal miner is organising a subsidiary in Singapore, which is anticipated to come back up by this fiscal-end. “It should focus primarily on collaborations in Australia, together with coking coal, copper, essential minerals and uncommon earth alternatives. It should deal with the total worth chain together with mining, processing, beneficiation, logistics, market identification, partnerships, licensing and regulatory elements,” Sairam added.
With energy utility Damodar Valley Company (DVC), CIL is creating a 1,600 MW ultra-supercritical brownfield thermal energy mission at Jharkhand’s Chandrapura at an estimated funding of round ₹20,000 crore, in a 50:50 joint-venture mode. The anticipated post-equity IRR (inner fee of return) is round 15.5 per cent, and commissioning is presently focused round FY31.
Printed on Might 28, 2026
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