HgCdTe material has been intensively studied for more than half a century due to its paramount importance for infrared optoelectronics. Development of IR sensors has driven the HgCdTe growth techniques, in particular molecular beam epitaxy (MBE), which nowadays allows producing high quality epitaxial structures with in situ control of layers composition and thickness. Besides bulk epilayers with high uniformity and low residual carrier density (~10 14 cm -3) MBE can also provide HgCdTe based heterostructures with quantum wells (QW) energy spectrum of which can be tuned by changing QW width and Cd content in it. A number of peculiar fundamental properties [1,2] were demonstrated in such systems as well as pronounced long-wavelength photoconductivity (PC) up to THz range [3,4]. However, processes of light emission from narrow gap HgCdTe were less investigated; in particular, spectra of interband photoluminescence (PL) from HgCdTe based structures in very long wavelength infrared range (VLWIR) are scarce in literature. Stimulated emission was investigated only in wavelength region up to 5.3 µm [5,6]. In this work we have examined the optical properties of a number of Hg1-xCdxTe bulk epilayers and heterostructures with QW based on narrow gap HgCdTe aiming to reveal the prospects of such structures for laser development in LWIR and VLWIR ranges.