Coal India spent Rs 3,399 crore on capital expenditure in the April-June quarter, up 16.64% on last year and slightly ahead of its own target. For anyone selling or running mining machines, though, the split matters more than the total: only Rs 819 crore of it sat under plant and machinery, and that head also pays for washeries. The bigger money went into land and coal evacuation work.
The figures come from Coal India’s own quarterly capex statement, issued on 28 July and picked up by Business Standard, Financial Express and Energetica India. Chairman B. Sairam said the three big heads, land, evacuation infrastructure and plant and machinery, together accounted for over 75% of the quarter’s spend. The arithmetic backs him: those three come to Rs 2,572 crore of Rs 3,399 crore.
Coal India is the single largest buyer of heavy earth moving machinery in the country, so its purchase mix moves the whole mining fleet market. Read the quarter carefully and it points at civil work more than at machine orders.
Land plus evacuation came to Rs 1,753 crore between them, more than half the quarter. That is earthmoving and construction money: clearing and developing acquired land, laying railway sidings and haul roads, putting up coal handling plants, silos and weighbridges. Work of that kind pulls excavators, tippers, graders and compactors, plus batching plants and cranes for the structures. Contractors chasing mine-side packages are the direct beneficiaries.
The Rs 819 crore under plant and machinery looks healthier than it is for a machine seller. Washery construction and expansion sits inside that same head, so the slice actually going into HEMM procurement, the dumpers, shovels, dozers and drills, is smaller than the line suggests. Coal India has not broken it out.
Our take: the headline growth reads well for mining equipment demand, but on this quarter’s evidence the near-term opportunity looks stronger in contract earthmoving and mine infrastructure than in a fresh wave of HEMM tenders. That said, one quarter is thin evidence. Rs 13,101 crore of the annual plan is still unspent, and how that lands across the remaining three quarters is what will decide whether machine orders pick up. The Gainwell Saoner project is a useful reminder that fleet-scale coal orders do still land.
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Rs 3,399 crore between April and June 2026, up 16.64% from Rs 2,914 crore in the same quarter a year earlier. It beat the Rs 3,349 crore quarterly target by a small margin.
Plant and machinery accounted for Rs 819 crore. That head covers heavy earth moving machinery purchases along with washery construction and expansion, so the pure machine share is lower than Rs 819 crore. Coal India did not publish a separate HEMM figure.
Land acquisition and resettlement at Rs 804 crore was the single biggest head, and coal evacuation infrastructure at Rs 949 crore was the biggest category overall once railway sidings, coal handling plants, silos, weighbridges and roads are added together.
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Source: Energetica India
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