CIL sharpens R&D focus, targets Rs 1,900 Cr investment by FY2030
New Delhi, June 30 -- Coal India Limited is ramping up its research and development push to align with the changing energy landscape, with plans to invest about Rs 1,900 crore in R&D activities by FY2030., the company said in a press release.
The state-run miner's R&D transformation gained pace in FY2024-25 with the launch of the National Centre for Coal and Energy Research (NaCCER). Since its establishment as a hub-and-spoke R&D centre, CIL has moved from proof-of-concept studies to prototype development at Technology Readiness Level-4 and above.
"We intend to shift R&D to a higher orbit to drive the company's future growth and technological transformation," a senior CIL official said.
R&D spending has jumped sharply.
CIL's expenditu...
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