NMDC has received approval to the proposal to demerge its upcoming three million tonne per annum capacity steel plant in Chhattisgarh. The Board of Directors of the company at their meeting held on August 27, 2020, inter-alia, have accorded in-principle approval to the proposal to demerge its NMDC Ironand Steel Plant (NISP), Nagarnar, Chhattisgarh.
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.
