In a significant move towards strategic expansion, the state-owned Gujarat Mineral Development Corporation (GMDC) announced on Wednesday that it is actively exploring plans to establish two coal mines in Odisha. GMDC, a prominent player in the mining sector with five operational lignite mines across the country, discussed these plans during an on-site board meeting held in Bhubaneswar, Odisha.
The company’s statement highlighted the comprehensive nature of the discussions, encompassing plans for the establishment of new coal mines in Odisha, strategic coal utilization, and the exploration of various opportunities and capabilities within both existing and new portfolios.
During his keynote address, Managing Director Roopwant Singh emphasized GMDC’s expertise in lignite and coal, underlining the company’s dedication to diversification. Singh also underscored the critical role of coal in GMDC’s present and future endeavors. The announcement reflects GMDC’s commitment to staying at the forefront of the mining industry and capitalizing on strategic opportunities for growth.
The statement further noted that the focus of discussions extended beyond operational aspects, delving into community-based corporate social responsibility (CSR) programs and sustainability initiatives. The company is keenly aware of its responsibility towards the communities it operates in and expressed a commitment to integrate sustainable practices into its growth trajectory.
GMDC’s exploration of plans for two new coal mines in Odisha aligns with the broader industry’s efforts to harness the region’s mineral resources for economic development. The company’s proactive approach and commitment to diversification and sustainability reinforce its position as a key player in India’s mining landscape.
Prasanta Patnaik