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  • Nmdc Iron and Steel Plant - Jagdalpur - Metal & Steel ...

    Posts about Nmdc Iron and Steel Plant. Mritunjay Pathak updated his profile picture. October 2 at 6:27 AM · Kashish Salhotra is at Nmdc Iron and Steel Plant. June 2, 2018 · Jagdalpur, India · ...

  • NMDC board okays demerger of three-mn-tonne Chhattisgarh ...

    Aug 28, 2020· The NMDC stock was up by 11.98 per cent on the Bombay Stock Exchange (BSE) and closed at Rs 107.50. Sources said, deposit 4 at Bailadila with mineable reserves of up to 107.59 million tonnes was earmarked for the steel plant. NMDC produces about 35 million tonnes of iron ore from its Bailadila deposits in Chhattisgarh and Donimalai in Karnataka.

  • Cabinet approves demerger of Nagarnar Steel Plant from ...

    NSP is a three million ton per annum (mta) Integrated Steel Plant being set up by NMDC at Nagarnar, Bastar District, Chhattisgarh in an area of 1980 acres at revised estimated cost of Rs.23,140 crore (as on 14.07.2020). As on date NMDC has invested Rs 17,186 Crore on the project out of which Rs 16,662 crore is from NMDCs own funds and Rs 524 ...

  • NMDC Says Steel Plant Demerger May Take At Least 8-9 Months

    Aug 28, 2020· The board of NMDC Ltd. has approved the demerger of its upcoming steel plant in Chhattisgarh and said the process will take at least eight to nine months to complete. This, at a time the coronavirus lockdown has disrupted sales of Indias largest iron ore miner.

  • NMDC to supply iron ore to Andhra Pradesh's Kadapa steel plant

    Dec 19, 2019· Under the agreement, the NMDC will supply five million tonnes of iron ore to Kadapa Steel Plant per year. To reduce cost, the NMDC will supply iron ore from the mines closer to the plant

  • Demerged entity will be commissioned as steel plant by ...

    Sep 02, 2020· Demerged entity will be commissioned as steel plant by July 2021: Sumit Deb, CMD, NMDC Sumit Deb, Chairman and Managing Director (CMD), NMDC, talks about the quarter results and COVIDs impact on it, price rise, demerger of the Nagarnar steel plant

  • Steel ministry seeks deferment of NMDC's Nagarnar steel ...

    Sep 30, 2019· NMDC is a part of the divestment plan. Any move to divest NMDCs Nagarnar plant will adversely impact project completion work. The project has already witnessed delay in commissioning and cost overrun, said an official aware of the matter. NMDCs Nagarnar steel plant is

  • NMDCs steel unit hive-off likely to unlock value but ...

    Aug 30, 2020· The steel plant has seen delays in commissioning, which has led to a strain on NMDCs cash flows. Given all the expansions, NMDCs cash per

  • National Mineral Development Corporation - Wikipedia

    Nagarnar Steel Plant. NMDC set up a 3 MTPA capacity greenfield Nagarnar Steel Plant based on HiSmelt technology, 16 km from Jagdalpur in Chhattisgarh state, with an estimated outlay of Rs 20000 crore.. A pure-play miner, NMDC had in 200910 conceived the Nagarnar steel plant with the intention of moving up the value chain and diversifying its portfolio.

  • In case of disinvestment of Nagarnar Steel Plant ...

    Dec 28, 2020· The land was given to the public sector undertaking, the mine was also given to National Mineral Development Corporation (NMDC) on the condition that it would set up a steel plant here. This was the intention of the state government as well as the people.

  • Cabinet approves demerger of Nagarnar Steel Plant from ...

    Oct 14, 2020· Note that NSP is a three million ton per annum (mta) Integrated Steel Plant being set up by NMDC at Nagarnar, Bastar District, Chhattisgarh in an area of 1,980 acres at a revised estimated cost of Rs 23,140 crore (as on July 14, 2020). As on date, NMDC has invested Rs 17,186 Crore on the project out of which Rs 16,662 crore is from NMDC's own ...

  • NMDC plans to sell nearly 49% stake in its Chhattisgarh ...

    Sep 26, 2017· The total investment cost of NMDCs steel plant is estimated at Rs18,000 crore ($2.8 billion), of which the Indian miner has already spent about Rs10,000 crore, the official said.

  • Welcome To NMDC Tender

    [email protected]: Handling and Processing Work of Iron & Steel Slag and Recovery of Scrap for a period of 2 years for 3.0 MTPA Integrated Steel Plant at

  • NMDC steel plant: Latest News & Videos, Photos about NMDC ...

    Dec 01, 2020· NMDCs Nagarnar steel plant was under-construction at a cost of over Rs 20,000 crore, being completely funded by NMDC. The company had been raising non-convertible debentures for completing the steel project. After the demerger, all incremental capital expenditure for the steel plant

  • Cabinet approves demerger of Nagarnar Steel Plant from NMDC

    Oct 14, 2020· NSP is a three million tonne per annum (mta) Integrated Steel Plant being set up by NMDC at Nagarnar, Bastar District, Chhattisgarh in an area of 1980 acres at revised estimated cost of Rs 23,140 crore (as on 14.07.2020). As on date NMDC has invested Rs 17,186 crore on the project out of which Rs 16,662 crore is from NMDCs own funds and Rs ...

