Not looking for a partner in NMDC's Nagarnar steel plant: Govt
NMDC, is setting up a 3-mtpa integrated steel plant in Nagarnar in Bastar district of Chhattisgarh
New Delhi: The steel ministry Thursday said it is not looking for a partner in the state-owned NMDC's 3-mtpa steel plant at Nagarnar for which the government is lining up around Rs 15,525 crore.
Asked if the government is looking for a partner for the Nagarnar steel plant, Steel Minister Chaudhary Birendra Singh told reporters here: "No, not at all."
He further said: "But I feel that if something is there, it should be made operational at the earliest possible. I told them (NMDC) that you have the resources and this is a PSU where they are comfortable... I think NMDC has invested over Rs 12,000 crore in the plant."
The country's largest iron ore miner, NMDC, is setting up a 3-mtpa integrated steel plant in Nagarnar in Bastar district of Chhattisgarh.
In June this year, an environment ministry panel gave clearance to a captive iron ore mine in Bastar for the plant.
The plant is expected to start trial production by mid-2017.
The Bailadila Deposit-4, which has mineable iron ore of around 108 mt, will entail an investment of around Rs 1,900 crore.
The Chhattisgarh government and NMDC have inked an MoU for a slurry pipeline from Bailadila to Nagarnar, along with ore processing plants at Bailadila and a 2-mtpa pellet plant at Nagarnar with an investment of Rs 4,000 crore.
Nine killed, 14 injured in blast at Bhilai steel plant in Chhattisgarh; SAIL says fire under control
The explosion took place around 10.30 am in a gas pipeline connected to the coke oven section of the plant in Bhilai town, around 30 kilometres away from the Chhattisgarh capital.
A magisterial probe has been ordered into the incident of leakage of poisonous gas at SAIL's Bhilai, a city located in the central Indian state of Chhattisgarh plant, in which six people, including two Deputy General Managers, were killed and about 30 others injured.
Bhilai Steel Plant explosion: Chhattisgarh Police files FIR against four officials, charges them with negligence
The explosion had occurred in a gas pipeline at the plant of the state-owned Steel Authority of India Limited (SAIL) in Durg district's Bhilai town.