NMDC sets 100 MT iron ore production target by 2030
By the targeted year 2030, the government also aims to increase India's total steelmaking capacity to 300 MT. Iron ore is the main ingredient used for producing the metal besides coking coal
By the targeted year 2030, the government also aims to increase India's total steelmaking capacity to 300 MT. Iron ore is the main ingredient used for producing the metal besides coking coal
The state also said the iron ore miner had not paid 10.23 billion rupees ($134.51 million) in remaining penalties over alleged violations, adding that the miner was not keeping up its commitments that included a housing scheme
Deb currently holds the position of Director (Personnel) at the mining major.
Last week, the Ministry of Coal allotted Rohne and Tokisud North coal mines in the Hazaribagh district of Jharkhand to the state-owned iron miner.
This would ensure coking coal requirements for its upcoming steel plant at Nagarnar in Chhattisgarh to some extent
An inter-ministerial group is expected to meet soon to discuss the stake sale
NMDC had given the contract to BHEL in 2011. BHEL was to complete the work till February 28, 2014.
It added that the targets were fixed without giving due cognisance to adverse findings of the consultant appointed for the purpose and without taking into consideration the declining trend in the domestic and international prices of iron ore
NMDC has been keen on acquiring coal assets in South Africa
The Visakhapatnam Port Trust will have covered storage for coal soon as it has plans to start construction this year. Consultant was also appointed for the detailed designs of 2.5 lakh tonnes storage facility.
The charging of the Coal Handling System gains significance because the three million tonne per annum (mtpa) capacity Nagarnar Steel Plant is expected to handle close to 2.5 million tonne of coking coal annually to feed its two Coke Ovens.