Saturday, February 26,
State-run miner NMDC is hopeful of increasing its ore dispatch capacity by 3-4 million tonne per annum with the completion of doubling work in Bailadilla mines in Chhattisgarh, connecting it to the main line up to Visakhapatnam in Andhra Pradesh..*
NMDC has several mines at Bailadila in insurgency-riddled Dantewada district where it produces over 70% of its total annual iron ore output and rest from mines in Karnataka.
According to S Thiagarajan, Director (finance), NMDC, they had entered into an MOU with Indian Railways sometime ago on the Bailadilla- Kirandul railway line doubling project according to which NMDC will fund the project and Railways will construct the railway line.
It is a very critical line for NMDC with 150 km-single line from where currently they are dispatching around 18 million tonne of iron ore, he said.
To a query on freight charges, Thiagarajan said as there was no mention of freight charges in the Railway Budget, the company does not foresee any impact on the ore prices.
“As far as freight is considered there may not be any impact. Railways charge Rs 780 per tonne for the ore meant for domestic consumption and Rs 2,546 for export purpose,” he explained.
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