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NMDC receives CCEA nod for strategic disinvestment of Nagarnar Steel Plant

03 Dec 2016 Evaluate

NMDC has received CCEA approval for strategic disinvestment of its Nagarnar Steel Plant. The Government of India, Ministry of Steel has communicated the ‘in-principle’ decision of the Cabinet Committee on Economic Affairs (CCEA) of Government of India to consider strategic disinvestment of the Nagarnar Steel Plant of NMDC.

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.



Peers
Company Name CMP
Coal India 393.50
NMDC 67.66
Ashapura Minechem 427.65
Sandur Manganese 168.00
GMDC 438.85
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