NEW DELHI: Gujarat Mineral Development Corporation (GMDC), a leading mining PSU enterprise and the largest lignite seller in the country, today announced that it had emerged as the highest bidder for Two Coal Mines in Odisha in the recently concluded commercial coal block auction by the ministry of Coal.
GMDC has won the bids for Odisha’s Burapahar Block in Sundargarh district, having a geological reserve of 548 million tonnes and the Baitarani (West) Block in Angul district a geological reserve of 1,152 million tonnes.
This acquisition of the coal blocks is a significant achievement for GMDC, as it expands the company’s presence in the coal mining sector and will contribute to the growth of the Indian economy.
