
Underground mining at Gondkhari: A sustainable boost to environment and local economy
The block awarded to Adani Power Limited through competitive bidding forms part of the Coal Ministry's strategy to produce two million tonnes of coal annually in the country, using underground technology.
The project will set a precedent for environmentally conscious resource extraction. Unlike traditional open-cast mining, the Gondkhari project will ensure minimal surface disruption. Of the total 862.00 hectares, including 87.351 hectares of revenue forest land, will remain undisturbed as no infrastructure development or mining operations will occur on forest land.
As a result, the underground mining project will prevent tree felling and forest degradation, which are the major concerns of the stakeholders today. The company will develop mine entries and infrastructure on privately acquired land, ensuring that forest patches remain intact.
This underground approach not only safeguards biodiversity but also aligns with the principles of ecological conservation. The Forest Diversion Proposal underscores the project's commitment to regulatory compliance, especially with the Ministry of Environment, Forest and Climate Change.
Beyond environmental stewardship, the Gondkhairi Underground Mining project promises substantial socio-economic benefits. It is a much-awaited project since it does not involve any resettlement of people and will generate both direct and indirect employment opportunities for over 2500 people in Vidarbha region.
Adani Power has developed an extensive CSR plan for the local communities covering critical areas such as Education, Health, livelihood and rural infrastructure, among others. Local youth will be empowered through skill development programs facilitated by Adani Power, including initiatives under Corporate Social Responsibility (CSR). These programs aim to uplift the community by enhancing employability and fostering inclusive growth. Also, the project will enhance the revenue for the state government through royalty, taxes, and duties.
The Gondkhiari Underground Coal Mine project exemplifies how modern mining can harmonise with nature while catalysing regional development. By prioritising underground technology and community engagement, it offers a blueprint for responsible mining that benefits both the environment and the local economy.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


United News of India
13 hours ago
- United News of India
Uttarakhand govt to hand out its 550 schools to industries for infrastructural revival
Dehradun, July 29 (UNI) The Uttarakhand government will hand out its 550 hillside schools to the industries in order to revive their infrastructures and other learning facilities for children in remote areas. According to Education minister Dhan Singh Rawat, the government will ink MoUs (memorandums of understanding) for adoption of these schools with corporate houses by month end in the presence of Uttarakhand Governor and the Chief Minister. Going by the officials of the state education department the schools being identified for privatisation include both primary and secondary schools. The new and unprecedented decision of Pushkar Singh Dhami government also allows non-resident Uttarakhand natives to adopt the schools. According to the department's decision, firms taking over the schools will provide modern facilities like computer labs, libraries, and playgrounds in these institutions. Dhan Singh Rawat said that decision as to permission for adoption of government schools by private firms is aimed at rejuvenation of remote and under-resourced government schools in the state. "The State government has resorsted to a new initiative to provide better and modern education environment in association with industrial houses. Nearly 550 government schools, mainly from hill areas, will be directly linked with industrial houses through their Corporate Social Responsibility (CSR) funds. These schools will be formally adopted by industrialists to provide them with modern study resources for the children in the hill areas" said state education minister. The minister added "besides facilitating study materials adopting industrial houses will also look after the renovation of the building infrastructure of the schools. The facilities will include renovation of the school buildings, playgrounds, clean toilets, sports materials and host of other needed services to the students. Industrial houses to be roped for adoption of the schools have already given their in-principle agreement to the government." Minister informed school adoption MoUs under CSR initiative will be signed with industrial houses at a special event to be held at Raj Bhavan on July 30 in the leadership of Governor Lieutenant General Gurmit Singh and Chief Minister Pushkar Singh Dhami. UNI XC SS


