Coal India outlines ₹69,346 crore coal-to-chemicals portfolio
The company's wider diversification plan also covers thermal power, renewables, storage, critical minerals and technology development.
Coal India says four coal-to-chemicals initiatives in its diversification portfolio carry an aggregate estimated project cost of about ₹69,346 crore. The company is also developing thermal power, renewable energy and storage, critical minerals, advanced materials and other mineral projects.
The portfolio includes around 550 MW of commissioned solar capacity, battery-storage initiatives and a proposed 2x800 MW ultra-supercritical expansion at Chandrapura. A 2026 research policy prioritises projects at technology-readiness level 4 and above.
Why it matters
The programme shows how India's largest coal producer is trying to combine fuel security, import substitution, industrial chemicals, power generation and lower-carbon technologies within one capital portfolio.
SCULTRA point of view
Diversification should be assessed project by project through capital discipline, commercial operation, import substitution, lifecycle emissions, water use, carbon-management performance, safety and risk-adjusted returns.
Limitations
The release combines commissioned assets, proposed investments, initiatives and research priorities at different stages. Estimated project cost is not realised expenditure, and coal-to-chemicals can remain carbon- and water-intensive without plant-specific controls and verified lifecycle data.
Source: Press Information Bureau / Ministry of Coal and Coal India Limited, 20 September 2026.