Chhattisgarh to grab bigger piece of NMDC's Rs 70,000 cr capex pie

Quick Summary:

NMDC unveiled the plan at a vendor meet in Hyderabad on Tuesday.

NMDC is also increasing the capacity of the Kottavalasa-Kirandul (KK) line from 28 MTPA to 40 MTPA.

The company is laying a 15 MTPA slurry pipeline, developing a 4 MTPA beneficiation plant in Bacheli, and setting up a 2 MTPA pellet plant at Nagarnar, with plans to expand it to 6 MTPA.

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Article Details

Category: BusinessFinance

Markets: India

Topics: Capital expenditure NMDC capex Plan NMDC Chhattisgarh Chhattisgarh National Mineral Development Corporation Hyderabad

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-30 @ 18:22:14 (15 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 452 words

Reading Time: 3 minutes read

Sentences: 18 lines

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Copyright Owner: © Business Standard

News ID: 25632263

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