As many as four companies have evinced interest in buying bauxite calcination plant run by state-owned mining major Gujarat Mineral Development Corporation (GMDC). The plant having a production capacity of 50,000 tonnes per year is located in Kutch district.
The state PSU had floated tenders to sell this plant, which is in working condition, in September this year. "Four companies have shown interests in buying the plant from GMDC," said sources close to the development. While the plant is in working condition, it is not producing at optimum levels, making it financially unviable. The current output is 160 tonnes a day.