NMDC to begin work on Chhattisgarh steel plant in October

RAIPUR - The country’s largest iron ore miner in the public sector, NMDC, will begin construction of a three-million-tonne, integrated steel plant in Chhattisgarh in October, the state government said Wednesday.

“The plant that will come up in Chhattisgarh’s Bastar district will begin production after 40 months from the date construction work begins,” the government said, quoting information made available to it this week by the company’s chairman-cum-managing director, Rana Som.

It said a majority of the recruits for the project will be from the local population.

NMDC sources told IANS the steel plant will see a total investment of over Rs.15,000 crore and some 5.5 million tonnes of iron ore needed annually would be sourced from the company’s Bailadila mines in the state’s Dantewada district.

NMDC produces nearly 77 percent of its total annual iron ore output from Kirandul and Bacheli mines in Bailadila.