Stock Report

GMDC promotes Green Energy towards a Sustainable Future

Posted On : 2022-12-14 17:33:01( TIMEZONE : IST )

GMDC promotes Green Energy towards a Sustainable Future

Gujarat Mineral Development Corporation (GMDC), a leading mining PSU, has today announced that they are promoting a green and sustainable future. Towards this, the company has introduced Electric Vehicles at its corporate office in Ahmedabad to promote green energy and sustainable development.

A total of 14 Electric Vehicles have been introduced replacing conventional vehicles. The company has always believed in green energy and environmental responsibility as a mining company. This initiative is the company's contribution towards a clean environment as the electric vehicle is having zero-emission, and will not pollute the air. GMDC can help reduce the environmental impact of charging cars further by choosing renewable energy options.

As a part of future projects, GMDC is taking steps to venture into the mining, processing and refining Rare Earth Elements. This will reduce India's dependence on imported Rare Earth Elements while providing fuel for Clean Energy, building an economically stronger and environmentally greener nation.

Mr. Roopwant Singh, IAS, Managing Director, GMDC, said, "E-mobility is imperative for addressing pollution in the country. Working towards a zero-emission environment by introducing these EVs, we at GMDC are hoping to create awareness about Green Energy which is beneficial for Sustainable development".

Shares of Gujarat Mineral Development Corporation Limited was last trading in BSE at Rs. 154.85 as compared to the previous close of Rs. 152.40. The total number of shares traded during the day was 127241 in over 2273 trades.

The stock hit an intraday high of Rs. 158.45 and intraday low of 152.25. The net turnover during the day was Rs. 19900022.00.

Source : Equity Bulls


GujaratMineralDevelopmentCorporation INE131A01031 GMDC Mining Green SustainableFuture