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NMDC pays Rs 200 crore advance royalty to Chhattisgarh govt to help fight coronavirus

01 Apr 2020 Evaluate
NMDC has made an advance royalty payment of Rs 200 crore to the Chhattisgarh government to help the state fight coronavirus pandemic. The company will be extending a financial assistance of Rs 150 crore towards PM-CARES Fund.

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 389.45
NMDC 67.21
Ashapura Minechem 409.00
Sandur Manganese 162.00
GMDC 412.20
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