Reliance stock: Company plans $4.6 billion Andhra project
Published on 11/12/2026 at 16:48 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSProject scope and execution hurdles
- Reliance Industries plans an integrated underground coal-gasification complex in Andhra Pradesh.
- The second phase depends on feasibility results, a detailed project report and regulatory approvals.
- The proposal would convert deep coal reserves into usable gas without conventional mining.
Reliance Industries plans an integrated underground coal-gasification complex in Andhra Pradesh, adding a large energy and industrial project to its expansion agenda. Business Standard, citing Reuters, reported the plan on Thursday, November 12, 2026.
Phased investment in Andhra Pradesh
The project is expected to require about 43,000 crore rupees, or approximately 4.59 billion US dollars, in two phases. The first phase would receive about 3,000 crore rupees for exploration, geological assessments and pilot demonstrations to establish technical and commercial feasibility.
A second phase with an initial investment of about 40,000 crore rupees would follow only after the first phase is completed and the required regulatory approvals are secured. The proposal could attract up to 2.7 trillion rupees over its lifetime, according to the government document cited in the report.
Energy strategy and investor implications
Underground coal gasification converts deep coal reserves into usable gas without conventional mining. For Reliance, the project would extend its energy strategy into another domestic source of industrial fuel and chemical feedstock, while the phased structure limits the immediate commitment until feasibility work is complete.
The proposal is also expected to support employment in the state, with around 5,000 direct and 35,000 indirect jobs cited in the report. The figures represent potential employment linked to the project and its wider industrial ecosystem rather than confirmed positions.
Reliance Industries project overview
- Project: Integrated underground coal-gasification complex
- Location: Andhra Pradesh, India
- Planned investment: About 43,000 crore rupees in two phases
- First phase: Exploration, geological assessment and pilot demonstrations
- Potential employment: About 5,000 direct and 35,000 indirect jobs
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