Coal India to invest $1.94 billion in new coal-powered plant By Investing.com
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 21 2025
0mins
Source: Investing.com
Coal India Expansion Plans: Coal India plans to build a 1,600 MW coal-powered plant in Jharkhand, requiring an investment of $1.94 billion, in collaboration with Damodar Valley Corporation.
Additional Projects: The company is also constructing two thermal power plants in Madhya Pradesh and another 1,600 MW plant in Odisha, all expected to be completed by 2030.
Analyst Views on COAL
Wall Street analysts forecast COAL stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for COAL is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Analyst Rating
0 Buy
0 Hold
0 Sell
Current: 27.088
Low
Averages
High
Current: 27.088
Low
Averages
High
No data
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
