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Coal India Limited Commissions 100 MW Gujarat Solar Plant; Shares Gain 0.42% 

By HDFC Sky | Published at: May 6, 2026 10:46 AM IST

Coal India Limited commissioned a 100 MW solar power plant in Gujarat after receiving approval from GEDA, while the company’s shares rose 0.42% during early trade on May 6. 

Coal India Limited Commissions 100 MW Gujarat Solar Plant; Shares Gain 0.42% 
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Mumbai, May 6: Coal India Limited said it has commissioned a 100 MW solar power plant in Gujarat after receiving a commissioning certificate from the Gujarat Energy Development Agency (GEDA), according to an exchange filing submitted to stock exchanges. 

Coal India Receives GEDA Approval for Gujarat Solar Project 

The state-run mining company informed the Bombay Stock Exchange and the National Stock Exchange of India that the commissioning certificate dated May 4, 2026, was issued by GEDA for the 100 MW solar power project located at Village Bhadranmali in Deesa, Banaskantha district, Gujarat. 

According to the regulatory filing, the solar power plant became operational with effect from March 31, 2026. The disclosure was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. 

The commissioning marks another step in Coal India’s renewable energy expansion as the company continues diversifying beyond conventional coal mining operations. 

Stock Market Snapshot 

Coal India shares traded higher on May 6 following the announcement regarding the commissioning of the solar power project. The stock was quoted at ₹474.60 on the NSE, up 0.42% at 9:29 a.m. IST, according to exchange data. 

The stock opened at ₹473.85 and touched an high of ₹477.50 during morning trade. Investors also tracked broader movement across public sector undertaking stocks alongside the renewable energy development. 

Coal India Share Price

Coal India Share Price as of 6 May 2026, Source:NSE 

Coal India Expands Renewable Energy Portfolio 

Coal India Limited, a Maharatna public sector enterprise, is primarily engaged in coal production and supply across India. The company operates through multiple coal-producing subsidiaries and remains one of the country’s largest mining entities. 

In recent years, Coal India has increased its focus on renewable energy and associated infrastructure projects as part of its long-term diversification strategy. Solar power additions remain a key part of transition initiatives being undertaken by state-owned energy companies. 

Conclusion 

The commissioning of the Gujarat-based 100 MW solar power plant adds renewable generation capacity to Coal India’s portfolio and reflects the company’s ongoing diversification efforts. 

Investors remained focused on execution of clean energy projects and operational updates as the stock traded marginally higher during early market hours on May 6. 

Source: 

  • https://www.nseindia.com/get-quote/equity/COALINDIA/Coal-India-Limited 
  • https://nsearchives.nseindia.com/corporate/COALINDIA_05052026133544_AWARD.pdf 
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