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. (GMDC) 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.

GMDC remains focused on disciplined execution, operational alignment and future-oriented growth as it expands its fuel portfolio. The award of work to a mining partner reflects GMDC's intent for phased development while strengthening visibility on sustainable coal business. This approach supports GMDC's broader objective of building a balanced, diversified and future-ready mining portfolio that complements its lignite operations and enhances longterm value for stakeholders.

GMDC has obtained Stage-I Forest Clearance (FC) and Environmental Clearance (EC) for the Baitarni-West Opencast Coal Mine from the Ministry of Environment, Forest and Climate Change (MoEF&CC), Govt. of India. These clearances mark significant regulatory progress and enable structured advancement of the project. GMDC is committed towards mine operationalisation in line with statutory timelines, responsible mining practices, and the Corporation's long-term growth outlook.

On this occasion, Sh. Roopwant Singh, IAS, MD-GMDC commented that "Advancing BaitarniWest coal mine to this stage within 2.5 years highlights GMDC's focus on efficient project development and sustainable value creation. Our progress reflects a disciplined approach to building high-quality mining assets that support regional development and enhance the Corporation's long-term growth trajectory."

Shares of Gujarat Mineral Development Corporation Limited was last trading in BSE at Rs. 494.15 as compared to the previous close of Rs. 486.90. The total number of shares traded during the day was 164802 in over 3864 trades.

The stock hit an intraday high of Rs. 509.20 and intraday low of 478.45. The net turnover during the day was Rs. 81474136.00.

Source : Equity Bulls

Keywords

GujaratMineralDevelopmentCorporation INE131A01031 GMDC Coal