Gujarat Mineral Development Corporation has the highest number of bids in the Commercial Coal Block Auction under the latest tranche

AHMEDABAD, India, Feb. 8, 2023 /PRNewswire/ -- Gujarat Mineral Development Corporation (GMDC), a leading mining PSU enterprise and the largest lignite seller in the country, bids for the highest number of blocks in commercial coal block auction by the Ministry of Coal under the latest tranche. Gujarat Mineral Development Corporation placed a total of 9 bids. Through this participation, GMDC aims to expand its business beyond the state's geographical boundaries.

GMDC has a vision of revolutionizing the Mining industry, and the expansion would indicate its commitment to that vision. The new development will bring GDMC's diversified products to even more customers and create new job opportunities. The company is committed to supporting local economies and helping to drive growth and development.

GMDC looks forward to serving even more customers and continuing to grow and evolve in the years to come. The new expansion would testify to GMDC's success and ongoing commitment to growth and sustainability.

About Gujarat Mineral Development Corporation Limited (https://www.gmdcltd.com/en) (BSE: 532181) (NSE: GMDCLTD)

Gujarat Mineral Development Corporation Limited is one of the leading mining players in India. It is a State Public Undertaking of the Government of Gujarat. The state-owned company currently has five operational lignite mines located in Kutch, South Gujarat, and the Bhavnagar region. It is purportedly the largest merchant seller of lignite in the country.