GMDC Expands Mining in Odisha with New Coal Mine Agreement

18 Jul 2024 CW Team

Gujarat Mineral Development Corporation (GMDC) has embarked on a strategic expansion of its mining operations in Odisha through a new agreement focused on coal mining. This initiative underscores GMDC's commitment to bolstering its footprint in the lucrative coal sector of eastern India.

The agreement entails the development and operation of a new coal mine in Odisha, aimed at augmenting GMDC's coal production capacity and meeting the growing demand for coal in the region. The expansion aligns with GMDC's strategic objectives of diversifying its mineral portfolio and enhancing operational efficiencies.

The new mining project in Odisha is expected to contribute significantly to local economic development by creating job opportunities and fostering infrastructure growth. It reinforces GMDC's role in supporting India's energy security goals through sustainable and responsible mining practices.

GMDC's expansion into Odisha's coal sector underscores its proactive approach in leveraging regional opportunities and strengthening its position as a key player in India's mining industry. The company aims to capitalise on the rich coal reserves in Odisha to sustainably meet the country's increasing energy needs.

Overall, GMDC's new coal mining agreement in Odisha signifies a strategic investment in expanding its operational capabilities and reinforcing its commitment to sustainable development practices in the mining sector.

Infrastructure Transport

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..