NTPC Signs Strategic MoUs with GMDC for Coal Utilisation and Gasification Projects
New Delhi: NTPC Limited has signed two Memorandums of Understanding (MoUs) with Gujarat Mineral Development Corporation Limited (GMDC) to explore strategic collaboration in the utilisation of coal and lignite resources.
The announcement was made through a press release dated February 26, 2026, under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. NTPC is listed on BSE (Scrip Code: 532555) and NSE (Symbol: NTPC).
Strategic Partnership for Coal Supply to NTPC Power Stations
The first MoU focuses on establishing a partnership for the utilisation of coal from GMDC’s coal blocks. The coal will be supplied for power generation at NTPC’s existing as well as upcoming power stations.
This move is expected to improve long-term fuel security for NTPC while optimising domestic coal utilisation.
Collaboration on Coal and Lignite Gasification Projects
The second MoU aims to explore opportunities in coal and lignite gasification along with downstream commercialisation. The scope includes development of pilot projects and utilisation of syngas for industrial and energy applications.
Coal gasification is seen as a cleaner way of utilising domestic coal resources and aligns with India’s broader energy transition strategy.
Leadership Presence at Signing Ceremony
The MoUs were signed in the presence of Shri Gurdeep Singh, CMD of NTPC, and Shri Roopwant Singh, IAS, MD of GMDC, along with other senior officials from both organisations.
Strategic Significance for India’s Energy Security
The collaboration is expected to:
• Enhance domestic coal utilisation
• Promote clean coal technologies
• Strengthen energy security
• Support India’s energy self-reliance goals
• Encourage innovation in gasification technologies
For NTPC, the agreement strengthens long-term fuel linkage security while opening new avenues in alternative coal-based technologies.
What Investors Should Watch
Investors may monitor:
• Progress on coal supply agreements
• Development of gasification pilot projects
• Capital expenditure commitments
• Impact on NTPC’s long-term fuel cost structure
• Policy support for coal gasification initiatives
The partnership reflects NTPC’s strategic push toward securing raw material supply while exploring cleaner energy pathways.
Conclusion
The signing of two MoUs between NTPC and GMDC marks a significant step toward strengthening India’s coal value chain and promoting advanced gasification technologies. While financial details are yet to be disclosed, the collaboration aligns with NTPC’s long-term growth and energy diversification strategy.