Gujarat Mineral Development Corporation Limited
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Gujarat Mineral Development Corporation Limited (GMDC) is a major Indian state-owned minerals and lignite mining company based in
Ahmedabad Ahmedabad ( ), also spelled Amdavad (), is the most populous city in the Indian state of Gujarat. It is the administrative headquarters of the Ahmedabad district and the seat of the Gujarat High Court. Ahmedabad's population of 5,570,585 ...
.Gujarat Mineral Development Corporation Limited
/ref> GMDC was founded in 1963. Its product range includes essential energy minerals like lignite, base metals and industrial minerals like bauxite and fluorspar. Gujarat government has given its green signal to GMDC to form a joint venture with NALCO for a 1 mtpa refinery. GMDC also owns and runs Akrimota Thermal Power Station, a 250 MW (2x125 MW) lignite-based thermal power plant located in village Nanichher in Lakhpat Taluka,
Kutch District Kutch district (), officially spelled Kachchh is a district of Gujarat state in western India, with its headquarters (capital) at Bhuj. Covering an area of 45,674 km2, it is the largest district of India. The area of Kutch is larger than ...
.


Product range

The company has grown in strength since its inception over the years. In 1963 the company commenced its operation with small silica sand quarry. In 1964 it started with bauxite mines in Kutch and now operates six bauxite mines. In 1971, a beneficiation plant was commissioned by GMDC to process 500 M.T of fluorspar ore and to produce
calcium fluoride Calcium fluoride is the inorganic compound of the elements calcium and fluorine with the formula CaF2. It is a white solid that is practically insoluble in water. It occurs as the mineral fluorite (also called fluorspar), which is often deeply col ...
used for the manufacture of Hydro-fluoric acid and as flux in metallurgical industries. A captive mine at Ambadungar was established also to feed the plant. In 1976 lignite was discovered in Gujarat and GMDC started its first lignite mines at Panadhro. In 1980, a captive refining plant with copper mines was set up by GMDC near Ambaji. In 1983, another lignite mine was discovered & started by it at Rajpardi near
Bharuch Bharuch () is a city at the mouth of the river Narmada in Gujarat in western India. Bharuch is the administrative headquarters of Bharuch District. The city of Bharuch and surroundings have been settled since times of antiquity. It was a shi ...
. In 1992, it established a calcination plant to add value to the bauxite mined by it at Gadhsisha in Kutch. In 1996, to use the lignite mined by it, GMDC also started thermal power plant at Nani-Chher in Kutch. In 2005 & 2009 more lignite mines were started by GMDC at Tadkeshwar near
Surat Surat (Gujarati Language, Gujarati: ) is a city in the western Indian States and territories of India, state of Gujarat. The word Surat directly translates to ''face'' in Urdu, Gujarati language, Gujarati and Hindi. Located on the banks of t ...
and near
Bhavnagar Bhavnagar is a city and the headquarters of Bhavnagar district in the Indian state of Gujarat. It was founded in 1723 by Bhavsinhji Gohil. It was the capital of Bhavnagar State, which was a princely state before it was merged into the Dominion ...
, respectively. Also in 2006 it developed manganese ore mines at Shivarajpur in
Panchmahal Panchmahal, also rendered as Panch Mahal, is a district in the eastern portion of Gujarat State western India. ''Panch-mahal'' means "five tehsils/talukas" (5 sub-divisions), and refers to the five sub-divisions that were transferred by the Mahar ...
s. It is also setting up an Alumina plant with
Raytheon Raytheon is a business unit of RTX Corporation and is a major U.S. defense contractor and industrial corporation with manufacturing concentrations in weapons and military and commercial electronics. Founded in 1922, it merged in 2020 with Unite ...
Corporation of USA.


Akrimota Thermal Power Station

Akrimota Thermal Power Station () is a
lignite Lignite (derived from Latin ''lignum'' meaning 'wood'), often referred to as brown coal, is a soft, brown, combustible sedimentary rock formed from naturally compressed peat. It has a carbon content around 25–35% and is considered the lowest ...
-based thermal power plant located in village Nanichher in Lakhpat Taluka,
Kutch District Kutch district (), officially spelled Kachchh is a district of Gujarat state in western India, with its headquarters (capital) at Bhuj. Covering an area of 45,674 km2, it is the largest district of India. The area of Kutch is larger than ...
,
Gujarat Gujarat () is a States of India, state along the Western India, western coast of India. Its coastline of about is the longest in the country, most of which lies on the Kathiawar peninsula. Gujarat is the List of states and union territories ...
. The power plant is run by the Corporation. The power plant has an installed capacity of 250 MW (2x125 MW).


Public listing

In 1999, the government of Gujarat being the sole owner, divested 26% of its stake and the GMDC became a listed entity (BSE&NSE) and is occupying a position within the top fortune 500 companies in our country with an annual turnover surpassing 10 billion with considerable annual growth rate.


Upcoming Projects

GMDC is keen to set up a Rare Earth Elements Processing Plant, in the country as REEs are essential for developing green energy technologies like permanent magnets for electric vehicles and wind turbines and LEDs.


References

{{authority control Mining companies of India Aluminium companies of India Coal companies of India Copper mining companies of India Metal companies of India Government-owned companies of India Companies based in Ahmedabad Companies based in Gujarat Non-renewable resource companies established in 1963 State agencies of Gujarat 1963 establishments in Gujarat Indian companies established in 1963 Companies listed on the National Stock Exchange of India Companies listed on the Bombay Stock Exchange