  • Govt Approves Demerger of Nagarnar Steel Plant from NMDC

    Oct 14, 2020· NSP is a 3 million tonne per annum (mtpa) integrated steel plant being set up by NMDC in Nagarnar over an area of 1,980 acres at a revised estimated cost of Rs 23,140 crore. As on date, NMDC has invested Rs 17,186 crore on the project, out of which Rs 16,662 crore is from NMDC's own funds and Rs 524 crore has been raised from the bond market ...

  • Cabinet approves demerger of Nagarnar Steel Plant from ...

    Oct 14, 2020· NSP is a three million ton per annum (mta) Integrated Steel Plant being set up by NMDC at Nagarnar, Bastar District, Chhattisgarh in an area of 1980 acres at revised estimated cost of Rs.23,140 crore (as on 14.07.2020). As on date NMDC has invested Rs 17,186 Crore on the project out of which Rs 16,662 crore is from NMDC's own funds and Rs 524 ...

  • CCEA approves demerger of Nagarnar Steel Plant from NMDC ...

    NSP is a three million tonne per annum Integrated Steel Plant being set up by NMDC at Nagarnar in Bastar District of Chhattisgarh in an area of 1980 acres at a revised estimated cost of Rs 23,140 ...

  • State BJP to suggest merger of steel plant with NMDC - The ...

    Feb 07, 2021· State BJP to suggest merger of steel plant with NMDC Special Correspondent VISAKHAPATNAM, February 07, 2021 18:22 IST Updated: February 07,

  • NMDC's Nagarnar Steel Plant demerger expected to be ...

    Apr 11, 2021· Nagar Steel Plant (NSP) is a 3 million tonne per annum (mtpa) integrated steel plant being set up by country's largest iron ore miner NMDC at

  • Motilal Oswal: Demerger Of Steel Plant To Unlock Value For ...

    Aug 31, 2020· The proposed demerger of NMDC Ltd.s steel plant should unlock valuevestment in steel plant stands at approximately Rs 170 billion (Rs 55 per share) and we value it at 50% discount.While Q1 FY21 results were weak as expected (Ebitda plunged 61% YoY) due to the impact of Covid-19, the pricing outlook has improved substantially on better domestic steel prices and demandmerger of steel ...

  • NMDCs new nagarnar steel plant set for cost revision- The ...

    Apr 12, 2019· HYDERABAD: Public sector giant National Mineral Development Corporations (NMDC) proposed $2.2 billion integrated steel manufacturing plant is undergoing a price revision.

  • Nagarnar Steel Plant to be demerged from NMDC for ...

    Oct 15, 2020· NMDC had set up the Integrated Steel Plant at Nagarnar, Bastar district, in an area of 1,980 acres with a revised estimated cost of Rs 23,140 crores.

  • Demerged entity will be commissioned as steel plant by ...

    Sep 02, 2020· Demerged entity will be commissioned as steel plant by July 2021: Sumit Deb, CMD, NMDC Sumit Deb, Chairman and Managing Director (CMD), NMDC, talks about the quarter results and COVIDs impact on it, price rise, demerger of the Nagarnar steel plant and Donimalai mines during a candid chat with Zee Business Executive Editor Swati Khandelwal,

  • State, NMDC ink pact on iron ore supply to Kadapa steel plant

    Dec 18, 2019· The State government on Wednesday entered into a Memorandum of Understanding (MoU) with the National Mineral Development Corporation (NMDC) for supply of iron ore to the Kadapa steel plant.

  • Nagarnar Steel Plant of NMDC to be Privatised - Cabinet ...

    Oct 28, 2020· Nagarnar Steel Plant of NMDC to be Privatised - Cabinet approves NMDC-Nagarnar Steel Plant de-merger nagarnar steel plant | nagarnar steel plant jagdalpur | ...

  • CCEA approves demerger of Nagarnar Steel Plant from NMDC ...

    Oct 14, 2020· New Delhi [India], October 14 (ANI): The Cabinet Committee on Economic Affairs (CCEA) chaired by Prime Minister Narendra Modi has given its in-principle approval to the demerger of Nagarnar Steel Plant (NSP) from National Minerals Development Corporation (NMDC) Ltd. and strategic disinvestment of the demerged company (NSP) by selling the Centre's stake in it to a strategic buyer.

  • State BJP to suggest merger of steel plant with NMDC - The ...

    Feb 07, 2021· State BJP to suggest merger of steel plant with NMDC Special Correspondent VISAKHAPATNAM, February 07, 2021 18:22 IST Updated: February 07,

  • Demerged entity will be commissioned as steel plant by ...

    Sep 02, 2020· Demerged entity will be commissioned as steel plant by July 2021: Sumit Deb, CMD, NMDC Sumit Deb, Chairman and Managing Director (CMD), NMDC, talks about the quarter results and COVIDs impact on it, price rise, demerger of the Nagarnar steel plant and Donimalai mines during a candid chat with Zee Business Executive Editor Swati Khandelwal,

  • Covid-19 delays NMDC's Chhattisgarh steel plant

    Hyderabad: The Rs 21,000-cr steel plant of the state-owned miner NMDC Ltd has been delayed due to Covid-19. The 3-million tonne capacity steel plant is coming up in Chhattisgarh and was scheduled ...

