Gujarat Mineral Development Corporation (GMDC) has inked memorandum of understanding (MoU) with South Korea based -- KEPCO Plant Services and Engineering Company. The MoU is to the tune of Rs 500 crore for long-term operation and maintenance contract for 250-megawatt Akrimota Thermal Power Station.
The company has signed the same during the International Conference on mining, minerals and metals, held at Mahatma Mandir, Gandhinagar on January 8, 2013. Overall eight MoUs were signed during the International Conference.
GMDC is engaged in business of mining and mineral processing. The company manufactures two grades of fluorspar namely acid and metallurgical. It owns two bauxite reserve located at Kutch and Jamnagar.
