Coal India Share Price in Focus as it Targets ₹1,900 Crore R&D Investment by FY2030

Coal India Limited (CIL) is intensifying its R&D efforts with a planned investment of ₹1,900 crore by FY2030. This initiative aims to advance technology development and strengthen industry-academia collaboration. 

Coal India’s Investment in R&D Initiatives 

In FY2024-25, CIL's R&D expenditure increased to ₹245 crore from ₹61 crore in FY2023-24. The company has established the National Centre for Coal and Energy Research (NaCCER) to focus on prototype development at Technology Readiness Level 4 and above.  

CIL's R&D policy mandates an annual expenditure averaging 1% of the Profit Before Tax of the preceding 3 years. 

Collaboration with Premier IITs 

CIL has partnered with premier IITs to establish 3 Centres of Excellence (CoE) under NaCCER. These include the Centre of Clean Coal Energy and Net Zero (CLEANZ) in Hyderabad, the Centre for Sustainable Energy (CSE) in Madras, and Innovation in Mining (IMiN) at IIT (ISM) Dhanbad. CIL has committed ₹253 crore to these CoEs, releasing funds in phases. 

Research Projects and Strategic Areas 

Currently, 19 R&D projects with a total outlay of ₹225 crore are being executed by scientific institutions under NaCCER's oversight.  

Additionally, 13 projects focusing on pilot-scale research and prototype development are underway in CoEs.  

CLEANZ is engaged in advanced research on clean coal energy and net-zero technologies, while CSE focuses on sustainable materials and environmental remediation. IMiN is dedicated to capacity building through research fellowships. 

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CIL’s International Collaborations 

CIL has forged international collaborations with Ergo Exergy, Canada, for the Underground Coal Gasification Project at ECL; Ericsson, Sweden, for 5G technology implementation in the Jhanjra underground mine; and CSIRO, Australia, for collaborative research. 

Coal India Share Price Performance 

As of June 30, 2026, at 2:45 PM, Coal India share price on NSE was trading at ₹439.75, down by 1.15% from the previous closing price. 

Conclusion 

Coal India plans to invest ₹1,900 crore in R&D by FY2030, with a focus on technology development and industry-academia collaboration. The company has increased its R&D expenditure to ₹245 crore in FY2024-25 and established NaCCER to oversee 19 projects with a total outlay of ₹225 crore. 

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