GHCL gets lease renewal approval for Khadsaliya Lignite Mines in Gujarat

The lease renewal period of twenty years i.e. up to December 08, 2043

GHCL has received lease renewal approval from Industries and Mines Department, Government of Gujarat, for its Khadsaliya Lignite Mines of 171 hectares at Khadsaliya Village, in Gujarat, for a period of twenty years i.e. up to December 08, 2043.

Earlier, the company had entered into a strategic Rs 950 crore memorandum of understanding (MoU) with the Government of Gujarat on December 20, 2023, for the development and commercial sale of secondary minerals, specifically Bentonite and Sand.

As a result, the Khadsaliya Mining Project will now evolve into a composite mining operation, encompassing both primary lignite mining and secondary mineral projects. This expansion represents a transformative opportunity for the region and aligns with its sustainability goals, circular economy principles, and commitment to resource optimization.

GHCL is engaged in primarily two segments consisting of Inorganic Chemicals (mainly manufacture and sale of Soda Ash) and Home Textile division (comprising of yarn manufacturing, weaving, processing and cutting and sewing of home textiles products).