Gujarat Mineral Development Corporation (GMDC) has signed a Memorandum of Understanding (MoU) with NTPC, a Government of India Maharatna company, to explore the utilisation of coal from GMDC’s coal blocks for power generation and its sale to distribution utilities and other end users. The MoU provides a structured framework for examining the feasibility of supplying coal from GMDC’s coal blocks in Odisha for use in NTPC’s existing or upcoming power projects. The collaboration aims to enhance domestic energy security and affordable power supply, particularly for Gujarat Distribution Companies, subject to applicable approvals and regulatory provisions.

Under the proposed framework, NTPC will evaluate the development of power projects under Section 62 of the Electricity Act, 2003, including the preparation of feasibility studies and detailed project reports, while GMDC will ensure structured coal supply from its coal blocks with appropriate quality and quantity assurance mechanisms. Both GMDC and NTPC will jointly examine optimal coal evacuation from mines to power stations, particularly from the Baitarni West Coal Mine in Odisha, primarily of G-11 grade under a structured cost-plus pricing framework. 

Gujarat Mineral Development Corporation is engaged in business of mining and mineral processing.