Gujarat's Strategic Move to Meet Rising Power Demand

27 Jun 2024 CW Team

To ensure the state meets this anticipated demand, Gujarat Urja Vikas Nigam Limited (GUVNL) and the Gujarat Mineral Development Corporation (GMDC) signed a memorandum of understanding (MoU) on June 25, 2024. The signing ceremony, attended by the Chief Minister of Gujarat, Shri Bhupendrabhai Patel, and Shri Kanubhai Desai, Minister of Finance, Energy & Petrochemical, marks a significant milestone in the state's energy strategy. The MoU focuses on developing coal and lignite-based power stations.

"The signing of this MoU marks a historic milestone as we embark on a journey to secure the energy future of Vibrant Gujarat," stated Kanubhai Desai. "This landmark agreement between GUVNL and GMDC is a testament to our shared dedication to energy excellence. Through collective wisdom and strategic partnership, we are committed to providing reliable and sustainable power for all, ensuring that our state continues to thrive and grow. A self-reliant and Vibrant Gujarat will also be a force multiplier for the country?s economy."

The collaboration aims to leverage significant coal reserves allocated by the Government of India, including two large commercial mines in Odisha with a cumulative mineable coal reserve of 660 million metric tonnes, supporting a potential thermal capacity of approximately 4,400 MW. Additionally, GMDC is advancing its lignite mining operations in Gujarat, expected to add 1,250 MW of lignite-based capacity.

These developments align with Gujarat's goal of ensuring a continuous power supply and meeting its late evening peak power demands more reliably and competitively, securing the state's energy future.

In a strategic effort to address its increasing power requirements, the Government of Gujarat has projected a demand surge to approximately 36,000 MW by FY 2031-32. This significant rise from the current 24,544 MW in FY 2023-24 highlights the state's energy ambitions, driven by a compound annual growth rate of over 6% over the past five years. This forecast was outlined in the 20th Electric Power Survey (EPS) Report by the Central Electricity Authority (CEA). To ensure the state meets this anticipated demand, Gujarat Urja Vikas Nigam Limited (GUVNL) and the Gujarat Mineral Development Corporation (GMDC) signed a memorandum of understanding (MoU) on June 25, 2024. The signing ceremony, attended by the Chief Minister of Gujarat, Shri Bhupendrabhai Patel, and Shri Kanubhai Desai, Minister of Finance, Energy & Petrochemical, marks a significant milestone in the state's energy strategy. The MoU focuses on developing coal and lignite-based power stations. The signing of this MoU marks a historic milestone as we embark on a journey to secure the energy future of Vibrant Gujarat, stated Kanubhai Desai. This landmark agreement between GUVNL and GMDC is a testament to our shared dedication to energy excellence. Through collective wisdom and strategic partnership, we are committed to providing reliable and sustainable power for all, ensuring that our state continues to thrive and grow. A self-reliant and Vibrant Gujarat will also be a force multiplier for the country?s economy. The collaboration aims to leverage significant coal reserves allocated by the Government of India, including two large commercial mines in Odisha with a cumulative mineable coal reserve of 660 million metric tonnes, supporting a potential thermal capacity of approximately 4,400 MW. Additionally, GMDC is advancing its lignite mining operations in Gujarat, expected to add 1,250 MW of lignite-based capacity. These developments align with Gujarat's goal of ensuring a continuous power supply and meeting its late evening peak power demands more reliably and competitively, securing the state's energy future.

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..

Infrastructure Urban

01 Jun 2026

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..

Infrastructure Urban

01 Jun 2026

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..