Gujarat Mineral Development Corporation Ltd (GMDC), a government of Gujarat enterprise, stated on Thursday, February 26, that it has signed a memorandum of understanding (MoU) with NTPC Limited, a PSU, to jointly explore opportunities in coal and lignite gasification and downstream utilisation.
As per an exchange filing, the MoU establishes a framework to assess the feasibility of gasification of coal from GMDC’s coal blocks in Odisha and lignite from its mining operations in Gujarat.
The initiative will focus on the combined efforts, including pilot projects for gasification, exploration of end-use applications, joint production and commercialisation of syngas, and development of a time-bound action plan.
Commenting on the development, Roopwant Singh, IAS, Managing Director, GMDC, said, “The collaboration with NTPC reflects GMDC’s commitment to innovation-led growth and optimal utilisation of mineral resources. Exploring gasification technologies offers a greener pathway to creating greater value while supporting national objectives of energy security and industrial development.”
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GMDC stated that it has already initiated preliminary assessments of potential commercialisation of downstream products and marketing strategy. The process of engaging technical partners for detailed feasibility studies is currently underway.
It added that the present MoU is expected to complement and strengthen these efforts by integrating NTPC’s domain expertise in large-scale energy systems and project implementation, thereby providing institutional momentum to GMDC’s gasification roadmap.
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Gujarat Mineral Development Corporation Ltd shares ended at ₹576 on the NSE on February 26, up ₹11.35 or 2.01%, while NTPC shared ended in the red at ₹381.85.
