Industries And Mines Departement
  
Welcome to Industries & Mines Department
Nirmal Gujarat

» Gujarat Mineral Development Corporation Limited

Other Information

Our Projects:

Fluorspar Project (Kadipani):
Based on the findings of an exploration by the Geological Survey of India, GMDC built a 500-TPD Mining & Beneficiation Plant for Fluorspar in Kadipani of Vadodara District.

Fluorspar is a valuable mineral and Kadipani is its only source in India. GMDC refines the low grade Fluorspar found in this area to 96% purity and it finds numerous applications in Glass, Steel and Aluminium industries across the country.

In the coming decade, GMDC plans to modernize this plant.

Fluorspar Project : Overview :
Location : Kadipani, Vadodara District
Fluorspar Ore (11 Million Tonnes)
Production : 25,000 TPY
ROM - 23%
Beneficiation : to 96%
Application Areas : Freon Gas, Steel Refining
Year of Commencement : 1968M

Multi Metal Project (Ambaji)
GMDC built a multi-metal concentrator pilot plant at Ambaji in North Gujarat to access its base metal reserves which contain significant levels of Copper, Zinc and Lead.

In the coming decade, GMDC will develop a Multi-Metal Project at Ambaji jointly with a private sector company. The feasibility report for this project, prepared by a reputed US based consultant, assure its viability and high investment-returns potential.

Multi-Metal Project : Overview :
Location : Ambaji : North Gujarat
Base Metal Ore (7 Mill.T)
1% Cu, 3.5% Pb, 5.5% Zn
Year of commencement : 1992

Lignite Projects :
Panandhro, Mata No Madh & Tadkeshwar :

In the Seventies, Gujarat's industrialisation began to register an exponential growth rate. The two most dominant industrial segments of the State -Chemicals and Textiles depended on coal for fuel, delivered long distance from other States.

GMDC seized the moment and took up Lignite Mining in Panandhro of Kutch District. Over the year, Lignite turned out to be a preferred fuel substitute for the costlier coal. By 1998, the plant's annual production crossed 5 million tonnes and it could cater to the fuel requirements of more than 2,000 industrial units.

Eventually, GMDC emerged as India's largest merchant seller of Lignite and continues to maintain that stature even in the New Millennium. It is also the country's second largest Lignite miner.

To tap the State's immense Lignite deposits, the Government of Gujarat has initiated a drive to augment Lignite based power production the State. In view of this, GMDC has charted out major plans to help Gujarat meet its future Lignite demands, estimated to cross 10 million tonnes by 2010.

Bauxite Project (Gadhsisa) :
GMDC established a Bauxite Calcination Plant at Gadsisa, Kutch, with an annual capacity of 7.5 lakh tonnes. This plant caters to the requirements of Steel and Cement industries across the country.

Bauxite Project : Overview :
Location : Gadhsisa : Kutch
Bauxite (Al2O3 2H2O)
Production : 50,000 TPY
Min. 50% Al2O3
Calcined Bauxite
Min 86% Al2O3
Application Area : Refractories
Year of Commencement : 1994

250 MW Lignite Based Power Station (Chher Nani Village, Kutch) :
Three large pit-head Lignite Based Power Station are under implementation in Gujarat. Currently one of them is being built by GMDC.

This 250 MW Power Station coming up at Chher Nani Village in Kutch District will utilize the Lignite produced by GMDC's Panandhro and Akrimota Mines. The first unit of 125 MW is already synchronised in the month of March.It is scheduled to be commissioned by end of the June 2005. Shortly after that, the project's generation capacity may be expanded to 500 MW

This CFBC Technology based plant is a star project of the Corporation, and is slated to be one of Gujarat's most cost-effective and profitable plants.

A CFBC Boiler will enable the project to meet environmental protection standards. Condenser Cooling will be seawater-based, and the Boiler Make-up. Water will be produced by Thermal Desalination.

The project is being set up with a Debt Equity Ratio of 80:20, without increasing the company's existing equity base. Funds totalling Rs. 1,116 crore have already been sourced from banks and financial institutions.


