Date | Dec 05, 2017:

NMDC Ltd will soon be putting its Bailadila Iron Ore Mining project under a CCTV blanket for further enhancing security in the project area, 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 during the current financial year, officials informed.

It 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 informed.

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.

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.

Further, 50 hectares of non-forest land is also required for installation of railway stock yard, administrative building, loading plant (part), tailing dam, STP and township etc.

The existing iron ore production from other Bailadila mines is catering to requirements of large steel plants and also to local sponge iron / pellet plants in Chhattisgarh.

Mining plan along with progressive mine closure plan has been approved by Indian Bureau of Mines (IBM), for production capacity of 7.0 MTPA vide their letter no: No 314(3)/2012-MCCM (CZ)/MP-19 dated July 26, 2013, officials informed.

NMDC is operating iron ore mines at Bailadila Complex in South Bastar Dantewada District Chhattisgarh and is having long terms commitment for supply of iron ore to major steel plants across the country.

Hence, J.V. Company between NMDC and Chhattisgarh Mineral Development Corporation (CMDC) i.e NMDC-CMDC (NCL) was formed for development of a new deposit in the already prospected areas i.e Bailadila Deposit-4 with a production capacity of 7 MTPA for meeting the iron ore requirement of Steel plant of NMDC at Nagarnar, near Jagdalpur.

It may be also be recalled that NMDC Ltd is going for a complete Energy Audit for Bailadila Iron Ore Mine at Deposit 14 and 11C at Kirandul complex and Deposit 5, 10 and 11A at Bacheli Complex in Bastar region of Chhattisgarh.

The company is also planning to construct a 'rapid iron ore loading system' with a capacity of 14 million tonnes per annum (MTPA) at its Kirandul complex in Bastar , officials informed.

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’.

On the basis of best practices adopted, improvement over the last 10 years, excellence in environment management, social awareness, health and safety, overall mine performance and exemplary Reclamation & Rehabilitation (R&R) efforts by Bailadila Iron Ore Mine at Bacheli Complex, the Federation of Indian Mineral Industry (FIMI) has awarded NMDC’s flagship mine for this One Time Special Award, a company press release informed.

India’s largest iron ore producer NMDC Ltd despite volatile situation in Global Iron and Steel market has achieved record iron ore production of 7.18 MT during the 2nd quarter of 2017-18 registering an increase of 14% over the corresponding period last year (CPLY) , a company press release informed .Sales of Iron Ore was 8.30 MT which is about 4% more than that of the CPLY.

NMDC has posted a Turnover of Rs 2,421 Cr during the 2nd quarter of 2017-18, representing an increase of 39% over the Turnover of CPLY. The company has recorded PBT of Rs 1,241 Cr and PAT of Rs 844 Cr in the 2nd quarter of 2017-18 which is up by around 19% & 10% respectively over CPLY.

Similarly, NMDC’s production of iron ore for the first half year 2017-18 is 15.67 MT registering a rise of 13% over CPLY and sales of iron ore is 17.48 MT which is up by 11% over the CPLY.

NMDC’s Turnover for the first half year of 2017-18 is Rs 5,263 Cr, PBT Rs 2,809 Cr and PAT Rs 1,814 Cr which is increased by 52%, 31% and 22% over the CPLY respectively.

The increase in Turnover, PBT and PAT during the reporting quarter/half year of 2017-18 is mainly due to increase in the sales realization and sales volume, apart from the committed efforts of dedicated team of NMDC, it informed.

(Source: http://www.dailypioneer.com/)