NTPC Limited and Gujarat Mineral Development Corporation Limited (GMDC) executed two Memoranda of Understanding (MoUs) on February 26, 2026, focusing on strategic collaboration. The agreements target the utilization of GMDC’s coal and lignite resources. Key goals include securing coal for NTPC power stations and exploring advanced projects in coal and lignite gasification, aiming to enhance India’s energy security and self-reliance.
Strategic Collaboration Announced
NTPC Limited and Gujarat Mineral Development Corporation Limited (GMDC) have formalized a strategic partnership by signing two Memoranda of Understanding (MoUs) on 26th February 2026. This alliance is centered on the mutual utilization of coal and lignite resources held by GMDC.
Details of the Two MoUs
The two agreements outline distinct areas of cooperation:
- The first MoU establishes a partnership for utilizing coal sourced from GMDC’s designated coal blocks. This supply will cater to power generation needs at both NTPC’s existing and upcoming power stations.
- The second MoU focuses on future-forward initiatives, aiming to explore the feasibility of coal and lignite gasification. This includes assessing its downstream commercialization, the execution of pilot projects, and the utilization of the resulting syngas.
Impact on Energy Sector
This strategic collaboration is anticipated to yield significant national benefits, specifically by enhancing India’s energy security, promoting the adoption of clean coal technologies, and further strengthening the nation’s goal of achieving energy self-reliance.
Ceremony Highlights
The signing ceremony was held in the presence of key leadership from both organizations. Dignitaries included Shri. Gurdeep Singh, CMD, NTPC, and Shri. Roopwant Singh, IAS, MD, GMDC, alongside other senior officials from NTPC and GMDC.
Source: BSE
