GMDC sign MOU with KEPCO for Akrimota power plant

Gujarat Mineral Development Corporation ( GMDC) has signed a memorandum of understanding (MoU) with South Korea’s KEPCO Plant Services and Engineering Company Limited for long-term operation & maintenance of GMDC’s Akrimota Thermal Power Station.

The MoU is to the tune of Rs 500 crore for long-term operation and maintenance contract for 250-megawatt Akrimota Thermal Power Station, a government official said.

Overall eight MoUs were signed during the International Conference on mining, minerals and metals, held at Mahatma Mandir, Gandhinagar on Tuesday, January 8, 2013.

“We have received 25 investment intentions worth Rs 5000 crore, which includes projects such as long term maintenance and long term supply contracts,” said a GMDC official.

As per the company officials, so far 30 MoU requests have been received, of which five MoUs are for skill development and knowledge sharing.