GMDC takes a giant leap - Gujarat Mineral Development Corporation Ltd

Code BSE: 532181 NSE:

GMDC takes a giant leap towards operationalising the Baitarni-West Coal mine by onboarding Mining Partner and obtaining key statutory clearances Gujarat Mineral Development Corporation Ltd. continues to strengthen its national footprint through a calibrated expansion into the coal sector, building a strategic parallel to its established leadership in lignite. As part of this diversification, GMDC has acquired three coal blocks in Odisha, with “Baitarni-West” coal mine emerging as the most value-accretive asset owing to its scale and geological potential. Anchored in the vision of Atmanirbhar Bharat, the 15 MTPA Baitarni-West coal mine is set to strengthen India’s energy ecosystem, with GMDC awarding operational responsibilities to a mining partner today at its corporate office in Ahmedabad to ensure planned production .