NMDC has emerged as the highest bidder for a gold mine located in Chittoor district, Andhra Pradesh through e-auction. The company and the state government will enter into Mine Development and Production Agreement once all the necessary permissions such as environmental clearances are obtained.
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.
| Company Name | CMP |
|---|---|
| Coal India | 441.65 |
| NMDC | 88.81 |
| GMDC | 691.40 |
| Sandur Manganese | 213.50 |
| MOIL | 321.05 |
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