NMDC aims to produce about 45 million tonnes (MT) of iron ore during the next financial year as against the expected 35 MT in the current fiscal.
The state-run miner has spent about Rs 13,000 crore so far on the steel plant that is coming up in Nagarnar, Chhattisgarh and expects to spend about Rs 2000 to Rs 3000 crore more to complete it.
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.
