GHCL Limited has been declared the “Preferred Bidder” for a Composite License for the Kadaya Block, a limestone mine located in Gujarat. The e-auction was conducted by the Commissioner of Geology and Mining, Government of Gujarat, concluding on September 22, 2026. This declaration marks a strategic move for GHCL, potentially bolstering its mineral resources for future operations.
GHCL Secures Preferred Bidder Status for Limestone Mine
GHCL Limited has announced its declaration as the “Preferred Bidder” for the allocation of a Composite License for the Kadaya Block. This significant block of land, situated at village Kadaya, Taluka Maliya Hatina, District Junagadh of Gujarat State, is rich in limestone mineral reserves.
E-Auction and Declaration Details
The competitive e-auction, organized by the Commissioner of Geology and Mining, Government of Gujarat, concluded on September 22, 2026. GHCL Limited was subsequently notified of its status as the Preferred Bidder on the same day. The company has received the official Letter of Intent (LOI) confirming this declaration.
Kadaya Block Potential
The Kadaya Block offers an area of 6.8797 Hectares and is estimated to hold approximately 5,67,337 Metric Tonnes of limestone mineral reserve. The grant of the Composite License is contingent upon GHCL’s submission of the requisite performance security within 45 days of being declared the Preferred Bidder. This development is a key step in securing crucial raw material for the company’s operations.
Source: BSE