Tag: India NMDC’s Nagarnar Plant

State-run pure-play iron ore miner NMDC is in talks with banks and other financial institutions to raise around INR 5,000 crore debt in order to part-fund its under-construction INR 21,300 crore Nagarnar Steel Plant in Chhattisgarh – likely to be operationalised by Oct’21. Against an estimated expenditure of INR 15,525 crore for the plant, NMDC…