Country's top iron ore producer NMDC plans to invest Rs 3,513 crore on its upcoming 3 million tonne per annum capacity steel plant at Nagarnar in Chhattisgarh.
According to the Budget documents, the state-owned firm has kept a capital expenditure target of Rs 4,655 crore in the next fiscal and over 75% of the amount (Rs 3,513 crore) will be spend on the Chhattisgarh plant, which would mark NMDC's entry into steel manufacturing.
Technology Partners: MimirTech
Links:
[1] http://admin.indiaenvironmentportal.org.in/news/nmdc-spend-rs-3500-cr-chhattisgarh-steel-plant
[2] http://admin.indiaenvironmentportal.org.in/category/newspaper/business-standard-new-delhi
[3] http://admin.indiaenvironmentportal.org.in/category/thesaurus/bastar
[4] http://admin.indiaenvironmentportal.org.in/category/thesaurus/national-mineral-development-corporation-nmdc
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/budget
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/iron-and-steel-industry-0
[7] http://admin.indiaenvironmentportal.org.in/category/thesaurus/mining
[8] http://admin.indiaenvironmentportal.org.in/category/thesaurus/karnataka
[9] http://admin.indiaenvironmentportal.org.in/category/thesaurus/industry
[10] http://admin.indiaenvironmentportal.org.in/category/thesaurus/chhattisgarh
