Business Standard

GMDC floats EoI for mineral-based projects in Guj

Image

Press Trust of India Ahmedabad

State PSU Gujarat Mineral Development Corporation (GMDC) has invited Expression of Interest (EoI) for setting up a slew of mineral-based projects in Gujarat, including cement plants in Kutch and Surat.

The EoIs floated by the state PSU call for investments between Rs 2,000 crore and Rs 4,000 crore.

These projects are aimed at value addition to minerals like limestone, bauxite and silica sand which are currently sold as base minerals by the GMDC.

"The EoIs invited for a slew of mineral based projects in Gujarat are likely to attract investments between Rs 2,000 crore and Rs 4,000 crore in the state. These Projects aim at value addition to base minerals," Managing Director GMDC V S Gadhvi told PTI.

 

As per the EoI, there is enough scope to set up cement plants with a capacity of 2.4 million tonnes to 8 million tonnes in Kutch, at an estimated investment of Rs 1,000 crore to Rs 3,500 crore and a 0.7 million tonne plant at Tadkeshwar in Surat district at an investment of Rs 300 crore.

Apart from cement plants, GMDC also plans to set up greenfield projects of specialty alumina chemicals, silica sand beneficiation, 20,000 TPA plant for making Zeolite-A detergent out of bauxite and beneficiation of low grade bauxite.

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Nov 09 2010 | 7:04 PM IST

Explore News