Coal-based power generation is a principal source of electricity in India and many other countries. About 15-30% of the total amount of residue generated during coal combustion is fly ash (FA). FA is generally alkaline in nature and contains many toxic metals like Cr, Pb, Hg, As and Cd along with many essential elements like S, B, Ca, Na, Fe, Zn, Mn and P. Dumped FA contaminates the biosphere by mobilization of its fine particles and hazardous metals. Despite the negative environmental impact of FA, coal continues to be a major source of power production in India and therefore FA disposal is a major environmental issue. To overcome this problem, FA dumping sites have been started as a potential resource for biomass production of tree species. Phytoremediation is a strategy that uses plants to degrade, stabilize, and remove contaminants from soils, water and waste FA. Phytomanagement of FA is based on the plants' root systems, high biomass, woody nature, native nature, and resistance to pH, salinity, and toxic metals. Recently Indian researchers mostly from the National Botanical Research Institute have been working on phytoremediation and revegetation of FA dykes, inoculation of bacterial strains for reducing FA stress and biomass production from FA dykes. Many international researchers have worked on reclamation, revegetation and utilization of FA. FA utilization saves resources, mainly land (topsoil), water, coal, limestone and chemical fertilizer. Safe utilization of FA is a major concern around the world and regulatory bodies are enforcing stringent rules for the proper management of FA. This article summarizes various viable avenues in India for FA utilization and environmental management.