Reliance Industries Plans ₹43,000 Crore Coal Gasification Project In Andhra Pradesh, Eyes 40,000 Jobs

Reliance Industries Limited (RIL) is preparing to enter a major coal gasification development in Andhra Pradesh, with plans to establish an integrated complex through a phased investment programme. The company is expected to sign a memorandum of understanding (MoU) with the state government to take the project forward over the next three decades, according to people familiar with the development.

The investment signals a broader industrial push by Reliance in the state. Its focus will be coal gasification. Before the project advances, however, the company plans to assess the geological potential, conduct exploration and examine the prospects for large-scale operations.

The project will move through two initial phases, with the second stage dependent on the completion of preliminary investigations and submission of a detailed project report (DPR).

Reliance Industries Share Price Movement

Reliance Industries shares were trading at ₹1,335.90, up 0.04% on the National Stock Exchange (NSE) at 1:34 pm on 12 November 2026, compared with the previous close of ₹1,335.40.

The stock opened at ₹1,335.40 and touched an intraday high of ₹1,342.50 before slipping to a low of ₹1,331.50. Trading volume stood at 77.29 lakh shares, with a traded value of ₹1,033.64 crore.

Project Investment And Development Timeline

The proposed development will be implemented in stages, allowing the company to evaluate the coal resources and technical viability before committing to the larger construction programme.

The broader development carries a potential investment of ₹2.70 lakh crore over its proposed 30-year timeline.

Andhra Pradesh Government's Role In The Project

The Andhra Pradesh Economic Development Board (APEDB) will serve as the nodal facilitation agency for the development. Its responsibilities will include coordinating with different state government departments to facilitate access to land, water and electricity.

The agency will also coordinate with central government ministries to address administrative and regulatory requirements.

Reliance has already secured two coal blocks in the state. The Union Coal Ministry awarded the company the Chintalpudi Sector A1 and Recherla coal blocks, both located in Eluru district.

Employment Generation And Project Outlook

The proposed complex could bring a significant employment boost. Around 5,000 direct jobs are expected during construction and development. Beyond that, another 35,000 jobs could emerge through businesses and industries linked to the project. But these opportunities are still some distance away. Regulatory approvals are pending, and the early development work remains to be completed. Reliance intends to move ahead in stages, making sure the project is technically and commercially viable before committing to a much larger build.

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