NMDC awards project and construction management contract to Mecon

28 Apr 2012

NMDC, India’s biggest iron ore miner has awarded the project and construction management contract (PMC) to state-run consultancy firm Mecon. The PMC is for the iron ore miners Rs 15,525-crore three mtpa integrated Chhattisgarh steel plant.

The amount of contract has not been disclosed by NMDC however, the implementation schedule of the plant is 48 months. The Chairman of the company and Mecon's commercial director has signed the said contract in Hyderabad.

NMDC with an investment of Rs 15,525 crore, is developing a three mtpa steel plant at Nagarnar in Chhattisgarh which would be funded from its internal resources. The plant would use the blast furnace (BF) and basic oxygen furnace (BoF) route for iron and steel making.

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