NMDC commissions Rs 5,427 crore iron ore processing, slurry pipeline, pellet plant
NMDC Ltd · Minerals & Mining
What the filing says
- NMDC Ltd commissioned a 2 MTPA pellet plant at Nagarnar, part of a Rs 5,427 crore integrated project
- The project includes an iron ore processing plant at Bacheli, a 15 MTPA slurry pipeline (135 km), and the pellet plant
- The slurry pipeline connects Bacheli mines with Nagarnar steel plant, reducing road transport and aiding iron ore fines utilization
Why it's rated notable: amount is ₹500 crore or more
Figures checked against the filing by a second AI read. About the business, not the share price.
Original filing
Press Release - NMDC Commissions Rs 5,427 Crore Iron Ore Processing Plant, Slurry Pipeline And Pellet Plant In Bastar, Chhattisgarh.
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Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.