GMDC, J K Cement Ltd. Tie-up for Limestone from Lakhpat Punrajpur Mine
Cement

GMDC, J K Cement Ltd. Tie-up for Limestone from Lakhpat Punrajpur Mine

Gujarat Mineral Development Corporation Ltd. (GMDC) has signed a Long-Term Supply Agreement (LSA) with JK Cement Ltd. for the supply of 250 million tonnes of limestone over a period of 40 years from its upcoming Lakhpat Punrajpur Mine in Lakhpat Taluka of Kutch District in Gujarat. The signing event was chaired by the Chairman of GMDC Ltd. Dr. Hasmukh Adhia, IAS (Retd.) on January 29, 2025 and the agreement was officially formalised by Roopwant Singh, IAS, Managing Director of GMDC Ltd., and Anuj Khandelwal, Business Head – Grey Cement of JK Cement Ltd., representing their respective organisations.

This agreement marks a strategic partnership towards monetising the large limestone asset of GMDC Ltd. and benefiting both the partners. It will support J K Cement Ltd. in setting up a greenfield integrated mega-capacity cement plant, fostering industrial growth in the region. The collaboration will stimulate investment, enhance industrial development, and generate thousands of direct and indirect employment opportunities in Kutch, contributing significantly to the socio-economic progress of Gujarat. Kutch’s coastal proximity, improved access to domestic and international markets, and cost-efficient logistics position it as an ideal hub for cement production. Furthermore, this initiative will contribute substantially to the State Exchequer through revenue generation in the form of Royalty, National Mineral Exploration Trust (NMET) contributions, District Mineral Foundation (DMF) funds, and Goods & Services Tax (GST) on both limestone and cement production.

This agreement underscores GMDC Ltd.’s commitment to fostering industrial growth while ensuring the sustainable utilization of mineral resources, thereby strengthening Gujarat’s position as a leading industrial and economic State.

Gujarat Mineral Development Corporation Ltd. (GMDC) has signed a Long-Term Supply Agreement (LSA) with JK Cement Ltd. for the supply of 250 million tonnes of limestone over a period of 40 years from its upcoming Lakhpat Punrajpur Mine in Lakhpat Taluka of Kutch District in Gujarat. The signing event was chaired by the Chairman of GMDC Ltd. Dr. Hasmukh Adhia, IAS (Retd.) on January 29, 2025 and the agreement was officially formalised by Roopwant Singh, IAS, Managing Director of GMDC Ltd., and Anuj Khandelwal, Business Head – Grey Cement of JK Cement Ltd., representing their respective organisations. This agreement marks a strategic partnership towards monetising the large limestone asset of GMDC Ltd. and benefiting both the partners. It will support J K Cement Ltd. in setting up a greenfield integrated mega-capacity cement plant, fostering industrial growth in the region. The collaboration will stimulate investment, enhance industrial development, and generate thousands of direct and indirect employment opportunities in Kutch, contributing significantly to the socio-economic progress of Gujarat. Kutch’s coastal proximity, improved access to domestic and international markets, and cost-efficient logistics position it as an ideal hub for cement production. Furthermore, this initiative will contribute substantially to the State Exchequer through revenue generation in the form of Royalty, National Mineral Exploration Trust (NMET) contributions, District Mineral Foundation (DMF) funds, and Goods & Services Tax (GST) on both limestone and cement production. This agreement underscores GMDC Ltd.’s commitment to fostering industrial growth while ensuring the sustainable utilization of mineral resources, thereby strengthening Gujarat’s position as a leading industrial and economic State.

Next Story
Resources

Gyproc India concludes ‘Beyond Dimensions’ design challenge

Gyproc India successfully hosted the finale of its flagship national design challenge, ‘Beyond Dimensions with Gyproc’, in Mumbai. Aimed at nurturing sustainability-focused innovation among young architects and designers, the event drew over 800 teams from 120 colleges across India. The Top 8 finalists presented forward-thinking concepts to a jury comprising Ar. Kavitha Selvaraj, Ar. Manish Dikshit, and Shailee Goswami. The top three winning teams—Anurag Singh & Kashish Gala (Rachana Sansad), Afeefah Hoda & Keerthi S, and Naveen Raja & Mohamed Yahya (RVS Padmavathy)—will now head to D..

Next Story
Infrastructure Energy

Stride Green raises US$3.5 million in seed round

Stride Green, a climate-tech asset financing and lifecycle management platform, has raised US$3.5 million in a seed funding round led by Micelio Technology Fund and Incubate Fund Asia, along with other strategic investors. The capital will help scale Stride Green’s tech-driven financing and leasing offerings across clean sectors like electric mobility, battery storage, and renewables. Funds will also support team expansion and future capability building. Founded by Ishpreet Gandhi and Vivek Jain, Stride Green aims to bridge financing gaps in early-stage clean technologies. Its proprietary ..

Next Story
Infrastructure Transport

CM Fadnavis opens last stretch of 701-km Samruddhi Mahamarg

Maharashtra Chief Minister Devendra Fadnavis inaugurated the final 76-km stretch of the Hinduhrudaysamrat Balasaheb Thackeray Maharashtra Samruddhi Mahamarg on 5th June 2025, marking the full commissioning of the 701-km Mumbai-Nagpur expressway. The inauguration ceremony, held in Thane district, was attended by Deputy Chief Ministers Eknath Shinde and Ajit Pawar, along with key officials linked to the project. The newly opened Igatpuri–Amane section completes the six-lane, access-controlled corridor designed to enhance high-speed connectivity across the state. With the expressway n..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?