Ministry of Coal awards a '5 Star' rating to GHCL Limited's Khadsaliya Lignite Mines

GHCL Limited, India's leading Chemical Company's Khadsaliya Lignite mines situated in Bhavnagar Gujarat, was awarded a '5 Star' rating by the Ministry of Coal(MOC), Government of India. Khadsaliya Lignite Mines, Bhavnagar, achieved the 16th Rank and is the First Lignite Mine from the state of Gujarat to receive a '5Star' rating.

The Mining sector in India is constantly evolving with a focus on enhancing efficiency, deploying safer Mining techniques to ensure accident- free operations, beter environment, welfare of workers and rehabilitation of project affected families, etc. The Ministry of Coal's Star Rating Policy for Coal Mines in India rates the various coal and lignite mines in the country based on 59 evaluation parameters in the case of Opencast Mines. These parameters relate to environment, economic performance, operations, compliances, safety and security, rehabilitation and resetlement and adoption of technology and best practices.

A five-star rating, the highest in the rating scheme and is awarded to mines that perform best on the above parameters. Total of 206 Mines participated in the open cast category for 2021-22.

Speaking on the occasion, Mr R S Jalan, MD, GHCL Limited said "Creating Value Responsibly is the basis of all that we do at GHCL. We are proud to have achieved the highest number of accident-free days which as of today are 5224 days. This has been made possible because of our scientific and efficient operations, worker friendly policies and sustainable ways to mitigate environmental and social impacts. GHCL is a socially and environmentally responsible organisation and is committed innovation and sustainable growth."

Shares of GHCL Limited was last trading in BSE at Rs. 474.90 as compared to the previous close of Rs. 480.45. The total number of shares traded during the day was 4479 in over 123 trades.

The stock hit an intraday high of Rs. 483.40 and intraday low of 474.05. The net turnover during the day was Rs. 2133010.00.

Source : Equity Bulls

Keywords

GHCL INE539A01019 Khadsaliya LigniteMines Bhavnagar 5Star Rating CoalMinistry