Reliance Industries to Invest $4.59 Billion in Andhra Pradesh Coal Project

Reliance Industries plans to invest approximately ₹43,000 crore ($4.59 billion) to develop an integrated underground coal gasification complex in Andhra Pradesh. The project will utilize technology to convert deep coal reserves into usable gas without the need for conventional mining.

The investment will be executed in two stages. An initial ₹3,000 crore phase will focus on exploration and feasibility demonstrations, while a subsequent ₹40,000 crore phase will proceed pending regulatory approvals and the success of the first stage. Over its lifetime, the project could attract total investments of up to ₹2.7 trillion and create 5,000 direct and 35,000 indirect jobs.

This initiative is part of a broader surge of industrial investment in the state. Other major commitments include a $15 billion AI hub by Google, $11 billion in data center capacity from Reliance and its partners, and a $2 billion manufacturing plant from the Indian unit of Kia.