As per the guidelines, the construction activity was allowed from April 20 with strict safety measures.A company official said there are about 10,000-12,000 workers involved in the construction of the plant, but as almost half of them are unavailable, the progress of the work is extremely slow and will take months to complete.Earlier, the plant faced commissioning delays due to local agitation over talks of privatisation and BHEL not being able to complete raw material handling.The plant was in the list of public sector enterprises lined up by the Department of Investment and Public Asset Management (DIPAM) for strategic divestment.
NMDC, the country's largest iron ore miner under the Ministry of Steel, is setting up its first steel plant having capacity of 3 million tonne per annum (MTPA) at Nagarnar in Bastar district of Chhattisgarh.
New Delhi, Jul 26 (PTI) State-owned NMDC's steel plant at Nagarnar, Chhattisgarh, is facing delays in commissioning due to disruptions caused by the COVID-19 pandemic, a … New Delhi, Nov 26 (PTI) State-run miner NMDC Monday said it … NMDC, in its investor presentation, confirmed that investment for the plant was under revision. The project is already facing delays of several months in its completion. It is an ambitious project of the country's largest iron ore miner as it would mark NMDC's foray into the growing domestic steel sector. As per the guidelines, the construction activity was allowed from April 20 with strict safety measures. Sep 15, 2016, 15:15 PM IST x DOWNLOAD. New Delhi, Jul 26 (PTI) State-owned NMDC's steel plant at Nagarnar, Chhattisgarh, is facing delays in commissioning due to disruptions caused by the COVID-19 pandemic, a top company official has said.The steel plant, which had missed its completion schedule earlier as well, is now expected to take one more year to start production.
NMDC is setting up a 3 MTPA Steel Plant at Nagarnar in Chhattisgarh, for which most of the major packages have been finalized and awarded. PTI ABI MKJBollywood Actress and TV Host Mandira Bedi Buys Herself a Tata Nexon EV Electric SUVZydus Cadila launches Remdesivir injection at Rs 2,800Bill Gates Says Coronavirus Will End For Developed Nations by 2021Check Personal Loan Interest Rates Of Top 10 Banks On Rs. NMDC has carried out pioneering exploration activity for developing iron ore mines in Karnataka in various regions like Kudremukh, Donimalai, Bababudan, Kumaraswamy and Ramandurg. State-owned NMDC's steel plant at Nagarnar, Chhattisgarh, is facing delays in commissioning due to disruptions caused by the COVID-19 pandemic, a top company official has said.The steel plant, which had missed its completion schedule earlier as well, is now expected to take one more year to start production.The National Mineral Development Corporation (NMDC) was first expected to commence steel production at its Nagarnar plant in July 2019, but failed to do so and then the commissioning deadline was shifted to 2020.NMDC's outgoing chairman and managing director N Baijendra Kumar told PTI, "Due to COVID-19 outbreak, workers have gone back (to villages) and as there are travel restrictions, experts are unable to travel to India to carry out certain trials at the site." The country's largest i nagarnar steel plant nmdc Latest Breaking News, Pictures, Videos, and Special Reports from The Economic Times. or medium without express writtern permission of moneycontrol.com is prohibited.172@29@17@104!~!172@29@0@53!~!|news|business|nmdcs-nagarnar-steel-plant-faces-further-delays-in-commissioning-amid-covid-19-disruptions-5600561.html!~!|controller|infinite_scroll_article.phpLast Updated : Jul 26, 2020 07:47 PM IST | Source:
Get latest NMDC News/Updates and Results/Analysis. The plant was in the list of public sector enterprises lined up by the Department of Investment and Public Asset Management (DIPAM) for strategic divestment. It is an ambitious project of the country's largest iron ore miner as it would mark NMDC's foray into the growing domestic steel sector.On the project's timelines, Kumar said it was to be completed in July 2020, but "now it will take another one year".The CMD said that apart from labour issues, there are other factors like machinery used in the plant has to be imported.Kumar said that after the COVID-19 outbreak, experts from European countries like Denmark and Austria could not come to conduct certain trials required before commissioning the plant.After the coronavirus lockdown in March, the construction work of the plant was completely stopped.The work resumed only in April after the government announced fresh guidelines for enforcing the second phase of lockdown. The project is already facing delays of several months in its completion. NMDC invests Rs 1,222 crore to set up Nagarnar steel plant 18 Dec, 2016, 03.43 PM IST. NMDC, in its investor presentation, confirmed that investment for the plant was under revision. A company official said there are about 10,000-12,000 workers involved in the construction of the plant, but as almost half of them are unavailable, the progress of the work is extremely slow and will take months to complete. NMDC, the country's largest iron ore miner under the Ministry of Steel, is setting up its first steel plant having capacity of 3 million tonne per annum (MTPA) at Nagarnar in Bastar district of Chhattisgarh. NMDC, MOIL's Rs 8,400-cr buyback offers to open Sep 19 Mining giant NMDC and manganese miner MOIL said their share buyback programmes worth close to Rs 8,400 crore will open next week on September 19. India WebPortal Private Limited.
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