NMDC ltd- the country’s largest iron ore producer and exporter will seek architectural consultancy services for its proposed Township to be developed for its upcoming Integrated Steel Plan (ISP) at Nagarnar in Dantewada district of Chhattisgarh’s Bastar region.
The company has already commenced the process of building necessary infrastructure for its proposed 3.0 MTPA steel plant. It is in the process of constructing new block station, staff quarters, associated P-way and S&T works in connection with the construction of Railway siding, said officials.
The company will also be developing elaborate Plant Storm Water Drainage and Sewerage lines for its 3.0 MTPA Integrated Steel Plant at Nagarnar near Jagdalpur in Chhattisgarh, officials stated. NMDC is in the process of setting up an elaborate Telecommunication system through Server-based Telephone Exchanges along with remote units on Optical Fibre Cable (OCF) Network for its 3.0 MTPA Integrated Steel Plant at Nagarnar near Jagdalpur in Bastar, officials stated.
It recently commissioned its new iron ore mine in Dantewada district of Bastar.
This apart, the mine- Bailadila Iron Ore Deposit 11B, is located in Bailadila hills where the NMDC has already several massive high-quality iron ore mines spread out in Bacheli and Kirandul areas. The company has developed the mine having iron ore production capacity of 7 Million Tonnes Per Annum (MTPA) with an investment of more than `600 crore.
With the commissioning of 11B Project Mine, NMDC has ramped up production capacity from present level of 25 MTPA to 32 MTPA from Chhattisgarh’s Bailadila Sector.
The NMDC ltd is all set to meet its exports commitments with the Centre approving exports under the long Term Agreements to Japan and South Korea through Metals & Minerals Trading Corporation of India (MMTC) for supplying 16.5 million tonnes of high grade iron ore, officials stated.
The quantities covered under the agreement will be in the range of 3.8 million tonnes to 5.5 million tonnes per year and will be supplied primarily from the mines of NMDC ltd--India’s biggest iron ore producer and exporter.
The company is set to provide high grade Indian iron ore from its Chhattisgarh mines to Japanese and South Korean Steel Mills. Iron-ore exports to Japan and South Korea under lTA are largely made in the country from NMDC ltd’s mines in Bailadila, Chhattisgarh.
The export of iron-ore is presently under Open General license. High-grade iron-ore (+64% Fe) is canalised through MMTC ltd. Exports are determined by availability and international market situations.
The Union Cabinet had earlier given its approval to renew long Term Agreement with Japanese and South Korean Steel Mills for supply of high grade Indian iron ore, during the three year period from April 2015 to March 2018, officials stated.
The contract will be executed by MMTC under the Department of Commerce. The Iron ore of higher grade have been supplied by India to Japan and South Korea under lTA during the last four to five decades. These agreements will help continue this relationship and strengthen Indo-Japanese collaboration in several areas of mutual interest, including technology transfer, joint venture, investment, etc, officials stated.
The agreement will also help utilise surplus production of iron ore currently available in India, they stated. The Centre has lTAs signed for supply of high grade iron-ore to Japan and South Korea through MMTC ltd.
Nearly 23.24 per cent of the country's iron-ore reserve are situated in State, and a major part of this reserve is found in Bailadila (Dantewada) and Rowghat. This is the reason why there has been a prolonged demand since more than 50 years to establish a steel plant in this region of Chhattisgarh.
Keeping in view this demand, NMDC ltd has started construction of Steel Plant in Nagarnar area of Jagdalpur, which is underway at an expedited pace, officials stated. Chhattisgarh had only three ‘Non Working’ iron ore mines out of 15 as on April 15, 2015 in the State.