Government-owned coal producer Coal India Limited has outlined plans to reach 3,000 MW of solar capacity by FY28 as part of its renewable expansion strategy. The initiative aligns with a broader FY26 capital expenditure outlay of around INR 16,000 crore. Solar capital expenditure more than doubled to INR 961 crore by January FY26 from INR 412 crore in the same period last year. While a significant share of funding remains directed toward coal evacuation infrastructure, solar is emerging as a larger component of the capex mix. Commissioned renewable capacity stood at 247 MW in December 2025 and is projected to rise to about 675 MW this fiscal. Planned additions include projects in Gujarat, joint ventures totaling nearly 2,000 MW and a 20 MW floating installation, supported by lower installation costs of INR 4–4.5 crore per MW.