Articles tagged under: GMDC

GMDC gets environmental clearance for capacity expansion of Surkha Lignite Mine

January 09, 2024
GMDC gets environmental clearance for capacity expansion of Surkha Lignite Mine

Ahmedabad: The state-owned Gujarat Mineral Development Corporation (GMDC) announced on Monday that it has received environmental clearance to augment the capacity of its Surkha lignite mine in the state. The Ministry of Environment, Forest, and Climate Change (MOEFCC) granted approval for expanding the capacity of Surkha (N) lignite mine from 3 million tonnes per annum (MTPA) to 5 MTPA. This expansion not only indicates increased production but also aligns with Gujarat Mineral Development Cor...Read More

GMDC’s iCEM Partners with Monash University of Australia for Innovation in Mining

November 07, 2023
GMDC’s iCEM Partners with Monash University of Australia for Innovation in Mining

Gandhinagar: Gujarat Mineral Development Corporation Ltd, one of the leading mining Public Sector enterprises in India has announced the signing of a Memorandum of Understanding (MoU) between its subsidiary, the International Centre of Innovation in Mining (iCEM), and Australia's Monash University for research and innovation and the broader Mining and Mineral Development Sector in India. This collaboration seeks to address challenges, including reducing mining's environmental footprint and en...Read More

GMDC દ્વારા રૂ. ૨૬૯.૪૪ કરોડનો ડિવિડન્ડ ચેક મુખ્યમંત્રીને અર્પણ થયો

October 16, 2023
GMDC દ્વારા રૂ. ૨૬૯.૪૪ કરોડનો ડિવિડન્ડ ચેક મુખ્યમંત્રીને અર્પણ થયો

મુખ્યમંત્રી ભૂપેન્દ્ર પટેલને ગુજરાત સરકારના જાહેર સાહસ ગુજરાત ખનિજ વિકાસ નિગમ લિમિટેડ-GMDC દ્વારા રૂ. ૨૬૯.૪૪ કરોડની ડિવિડન્ડ રાશિનો ચેક ગાંધીનગરમાં અર્પણ કરવામાં આવ્યો હતો. રાજ્ય સરકારે તાજ�...Read More

GMDC reports revenue of Rs. 3502 crore and profit of Rs. 1212 crore for FY23

May 31, 2023
GMDC reports revenue of Rs. 3502 crore and profit of Rs. 1212 crore for FY23

Ahmedabad: Gujarat Mineral Development Corporation Ltd, a mining PSU Enterprise and the largest lignite seller in the country, has announced its financial results for the last quarter and full year ended on March 31st 2023.   Highlights for Q4 FY23 (YoY) Standalone Financials, as per the press statement by the company 0- Total income stands at Rs. 1188 crore as against Rs. 1097 crore in Q4 FY22 0- Revenue from Operations stood at Rs. 952 crore as against Rs. 1057 crore...Read More

Gujarat State Petroleum Corporation leads public undertakings with highest profit in 2021-22

April 07, 2023
Gujarat State Petroleum Corporation leads public undertakings with highest profit in 2021-22

Gandhinagar: Gujarat State Petroleum Corporation (GSPC) has emerged as the top public undertaking with the highest profit in the state for the financial year 2021-22, with a profit of Rs 1183.73 crore. Following closely behind is Gujarat Energy Transmission Corporation Limited (GETCO), which has made a profit of Rs 971.46 crore. However, the internal debt of the state government has increased, reaching Rs 3.80 lakh crore in the past year, up from Rs 3.57 lakh crore. Despite this, several publ...Read More

GMDC emerges as highest bidder for two coal mines in Odisha

March 13, 2023
GMDC emerges as highest bidder for two coal mines in Odisha

Ahmedabad: Gujarat Mineral Development Corporation (GMDC) today announced that it had emerged as the highest bidder for Two Coal Mines in Odisha in the recently concluded commercial coal block auction by the Ministry of Coal, Government of India. GMDC has won the bids for Odisha’s Burapahar Block in Sundargarh District, having a Geological Reserve of 548 million Tonnes and the Baitarani (West) Block in Angul District a geological reserve of 1152 million Tonnes. Commenting on the development...Read More

GMDC has the highest number of bids in the Commercial Coal Block Auction

February 08, 2023
GMDC has the highest number of bids in the Commercial Coal Block Auction

Ahmedabad: Gujarat Mineral Development Corporation (GMDC), a leading mining PSU enterprise and the largest lignite seller in the country, bids for the highest number of blocks in commercial coal block auction by the Ministry of Coal under the latest tranche. Gujarat Mineral Development Corporation placed a total of 9 bids. Through this participation, GMDC aims to expand its business beyond the state's geographical boundaries, said the official statement. GMDC in the official statement said, "...Read More

Industry body writes to CM complaining inadequate quantity of lignite supply by GMDC

May 31, 2022
Industry body writes to CM complaining inadequate quantity of lignite supply by GMDC

Morbi: The Morbi Chamber of Commerce in a letter to the chief minister has raised the issue of inadequate supply of lignite to small and medium industries of Morbi and threatened to launch a movement protesting GMDC’s unfair trade practice if the problem doesn’t get resolved within 15 days. The industry body says in the letter that factories are having to stagger their production activity because of insufficient quantity of lignite, which adversely impacts the wages of laborers. The in...Read More

GMDC to run an Engineering college

September 15, 2015

Bhuj Gujarat government has taken an in-principal decision to hand over the management of Bhuj based government engineering college to Gujarat government arm Gujarat Mineral Development Corporation(GMDC). Three years ago, the state government had directed GMDC to start engineering college in central Gujarat town Khambhat and allotted land for Re 1 token rate. However GMDC was of opinion that it had no project in Khambhat and its most projects are in Kutch district, and therefore governm...Read More

GMDC consolidated Q4 net profit up at Rs 235 crore

May 28, 2015

New Delhi Gujarat Mineral Development Corporation (GMDC) today reported 22.5 per cent rise in consolidated net profit at Rs 234.9 crore for the quarter ended March 31, 2015. The company's consolidated net profit in the corresponding quarter of FY 2014 was Rs 191.7 crore, Gujarat Mineral Development Corporation said in a regulatory filing. The consolidated total income decreased from Rs 484.2 crore for the quarter ended March 31, 2014 to Rs 446.4 crore for the quarter ended March 31, 201...Read More