Gujarat Mineral Development Corporation (GMDC) announced a bold capital expenditure (capex) plan of ₹13,000 crore to be implemented by 2030. The strategic move underscores the company’s long-term focus on enhancing resource development and expanding infrastructure to meet India’s rising industrial and energy needs.
Land Acquisition Takes Center Stage
GMDC has earmarked a substantial 46% of the total capex—nearly ₹6,000 crore—for land acquisition. This allocation will primarily support key projects in Odisha, where GMDC currently operates three major mines, including Burapahar and Kundali Lubri, which together hold a total reserve of 2,095 million tons.
Focus on Rehabilitation and Modernization
Roopwant Singh (IAS), Managing Director of GMDC, detailed the expenditure breakdown:
*15% of the capex will support Resettlement and Rehabilitation (R&R) initiatives for families impacted by mining activities.
*30% will go towards plant and machinery upgrades, ensuring modernization and operational efficiency.
Singh emphasized the company’s commitment to balancing industrial growth with social responsibility, saying, “We are investing to not only expand our capabilities but to do so responsibly and sustainably.”
Accelerating Critical Mineral and Energy Projects
GMDC will direct ₹3,000–4,000 crore of the total investment towards two key critical mineral projects. Singh described these projects as “essential to the future of GMDC’s diversification strategy.”
Additionally, GMDC plans to allocate:
*₹4,000 crore for coal projects
*₹3,000 crore for lignite projects, which includes over ₹1,000 crore for upgrading existing operations and associated land acquisition
A Strategic Push for Resource Security
The capex plan is a cornerstone of GMDC’s roadmap to strengthen India’s mineral self-reliance and secure sustainable energy resources. As reported by projectstoday.com, GMDC is investing in critical minerals and modern infrastructure. Through these efforts, the company aims to position itself as a key contributor to India’s industrial transformation over the next decade.
