GMDC creates record profit
GMDC creates a record profit of Rs. 1,657 Crore in FY 2022-23. It has been a journey of Rs. Rs. 2005 Cr. from FY 2020-21 to present. Also, in FY 2022-23 GMDC has expanded footprint into Odisha with Coal Mines having reserves of 1.5 Billion Tons and Annual Capacity of 23 Million Tons. &nbs
GMDC creates a record profit of Rs. 1,657 Crore in FY 2022-23.
It has been a journey of Rs. Rs. 2005 Cr. from FY 2020-21 to present.
Also, in FY 2022-23 GMDC has expanded footprint into Odisha with Coal Mines having reserves of 1.5 Billion Tons and Annual Capacity of 23 Million Tons. GMDC’s Lignite Reserves & Annual Capacity; 500 Million Tons & 9 Million Tons .GMDC’s Coal Reserves & Annual Capacity (Added in 2022-23): 1,500 Million Tons/1.5 Billion Tons & 23 Tons.
Roopwant Singh who is 2003 batch IAS officer is Roopwant Singh is MD of the Gujarat Mineral Development Corporation (GMDC).
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