GMDC clears Limestone linkage for cement plants

Ahmedabad : To sign agreements with ACC, Adani and Anil Ambani controlled Reliance. State-promoted mineral major Gujarat Mineral Development Corporation (GMDC) has cleared the decks for limestone supply to some of the cement projects signed during the Vibrant Gujarat Summit. Companies like Anil Ambani Group's Reliance Cementation, ACC and Adani are likely to sign long term supply agreements with GMDC soon, sources close to the development informed.

Highly placed sources in mining outfit informed that GMDC has allocated close to 10 million tonnes of limestone reserves for four cement manufacturing projects. "We had received expressions of interest (EoIs) from six or seven cement players. Of them we have short-listed around four companies and have also identified limestone from our own reserves. We are now waiting for government approval to enter into longterm supply agreements with these companies," said a GMDC official. At least three of these companies are major players like ACC, Reliance Cementation and Adani Enterprises. GMDC has allocated 2.5 million tonnes of limestone reserves for each at Kutch.