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WCL signs MoU with MBDB

WCL signs MoU with MBDB
WCL, taking another significant step towards sustainable mining and business diversification, signed its fourth Memorandum of Understanding (MoU) with the Maharashtra Bamboo Development Board (MBDB), Nagpur, for commercial bamboo plantation on 28 hectares of rehabilitated land at the Dhuptala Opencast Mines (Ballarpur Area). Present on the occasion were Dr. Hemant Sharad Pandey, Chairman-cum-Managing Director, WCL, Bikram Ghosh, Director (Finance & Human Resources), S S Paranjape, Director (Technical Projects & Planning), and Mr. Rishikesh Ranjan, Managing Director, MBDB. With this project, the total area under commercial bamboo plantation at WCL has exceeded 121 hectares. The 15-year project will involve an initial investment of approximately ₹2.57 crore, and WCL is expected to see returns from the 8th year. This initiative will significantly contribute to environmental protection, carbon absorption, biodiversity enhancement, local employment generation, and increased non-coal revenue.
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