Price List for Minerals

Prevailing Price List for LIGNITE

Mines Grade Basic Price Rs./M.T. Royalty Rs./M.T. G.S.T.@ 20% Rs./M.T. Net Price Rs./M.T.
Panandhro PA 525.00 50.00 115.00 690.00
Panandhro PA-OGS 615.00 50.00 26.60 691.60
(04%CST)798.00
(20%GST)
Panandhro PC 550.00 50.00 120.00 720.00
Mata-No-Madh MA 430.00 50.00 96.00 576.00
Tadkeshwar TA 950.00 50.00 200.00 1200.00
Panandhro GEB-PA 337.50 50.00 77.50 465.00

Fluorspar Price List :

Mines Grade Basic Price Rs./M.T. Packing Charges Rs.M.T. Not price including Excise @ 16% and
GST @ 12% where applicable Rs./M.T.
Net Price including Excise
 @ 16% &
CST @ 4% where applicable Rs./M.T.
Kadipani Acid A Grade Powder 95.5% Caf2 & above 9,400.00 250.00 10,808.00 10,036.00
Kadipani Acid B Grade Powder 92.5 Caf2 & Below 95.5 Caf2 8,600.00 250.00 9,912.00 9,204.00
Kadipani Met A Grade Powder 90% & Below 92.5 Caf2 8,400.00 250.00 9,688.00 8,996.00
Kadipani Met B Grade Powder 85% & Below 90% Caf2 8,000.00 250.00 9,240.00 8,580.00
Kadipani MFC A Grade Powder 80% & Below 85% Caf2 7,500.00 250.00 8,680.00 8,060.00
Kadipani MFC B Grade Powder 75% & Below 80% Caf2 6,900.00 250.00 8,008.00 7,436.00
Kadipani MFC C Grade Powder 70% & Below 75% Caf2 5,900.00 250.00 6,888.00 6,396.00
Kadipani MFC D Grade Powder 65% & Below 70% Caf2 5,500.00 250.00 6,440.00 5,980.00
Kadipani Silicate Briquettes 81% Caf2 (Minimum) 9,900.00 250.00 13,450.62 12,489.86
Kadipani Starch Briquettes 79% Caf2 (Minimum) 10,300.00 250.00 13,744.38 12,762.63

Tailing Waste, Ore & Lumps Price:

Grade Basic Price Rs./M.T. Royalty @ 5% Rs./M.T. Packing Charges Rs./M.T. Tax @ 12% Rs. /M.T. Net Price  Rs./M.T.
Tailing Waste 2.00 N.A. N.A. 03.00 28.00
Low Grade ORE 300.00 15.00 N.A. 37.80 352.80

Bauxite Price : (Under Buy-Back agreement) :

Grade Premium Rs./M.T. Supervision Charge Royalty @ 5% Rs./M.T. Tax @ 12% Rs./M.T. Cess Education Tax @ 2% Net Price Rs./M.T.
Non Plant Grade 200.00 25 70.00 35.4 0.71 331.11
Dust (General) 100.00 00.00 00.00 12.00 00.00 112.00
Dust (Under Buy-Back) 70 00.00 00.00 8.40 00.00 78.40

Calcined Bauxite Price : (Under Buy-Back agreement)

Grade Basic Price Rs./M.T. Royalty Rs./M.T Fuel Price Escalation Rs./M.T. Excise Duty @ 16% Rs./M.T. Sales Tax @ 12% Rs./M.T. Premium to be paid by Contractor to GMDC
Calcined Bauxite & Calcined Bauxite Balls 2,800.00 To be paid by Contractor as applicable from time to time 1,007.86

Silica Sand Price :

Grade Basic Price Rs./M.T. Royalty Rs./M.T. Sales Tax @ 12% Rs./M.T. Net Price Rs./M.T.
Glass Grade 75.00 20.00 11.40 106.40
Non Glass 35.00 20.00 06.60 61.60

Performance of the Corporation :

Last Five Years

  1998-99 1999-00 2000-01 2001-02 2002-03 2003-04
Total Sales 23,140.22 18,892.05 21,789.94 25,256.58 29,275.01 27,295.60
Profit Before Tax 14,139.15 7,180.10 10,879.88 10,978.86 13,052.92 12,046.25
Profit After Tax 8,434.00 3,774.71 5,874.69 6,618.46 8,491.05 8,095.51