GMDC to Partner with Technology Consultants for Dry Beneficiation Technology Pyrite / Sulphur removal plant

Gujarat Mineral Development Corporation (GMDC), a leading mining PSU enterprise and the largest lignite seller in the country, announced that it is looking at partnering with technology consultants for the dry beneficiation technology pyrite / sulphur removal plant.

GMDC, a Government of Gujarat Enterprise, has been a pioneer in mining for more than six decades, catering to the needs of the minerals and solid fuel for the industries based in and outside Gujarat. GMDC mining activities are spread over the State's Kutch, Devbhoomi Dwarka, Bhavnagar, Bharuch, Panchmahal, and Banaskantha districts. It is currently dealing in minerals like Lignite, Bauxite, Fluorspar, Manganese, Ball Clay, Silica Sand, Bentonitic Clay and Limestone. The GMDC has also set up a 250 MW lignite-based Thermal Power Station at Nani Chher in Kutch, a Wind power plant of 200.9 MW at Maliya, Jodiya, Godsar, Bhanvad and a Solar Power plant of 5 MW at Panandhro Project.

Mr. Roopwant Singh, IAS, Managing Director, GMDC, said, "The company is looking for consulting partner who adds value to the company and helps strategize long-term mining opportunities. GMDC has achieved a remarkable turnaround in the last twelve months. We have built capabilities, created resilience, elevated financial performance and embraced transformational change."

Lignite produced from Surkha (North) Lignite mine, Bhavnagar, is associated with pyrite, ash and sulphur. These gangue minerals deteriorate the quality of lignite, thereby reducing the performance efficiency of the end user. GMDC Ltd is currently operating five (5) lignite mines in Gujarat.

GMDC Ltd, therefore, requires pyrites to be removed from lignite produced from its Surkha (North) mine before supplying to its customers. Removal of pyrites helps reduce sulphur dioxide emissions, reduction in rupture of boiler tubes and clogging, and helps improve boiler efficiency.

As a part of forward integration, GMDC Ltd. is keenly interested in removing this pyrite from lignite to supply clean fuel to the customers. The company will also commission a pyrite removal plant at Bhavnagar using the best & latest dry beneficiation technology.

For this purpose, GMDC intends to appoint a consultant to Design, Engineering, manufacture, supply, install, and commission a modular lignite washery (sulphur/pyrite removal plant) with a suitable Crusher from 1.50 MillionTonne ± 10% per annum sized lignite by Environmental friendly dry technology.

For the selection of the mentioned consultant, GMDC has floated an RFP which can be downloaded from the website of GMDC (www.gmdcltd.com)

Shares of Gujarat Mineral Development Corporation Limited was last trading in BSE at Rs. 172.50 as compared to the previous close of Rs. 172.40. The total number of shares traded during the day was 228181 in over 2675 trades.

The stock hit an intraday high of Rs. 175.15 and intraday low of 169.25. The net turnover during the day was Rs. 39289762.00.

Source : Equity Bulls

Keywords

GujaratMineralDevelopmentCorporation INE131A01031 GMDC Lignite Partnership Pyrite Sulphur RemovalPlant