The Central government has asked disinvestment-bound PSU Neelachal Ispat Nigam Limited to operationalise its captive iron ore mine with an EC limit of 2 mn t and sell the produce in the open market. The decision was taken amid “drastic reduction of iron ore production in the country”, the Union Ministry of Mines notification states. NINL, which has a 1.1 mn t steel plant in Odisha, can sell up to 25% of its total annual production or till the disinvestment of the company, the government order states.
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