Gandhinagar: Gujarat Mineral Development Corporation (GMDC), one of India’s leading public sector mining companies, has presented a dividend cheque of ₹223.54 crore for the financial year 2025-26 to Gujarat Chief Minister Bhupendra Patel. The cheque, representing the state government’s share of the corporation’s dividend, was presented in Gandhinagar by Gujarat Chief Secretary M. K. Das.
The presentation highlights GMDC’s contribution to Gujarat’s industrial and economic development through mineral resource exploration and mining, as well as its expanding focus on energy security, renewable energy and strategic minerals.
GMDC Presents ₹223.54 Crore Dividend for FY 2025-26
The dividend cheque was presented to Chief Minister Bhupendra Patel on behalf of GMDC, a state government undertaking that plays an important role in the development of Gujarat’s mineral resources.
Chief Secretary M. K. Das handed over the cheque representing the state government’s share of the dividend for the financial year 2025-26.
Several senior officials were present on the occasion, including Dr. Hasmukh Adhia, Chief Advisor to the Chief Minister and Chairman of GMDC; Ajay Bhadu, Managing Director of GMDC; Sanjeev Kumar, Principal Secretary to the Chief Minister; and Dr. Vikrant Pandey, Additional Principal Secretary to the Chief Minister.
Read also: GMDC Appoints IAS Ajay Bhadoo as Managing Director After Key Central Government Roles
GMDC’s Role in Gujarat’s Mining and Industrial Development
Established in 1963, Gujarat Mineral Development Corporation is a state government-owned enterprise focused on the scientific, efficient and sustainable development of mineral resources.
The corporation contributes to the state’s industrial and economic growth through the mining and sale of a range of minerals.
GMDC’s principal mineral activities include:
- Lignite: Supporting industrial and energy requirements.
- Bauxite: A key raw material used in aluminium production.
- Limestone: Widely used in cement and other industrial applications.
- Fluorspar: An important mineral for several industrial processes.
- Silica sand: Used in glass manufacturing and other industrial applications.
Through its mineral operations, GMDC supports industries that depend on reliable supplies of essential raw materials.
GMDC Secures Three Coal Blocks in Odisha
GMDC has strengthened its role in supporting Gujarat’s long-term energy security by securing three coal blocks in Odisha: Baitarani West, Burapahar and Kudanali-Lubri.
The coal blocks form part of the corporation’s broader efforts to expand its mineral and energy resource portfolio. Their development is aligned with the objective of supporting the state’s long-term energy requirements.
GMDC Expands Focus on Renewable Energy and Strategic Minerals
Alongside its core mining activities, GMDC is active in the renewable energy sector and is exploring development opportunities in strategic minerals.
The corporation is focusing on opportunities involving rare earth elements, copper and other strategic minerals. These resources are important for various industrial applications and emerging technologies.
GMDC’s interest in these sectors reflects its efforts to diversify its activities beyond conventional mineral mining while continuing to focus on the scientific, efficient and sustainable utilisation of resources.
About Gujarat Mineral Development Corporation (GMDC)
Gujarat Mineral Development Corporation Limited is a Gujarat government undertaking established in 1963. It is engaged in the mining and sale of minerals such as lignite, bauxite, limestone, fluorspar and silica sand. The corporation also has interests in coal resources, renewable energy and strategic minerals, contributing to Gujarat’s industrial development and long-term resource security.
