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NMDC CAPITAL EXPENDITURE
Steel companies' outlays could jump 44% on growth hopesPublic sector steel companies are set to significantly boost their capital spending. In FY27, expenditure is projected to jump by nearly 44...- NMDC plans to spend Rs 70,000 crore on capital expenditure in 5 yearsNMDC plans to invest Rs 70,000 crore on capital expenditure over five years to increase production capacity to 100 million tonnes by 2030, ...
- NMDC plans to double iron ore output to 100 million tonne by 2030State-owned miner NMDC plans to double its iron ore production to 100 million tonnes per year by 2030, up from 45 million tonnes in 2023-24...
- NMDC eyes 47 million tonne iron ore production in FY22, to spend Rs 3,720 crore on capexAddressing the 63rd Annual General Meeting through video conference Chairman and Managing Director of the company, Sumit Deb said the iron ...
- Chhattisgarh steel plant demerger to be completed in Q3: NMDCSumit Deb, CMD of the firm said the commissioning of the steel plant would be during the third quarter. Deb said the total capital expendit...
- NMDC's Board approves demerger of iron and steel plant in ChhattisgarhNMDC’s Nagarnar steel plant was under-construction at a cost of over Rs 20,000 crore, being completely funded by NMDC. The company had been...
- NMDC to spend Rs 6,500 cr towards CAPEX in FY 19 and 20According to chairman cum managing director of NMDC, Baijendra Kumar the centre has put on hold the disinvestment plan of the steel plant "...
- Steel PSUs' capex slashed by 11% to Rs 11,317 cr for FY19Meanwhile, the country's top iron ore producer NMDC's capex has been slashed by a huge 27 per cent to Rs 3,778 crore for the next fiscal.
- NMDC invests Rs 1,222 crore to set up Nagarnar steel plantNMDC has carried out pioneering exploration activity for developing iron ore mines in Karnataka in various regions like Kudremukh, Donimala...
- Need government support to check iron ore imports: NMDCThe miner has plans to increase mining capacity to 75 million tonnes per annum by FY19 and 100 MTPA by FY22 from the current level of 34 MT...
- SAIL, RINL, NMDC plan Rs 12,889 crore capital expenditure in next fiscalRINL proposes to spend Rs 1,402 cr towards capital expansion and modernisation of its line plant in Vizag to 6.3 mn tonnes per annum from 3...
- Work on NMDC's Chhattisgarh plant in full swing: Narendra KothariNMDC is developing two new mines - Deposit-11B iron ore project and Kumaraswamy iron ore mine - as part of its ongoing expansion programme.
- SAIL, RINL, NMDC to achieve Rs 15,820-cr capex target in FY2014These three firms have set for themselves an ambitious Rs 14,925 crore capex target for the 2014-15 fiscal.
- Projects worth Rs 4 lakh crore to be put on fast trackThese projects involve companies such as Mangalore Refinery and Petrochemicals, Indian Oil Corporation, Hindustan Petroleum Corporation oth...
- Cash pile of major PSUs like CIL, ONGC and others at Rs 1.62 lakh cr in 2012-13Among these central PSEs, Coal India had the maximum cash and bank balance at Rs 43,776 crore, followed by ONGC, NMDC and NTPC.
- NMDC to spend Rs 3,513 crore on Chhattisgarh steel plant in FY'13NMDC plans to invest Rs 3,513 crore on its upcoming 3 million tonnes per annum capacity steel plant at Nagarnar in Chhattisgarh.
- NMDC,Severstal final agreement for Karnataka plant next monthPrasad Verma said the final agreement between NMDC and Severstal for jointly setting up a steel plant in Karnataka would be signed next mon...
- SAIL to spend Rs 12,250cr next fiscal on capexThe state-owned steel giant SAIL will be spending Rs 12,254 crore in the next financial year mainly to fund its mega expansion programme.
- SAIL to spend Rs 12,250cr next fiscalThe state-owned steel giant SAIL will be spending Rs 12,254 crore in the next financial year mainly to fund its mega expansion programme.
- NMDC denies media reports on divestmentRubbishing media reports about divestment in NMDC, the country's largest iron ore miner today said at present it has no plans to dilute gov...
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