Gujarat Mineral Development Corporation (GMDC) has announced a capital expenditure (capex) plan of Rs 13,000 crore to be executed by 2030. Of this, a significant 46 percent is earmarked for land acquisition across various key projects, especially in Odisha where GMDC operates three mines, including Burapahar and Kundali Lubri, with a total reserve of 2,095 million tonne.

Speaking during the company’s recent earnings call, Roopwant Singh (IAS), Managing Director, GMDC, revealed that 15 percent of the capex will go towards Resettlement and Rehabilitation (R&R) of families displaced by mining projects, while 30 percent will be invested in plant and machinery. He added, “Approximately Rs 3,000–4,000 crore (of the proposed capex) is for critical mineral projects — two of them.” He noted that over Rs 1,000 crore will be needed to upgrade existing lignite projects, including land acquisition.

In addition, Rs 4,000 crore will be allocated for coal projects and Rs 3,000 crore for lignite projects.  his strategic investment reflects GMDC’s long-term commitment to resource development, and infrastructure enhancement to support India's growing energy and industrial demands.