  • NMDC Limited - Locations

    NMDC Iron & Steel Plant P.O. Nagarnar Bastar - 494 001 Chhattisgarh Regional Office, Bhubaneswar NMDC Limited Plot No. A/16, Bhoumanagar, Unit - IV, ...

  • Steel ministry wants to put off sale of NMDC's ...

    Sep 30, 2019· BHUBANESWAR: The Union steel ministry has called for deferring the proposed sale of NMDCs Nagarnar Steel Plant in Chhattisgarh until the plant is commissioned, citing the huge investments involved and sensitivities of the Maoists-affected Bastar district where it is being built. Any move to divest the plant at this juncture would adversely impact the plants completion, the ministry

  • Chhattisgarh ready to buy NMDCs Nagarnar steel plant in ...

    Dec 28, 2020· Nagarnar Steel Plant (NSP) is a three million ton per annum (MTA) Integrated Steel Plant being set up by NMDC at Nagarnar, Bastar District, Chhattisgarh in an

  • NMDC Says Steel Plant Demerger May Take At Least 8-9 Months

    Aug 28, 2020· The board of NMDC Ltd. has approved the demerger of its upcoming steel plant in Chhattisgarh and said the process will take at least eight to nine months to complete. This, at a time the coronavirus lockdown has disrupted sales of Indias largest iron ore miner.. The state-owned company has incurred a capital expenditure of Rs 17,000 crore for the 3-million-tonne-per-annum integrated NMDC ...

  • Demerger of Nagarnar Steel Plant from NMDC Likely to be ...

    Feb 23, 2021· Nagarnar Steel Plant is a 3 million ton per annum Integrated Steel Plant being set up by the NMDC at Nagarnar in Chhattisgarh's Bastar district

  • NMDC falls after getting nod to demerge Chhattisgarh steel ...

    Aug 31, 2020· NMDC has received approval to the proposal to demerge its upcoming three million tonne per annum capacity steel plant in Chhattisgarh. The Board of Directors of the company at their meeting held on August 27, 2020, inter-alia, have accorded in-principle approval to the proposal to demerge its NMDC Ironand Steel Plant (NISP), Nagarnar, Chhattisgarh.

  • Cabinet approves NMDC-Nagarnar Steel Plant de-merger - The ...

    Oct 15, 2020· NSP is a three million ton per annum integrated steel plant being set up by NMDC at Nagarnar, Bastar District of Chhattisgarh in an area of 1,980 acres. As on date, NMDC

  • NMDC: Basking in the spotlight as iron ore demand thrives ...

    Apr 03, 2021· Kazakhstan is a resource rich country and NMDC would love to share its expertise in this space with Kazakh companies. Demerger of Nagarnar Steel Plant (NSP) At the estimated cost of Rs.23,140 crore, NMDC set up a 3 MT steel plant in Chhattisgarh. This was primarily done to ward off the risk emanating from higher dependence on the iron ore ...

  • Govt Approves Demerger Of Nagarnar Steel Plant From NMDC

    Oct 14, 2020· NSP is a 3 million tonne per annum (mtpa) integrated steel plant being set up by NMDC in Nagarnar over an area of 1,980 acres at a revised estimated cost of Rs 23,140 crore. As on date, NMDC

  • NMDC: Deep Dive Valuation - Wisdom of Crowds

    Aug 30, 2020· In addition to this, NMDC is in the process of developing a 3 MTPA steel plant at Jagdalpur. The 2 pellet plants at Donimalai (1.2 MTPA) and at Bacheli (2 MTPA) are already operational. NMDC is taking up diversification activities through its intensive R&D efforts for production of High-Tech and High Value added products from Blue Dust like ...

  • Sale of NMDC's Chattisgarh steel plant - Steel Ministry

    Oct 01, 2019· The cash-rich NMDC Ltd, formerly National Mineral Development Corporation, however, is opposed to the idea of a demerger and disinvestment of the plant. So is the Congress government in Chhattisgarh. Whether it is Nagarnar or (Steel Authority of Indias) Bhilai, we are opposed to disinvestment of PSUs, chief minister Bhupesh Baghel.

  • NMDC Limited - Home

    Corrigendum dated 11-03-2013 - Selection for the post of CMD in NMDC Ltd Incorporated in 1958 as a Government of India fully owned public enterprise. NMDC is under the administrative control of the Ministry of Steel, Government of India.

  • SAIL, NMDC to set up 6 MT steel plant in Chhattisgarh for ...

    Feb 11, 2015· State-run companies SAIL and NMDC have joined hands to set up a 6 million tonne greenfield steel plant at Dilmili in Bastar district of Chhattisgarh at an estimated expenditure of Rs 25,000 crore.. Steel maker SAIL and iron ore miner NMDC Limited will sign a MoU this month to jointly pool in money needed for the project.