As filed · Memorandum of Understanding/Agreements
Memorandum of Understanding/Agreements. Premises no-04-MAR, Plot no-AF-III, Action. Limited, Mineral Resources Development, Govt. of Madhya Pradesh.
A joint venture commits capital and management time to an asset the company only part-owns.
Prior statements by this company that CapitSignal has recorded changing.
Coal India’s Capex Rises 16.64% in Q1 FY’27, Surpasses Quarterly Target
The company also surpassed its quarterly capex target of ₹3,349 crore, achieving 101.5% of the planned expenditure.
As part of its ongoing diversification into clean energy, Coal India incurred a capital expenditure of ₹278 crore on its solar projects during the quarter.
Coal India had achieved a capital expenditure of ₹19,607 crore during FY 25–26, surpassing its annual target of ₹16,000 crore.
Investments in the company's joint ventures (JVs) amounted to ₹207 crore, reinforcing its commitment to expanding its presence in renewable energy and allied businesses.
As part of its ongoing diversification into clean energy, Coal India incurred a capital expenditure of ₹278 crore on its solar projects during the quarter.
