In the recently concluded commercial coal block auction by the Ministry of Coal, Government of India, Gujarat Mineral Development Corporation (GMDC), a prominent mining PSU enterprise and the largest seller of lignite in the nation, declared that it had placed the highest bid for Two Coal Mines in Odisha.
The Burapahar Block in Sundargarh District, which has a geological reserve of 548 million tonnes, and the Baitarani (West) Block in Angul District, which has a geological reserve of 1152 million tonnes, have both been awarded to GMDC.
A major accomplishment for GMDC, the successful acquisition of the coal blocks increases the company’s footprint in the coal mining industry and will aid in the expansion of the Indian economy.
With these developments, GMDC’s additional 21 MTPA would be fuelling the nation’s energy demand, further consolidating its position as the leading mining player in the sector.