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.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