Economic Times
a day ago
- Economic Times
Adani Power to consider stock split on August 1, stock surges 2%
Adani Power has informed the exchanges that its Board of Directors will meet on Friday, August 1, 2025, to consider a proposal for the sub-division or split of its equity shares. Following the announcement, shares of Adani Power were trading 2.23% higher at Rs 583.30 on the BSE. ADVERTISEMENT The company stated that the board will evaluate altering its share capital by splitting the face value of existing fully paid-up equity shares of Rs 10 each, subject to shareholder and regulatory approvals. 'We would like to inform you that the meeting of the Board of Directors of the Company to be held on Friday, 1st August 2025, will inter alia also consider the proposal for alteration in the share capital of the Company by way of sub-division/split of the existing equity shares of the face value Rs. 10/- each, fully paid-up,' the company said in an exchange filing. The final ratio or structure of the stock split will be determined by the board during the meeting. If approved, the proposal will require subsequent consent from shareholders and relevant statutory bodies. The company had earlier intimated on July 24, 2025, about the upcoming board meeting, and this stock split proposal will be taken up as part of that agenda. If approved, this will be the first-ever instance of Adani Power splitting its stock, according to Trendlyne data. ADVERTISEMENT Other details regarding the stock split will be discussed in the upcoming meeting and have not yet been typically split their stocks to make shares more affordable and attractive to a broader range of investors. By reducing the price per share, stock splits enhance accessibility—particularly for retail investors—which often leads to increased trading activity and improved market liquidity. ADVERTISEMENT Also read: NSDL IPO GMP at 17% ahead of tomorrow's launch: Price band, key dates & other details (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times) ADVERTISEMENT (You can now subscribe to our ETMarkets WhatsApp channel)

Mint
a day ago
- Mint
Adani Power share price jumps 3% after stock-split move
Adani Group firm Adani Power share price jumped over 4 percent in intra-day deals on Tuesday, July 29 after its Board of Directors announced that they will meet on Friday, August 1, 2025, to consider a stock split (sub-division of shares). The proposal involves splitting the existing fully paid-up equity shares with a face value of ₹ 10 each into smaller denominations, details of which will be decided by the Board. The stock split will be subject to shareholder approval and any required regulatory or statutory clearances. 'Further to our intimation pursuant to Regulation 29 and other applicable provisions of the Listing Regulations, as given on July 24, 2025, we would like to inform you that the meeting of the Board of Directors of the Company to be held on Friday, 1st August 2025 will inter alia also consider the proposal for alteration in the share capital of the Company by way of sub-division/split of the existing equity shares of the face value Rs. 10/- each, fully paid-up, in such a manner as may be determined by the Board, subject to approval of the shareholders of the Company and any regulatory/statutory approvals, as may be required under applicable law,' the company said in a regulatory filing. Adani Power reported a 5 percent year-on-year decline in consolidated net profit for the March 2025 quarter (Q4FY25), posting earnings of ₹ 2,599.23 crore compared to ₹ 2,737.24 crore in the same period last year. The dip was primarily due to lower recognition of non-recurring income. A company official clarified that the profit after tax (PAT) for the fourth quarter of FY24 had included one-time gains such as higher refunds from government authorities and proceeds from the sale of unutilised assets. These items, which had a pre-tax impact of about ₹ 350 crore, were not present to the same extent in Q4 FY25, impacting the bottom line. Despite the fall in profit, the company reported a 5.3 percent rise in consolidated revenue from continuing operations, which stood at ₹ 14,522 crore in Q4 FY25, up from ₹ 13,787 crore in the corresponding period of the previous year. The increase was driven by higher power volumes, though partially offset by lower tariff realisation. For the full financial year 2024–25, Adani Power's net profit came in at ₹ 12,750 crore, significantly lower than the ₹ 20,829 crore reported in FY24. The decline was largely attributed to reduced one-time income and higher tax charges during the year. Looking ahead, the Adani Group utility major is scheduled to announce its Q1FY26. The stock jumped as much as 4.2 percent to its day's high of ₹ 594.75. In the last 1 year, the stock has lost 20 percent. Meanwhile, it has been flat in July so far, up 0.4 percent, extending gains for 5th straight month. It added 7.7 percent in June, 2.2 percent in May, 4.5 percent in April and 6.4 percent in March. Before that, it was in the red for 5 straight months between October 2024-Feb 2025.