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NMDC allots Rs 3,309 cr for 2011-12
COAL & MINING

NMDC allots Rs 3,309 cr for 2011-12

NMDC plans to invest Rs 3,309 crore on expansion projects in 2011-12. A bulk of the amount will be spent on building the 3 mn tonne steel plant in Chhattisgarh. The Rs 15,500-crore project is slated to be completed by 2014. Rest of the capex will be for projects such as the Bailadila mines in Chhattisgarh and the Kumarswamy iron ore project and a pelletisation plant at Donimalai in Karnataka. The PSU, which accounts for 15 per cent of the country's total iron ore production, aims to produce 30 mn tonnes of iron ore this fiscal.

Contact: NMDC Ltd.
Tel: 040-2353 8713.
Fax: 040-2353 8711.
E-mail: [email protected]
Website: www.nmdc.co.in

NMDC plans to invest Rs 3,309 crore on expansion projects in 2011-12. A bulk of the amount will be spent on building the 3 mn tonne steel plant in Chhattisgarh. The Rs 15,500-crore project is slated to be completed by 2014. Rest of the capex will be for projects such as the Bailadila mines in Chhattisgarh and the Kumarswamy iron ore project and a pelletisation plant at Donimalai in Karnataka. The PSU, which accounts for 15 per cent of the country's total iron ore production, aims to produce 30 mn tonnes of iron ore this fiscal.Contact: NMDC Ltd. Tel: 040-2353 8713. Fax: 040-2353 8711. E-mail: [email protected] Website: www.nmdc.co.in

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