Coal India bets $201 million on RD
Coal India plans to invest 19 billion rupees ($200.7 million) in research and development by fiscal year 2030, the state-run miner said on Tuesday. Here
Coal India plans to invest 19 billion rupees ($200.7 million) in research and development by fiscal year 2030, the state-run miner said on Tuesday. Here are some details: The miner is researching clean coal, net-zero technologies, sustainable materials, mine re-purposing, and recovery of rare earth and critical minerals through partnerships with scientific institutions.
Coal India has committed 2.53 billion rupees to three Indian Institutes of Technology, it said, which will be released in phases. Its R&D facility, called
the Centre for Coal and Energy Research, is also overseeing 19 R&D projects with a total outlay of 2.25 billion rupees at other scientific institutions.
Coal India's R&D expenditure quadrupled to 2.45 billion rupees in fiscal 2025, from 610 million rupees a year earlier, it said.
The BriefWire