GHCL Ltd. is making headlines after securing a 20-year lease renewal for its Khadsaliya Lignite Mines in Gujarat. This key development, coupled with an ambitious ₹850 crore mineral expansion plan, could mark a pivotal shift for the company as it aims to boost regional productivity and sustainability.
GHCL confirmed that the Gujarat Industries and Mines Department has renewed the mining lease for its Khadsaliya Lignite Mines, covering 171 hectares in Bhavnagar district. The renewed lease is valid until December 8, 2043. This approval ensures long-term operational stability for GHCL’s primary lignite mining activities and sets the foundation for future expansion.
In December 2023, GHCL signed a memorandum of understanding worth ₹850 crore with the Government of Gujarat. The agreement includes plans to diversify the Khadsaliya site's utility by venturing into secondary mineral mining, including Bentonite and Sand. This shift will transform the site into a composite mining hub, integrating both lignite and secondary mineral extraction.
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GHCL’s initiative supports its broader sustainability agenda by aiming for circular economic practices and resource optimisation. By broadening the mine’s output to include marketable secondary minerals, the project could contribute meaningfully to local resource efficiency and industrial growth in Gujarat.
On July 21, 2025, GHCL share price opened at ₹613.20 on NSE, above the previous close of ₹605.25. During the day, it surged to ₹614.25 and dipped to ₹611.65. The stock is trading at ₹612.35 as of 9:16 AM. The stock registered a moderate gain of 1.17%.
Over the past week, it has moved up by 0.07%, over the past month, it has moved up by 7.51%, and over the past 3 months, it has moved up by 0.14%.
GHCL’s mining lease renewal and expansion into secondary minerals represent a vital milestone for the company. With a ₹850 crore plan aligned with sustainability and resource optimisation, GHCL is positioning itself for long-term growth in Gujarat’s industrial sector.
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Published on: Jul 21, 2025, 10:51 AM IST
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