GMDC to focus on lignite production amid rising SME demand
COAL & MINING

GMDC to focus on lignite production amid rising SME demand

The Gujarat Mineral Development Corporation (GMDC) will expand its lignite coal production to gain from small and medium enterprises (SMEs) looking for cheaper fuel.

State-run GMDC produced 8.5 million tonnes of lignite last year and plans to reach 10 million tonnes this year. “In the last six months, we have added 400 more customers, and customers are increasing day by day. Our customer base among MSMEs in textiles, chemicals, and ceramics along with captive power plants is increasing since coal prices continue to remain high. Hence, we are increasing our lignite production this year by an additional 1.5 million tonnes even as we look to add more mines in near future,” said a GMDC spokesperson.

The company will add six more mines, leaving it with a total of nine in the next four-five years. GMDC employs Deloitte for fast-tracking new lignite mining projects.

While coal prices are as high as Rs 8000 to Rs 10,000 per tonne and more, average lignite prices are around Rs 4,000-4,500 per tonne, making it more viable for MSMEs.

Apart from lignite mining expansion, the company is working at improving mining for bauxite, which is used in alumina, apart from mining of fluorspar.

Also Read:
Amid coal shortage, CIL union threatens strike over wages
Adani emerges as lowest bidder in CIL import tender


The Gujarat Mineral Development Corporation (GMDC) will expand its lignite coal production to gain from small and medium enterprises (SMEs) looking for cheaper fuel. State-run GMDC produced 8.5 million tonnes of lignite last year and plans to reach 10 million tonnes this year. “In the last six months, we have added 400 more customers, and customers are increasing day by day. Our customer base among MSMEs in textiles, chemicals, and ceramics along with captive power plants is increasing since coal prices continue to remain high. Hence, we are increasing our lignite production this year by an additional 1.5 million tonnes even as we look to add more mines in near future,” said a GMDC spokesperson. The company will add six more mines, leaving it with a total of nine in the next four-five years. GMDC employs Deloitte for fast-tracking new lignite mining projects. While coal prices are as high as Rs 8000 to Rs 10,000 per tonne and more, average lignite prices are around Rs 4,000-4,500 per tonne, making it more viable for MSMEs. Apart from lignite mining expansion, the company is working at improving mining for bauxite, which is used in alumina, apart from mining of fluorspar. Also Read: Amid coal shortage, CIL union threatens strike over wages Adani emerges as lowest bidder in CIL import tender

Next Story
Equipment

Handling concrete better

Efficiently handling the transportation and placement of concrete is essential to help maintain the quality of construction, meet project timelines by minimising downtimes, and reduce costs – by 5 to 15 per cent, according to Sandeep Jain, Director, Arkade Developers. CW explores what the efficient handling of concrete entails.Select wellFirst, a word on choosing the right equipment, such as a mixer with a capacity aligned to the volume required onsite, from Vaibhav Kulkarni, Concrete Expert. “An overly large mixer will increase the idle time (and cost), while one that ..

Next Story
Real Estate

Elevated floors!

Raised access flooring, also called false flooring, is a less common interiors feature than false ceilings, but it has as many uses – if not more.A raised floor is a modular panel installed above the structural floor. The space beneath the raised flooring is typically used to accommodate utilities such as electrical cables, plumbing and HVAC systems. And so, raised flooring is usually associated with buildings with heavy cabling and precise air distribution needs, such as data centres.That said, CW interacted with designers and architects and discovered that false flooring can come in handy ..

Next Story
Infrastructure Urban

The Variation Challenge

A variation or change in scope clause is defined in construction contracts to take care of situations arising from change in the defined scope of work. Such changes may arise due to factors such as additions or deletions in the scope of work, modifications in the type, grade or specifications of materials, alterations in specifications or drawings, and acts or omissions of other contractors. Further, ineffective planning, inadequate investigations or surveys and requests from the employer or those within the project’s area of influence can contribute to changes in the scope of work. Ext..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?