New Delhi: Coal India Limited (CIL) is expanding beyond conventional coal mining, building a diversified portfolio covering energy, critical minerals, advanced materials and research and development.
The company’s business development strategy focuses on five areas: coal gasification and coal-to-chemicals, thermal power, renewable energy and storage, critical minerals and advanced materials, and diversified minerals including iron ore.
CIL has four major coal-to-chemicals projects with a combined estimated investment of around ₹69,346 crore. These include initiatives for producing urea, ammonium nitrate and synthetic natural gas.
The company also has a 2×800 MW Chandrapura ultra-supercritical power expansion, around 550 MW of commissioned solar capacity, and projects involving grid-scale battery energy storage.
CIL said its diversification aims to strengthen energy and mineral security, reduce import dependence, promote indigenous technology and support low-carbon growth while maintaining commercial viability.
