NMDC is reportedly planning to set up a mega steel plant project in Odisha. In this regard, the company has proposed to use the government land earmarked for abandoned ArcelorMittal project for construction of its proposed steel plant.
The mining company is in talks with Odisha Industrial Infrastructure Development Corporation (Idco), the land acquiring agency of state government, to avail the land and other clearances.
NMDC is a state-controlled mineral producer of the Government of India. It is fully owned by the Government of India and is under administrative control of the Ministry of Steel.