NMDC is ramping up its iron ore mining capacity and is planning to set up a new integrated steel manufacturing plant at a cost of $2.2 billion (about Rs 15,335 crore).
The steel plant is likely to be commissioned during the second half of 2019-20 (October 2019 to March 2020).
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 | 443.10 |
| NMDC | 88.45 |
| GMDC | 689.50 |
| Sandur Manganese | 212.40 |
| MOIL | 322.35 |
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