Raipur | May 30, 2017: NMDC Ltd is in the process of developing a reservoir to meet water supply needs for its upcoming 3 MTPA steel plant at Nagarnar near Jagdalpur in Bastar region of Chhattisgarh.
It may be recalled that the company is also laying a cross country pipeline for supply of water from Indravati river to its 3.0 MTPA Integrated Steel Plant coming up at Nagarnar near Jagdalpur in Chhattisgarh, officials informed .
Notably, the company has made a capital expenditure of `4.76 crore as on September 2016 for development of its Bailadila iron ore mines in Naxal heartland Dantewada district during the current financial year.
The company is also now going for construction of the 5th iron ore screening line at its existing screening plant number 2 at Bailadila Iron Ore Mine at Kirandul complex in Dantewada district of Bastar region.
It has also commenced the process for setting up the 2 MTPA ‘iron ore processing plant’ at Bacheli in Bastar region of Chhattisgarh, officials added.
It may also be recalled that NMDC has proposed to use its mine lease area at Deposit number 4 located at Bailadila range of hills at Bhansi near Bacheli in South Bastar’s Dantewada district in Chhattisgarh for meeting the raw material requirement 'exclusively' for its upcoming 3 MTPA Integrated Steel Plant at Nagarnar, officials informed.
The remaining iron ore quantity after meeting the requirement of integrated steel plant at Nagarnar from Deposit 4 will be sold to domestic customers in Chhattisgarh, they informed.
The Deposit - 4 iron ore mine will be developed as a 'standalone project' with an estimated investment of `1899.74 crores.
Notably, NMDC proposes for mining the Deposit number 4 iron ore mine with a production capacity of 7.0 MTPA in the mine lease area of 646.596 hectares.
Notably, NMDC's iron ore requirement for the steel plant would be 5 MTPA.
The exploration work was done at Bailadila Deposit No. 4 by NMDC in the year back in 1972-74. The ore reserves were proved by detailed exploration activities.
The Deposit 4 has a production capacity of 7.0 MTPA and spread in a mining lease area of 646.596 hectares.
In addition to the mining lease area, 95.13 hectares forest land is identified for development of infrastructure such as downhill conveyor, screening plant, loading plant and approach road etc.
Adding yet another feather to its cap, NMDC’s Bailadila Iron ore Mine at Bacheli Complex in Bastar region of Chhattisgarh has bagged the prestigious ‘FIMI Golden Jubilee Award for Excellence’.
Notably, the Cabinet Committee on Economic Affairs (CCEA) has also accorded ‘in-principle’ permission to NMDC Ltd for considering ‘strategic disinvestment’ of its 3 MTPA Steel plant coming up at Nagarnar in Bastar region of Chhattisgarh, the company informed BSE in December last year.
It may also be recalled that NMDC has proposed to use its mine lease area at Deposit number 4 located at Bailadila range of hills at Bhansi near Bacheli in South Bastar’s Dantewada district in Chhattisgarh for meeting the raw material requirement 'exclusively' for its upcoming 3 MTPA Integrated Steel Plant at Nagarnar, officials informed.
The remaining iron ore quantity after meeting the requirement of integrated steel plant at Nagarnar from Deposit 4 will be sold to domestic customers in Chhattisgarh, they informed.
The Deposit - 4 iron ore mine will be developed as a 'standalone project' with an estimated investment of Rs 1899.74 crores.
NMDC Ltd will be getting done an asset valuation of its upcoming 3 MTPA Steel Plant at Nagarnar in Bastar region of Chhattisgarh soon, officials informed.
(Source: http://www.dailypioneer.com/)