Business Corner

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Big boost to NMDC: C’garh extends Mining Leases

New Delhi: NMDC Limited gets big boost as the Chhattisgarh Government extended the lease of four mines that are due for extension in March 2020. The public sector mining major, which has been in the business of mining iron ore for over six decades, operates three iron-ore complexes in the country. Two are in Dantewada district of Chhattisgarh — sharing major proportion of company’s total output and one is located in Karnataka’s Donimalai, Of the NMDC’s 33-million tonnes per annum (MTPA) production, Chhattisgarh’s two complexes in Bacheli and Kirandul under Bailadila projects contributed about 24 MTPA (in 2018-19). NMDC started the exercise for renewal of leases of Bailadila Projects well in advance in the State of Chhattisgarh.

Two-day Strategy Conference commences

New Delhi: A two-day Strategy Conference commenced on Tuesday at the Rajarhat Complex of OFB. The conference was chaired by DGOF & Chairman, OFB. Members/OFB were present. Sr GMs/GMs from the Ordnance factories participated in it. The conference is aimed at deliberating on various strategies to improve the performance of the OF organisation. OFB is emphasisingon enhancing performances by improving relations with the customer and at the same time by furthering the flagship programme of the Government — ‘Make in India’. In this context, the conference holds a significant approach for futuristic needs of the organisation as a whole.

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