GB Logistics Commerce Limited has been awarded a sub-contract worth approximately ₹107 crore (inclusive of GST) for loading and transportation services at the Chhal Open Cast Project (OCP) in the Raigarh Area of South Eastern Coalfields Limited (SECL), a Government of India enterprise.
The work order has been issued by Adas Mining and Infra Private Limited, the principal contractor appointed by SECL. The project involves critical logistics and material handling operations that are expected to significantly boost GB Logistics’ revenue and operational footprint in the mining logistics segment.
The company announced the development in a regulatory filing in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
“This sub-contract marks a strategic milestone in GB Logistics’ journey and is expected to contribute meaningfully to our topline and enhance our operational scale in the infrastructure and mining sector,” the company stated.
With this order, GB Logistics strengthens its position in the coal logistics value chain, aligning with the increasing demand for efficient and large-scale material movement services in India’s mining industry.