Gujarat Mineral Development Corporation Ltd. (India)

Gujarat Mineral Development Corporation Ltd. (GMDC) is a mining and mineral processing company located in Ahmedabad, India. Established over five decades ago, GMDC is known for its expertise in developing the mineral resources of the state. As a zero-debt company, GMDC is ranked 486th among India's Fortune 500 Companies (2022) and is one of the top five organizations in the mining sector based on market capitalization. GMDC specializes in lignite exploration and supply, making it the second-largest lignite-producing company in India. The company mines lignite from deposit-rich areas in Gujarat and supplies it to various industries such as textiles, chemicals, ceramics, bricks, and captive power. In addition to lignite, GMDC is involved in the exploration of other minerals including bauxite, fluorspar, manganese, silica sand, limestone, bentonite, and ball clay. These minerals have applications in industries such as manufacturing hydrofluoric acid, water purification, glass and ceramic ware production, and oil drilling. GMDC also has a significant presence in the energy sector, with a diversified portfolio of thermal power projects and renewable power generation projects, including wind and solar power. Over the years, GMDC has generated more than 2,522,416 MWhr of green energy. The company is currently focused on forward integration and exploring new avenues in the silica sand and bauxite sectors. GMDC aims to add value to its mined silica sand deposits by venturing into industries such as float glass and solar panel manufacturing. Similarly, the company is exploring opportunities for utilizing cement-grade limestone in the cement industry and is actively seeking capacity augmentation and diversification prospects. GMDC's efforts to maintain its leadership position are supported by the appointment of professionals with expertise in the field. The company also collaborates with strategic advisory consultancies and project management consultants to enhance its financial standing and expand its portfolio. For further information, GMDC can be contacted at 079-27913501 or 079-27913200, or via email at contact@gmdcltd.com. The company's Corporate Identification Number (CIN) is L14100GJ1963SGC001206, and its Goods and Services Tax Identification Number (GSTIN) is 24AAACG7987P1ZT.