Gujarat Mineral Development Corporation

Gujarat Mineral Development Corporation Limited
Company typePublic
BSE: 532181 NSE: GMDCLTD
IndustryMining
Founded1963
Headquarters
Ahmedabad, Gujarat
,
India
Area served
Gujarat
Key people
Products
Revenue2,734.79 crore (US$320 million)(FY2022)
580.57 crore (US$69 million)(FY2022)
404.98 crore (US$48 million)(FY2022)
OwnerGovernment of Gujarat
Number of employees
  • 1500+
Websitewww.gmdcltd.com

Gujarat Mineral Development Corporation Limited (GMDC) is a major Indian state-owned minerals and lignite mining company based in Ahmedabad. 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.