Coal India capex on solar increases to Rs 961 cr ending January FY 2026
India, Feb. 16 -- Reflecting Coal India's (CIL) focus on scaling up solar power capacity addition, as an alternative green energy source, the company's capital expenditure on solar initiatives shot up to Rs.961 crore ending January FY 2026.This is 132% target satisfaction against the progressive target of Rs. 729 crore till January 2026. In the process, it had also surpassed FY 2026, capex target, under solar projects, which was pegged at Rs.957 crore.On a year-on-year comparison, the capex on solar till January 2026 surged ahead by more than double to 2.33 times against Rs.412 crore.Currently, the cost of setting up 1 MW of solar capacity hovers around Rs. 4 crore to Rs. 4.5 crore, which is a slide down from earlier Rs. 5.5 crore to Rs. 6 ...
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