NMDC ltd will empanel agencies for implementing “Integrated Village Development Project” for Bailadila Iron Ore Mine at Kirandul Complex in the near future in Bastar, officials informed.
The company's production of iron ore during the 4th quarter stood at 11.35 million tonnes (MT) while registering an increase of 9% over the corresponding period last year (CPlY), a NMDC press release informed.
The sales of iron ore was 10.54 MT which is about 8% more than that of the CPlY.
NMDC’s turnover during the 4th quarter is Rs 3,883 crore, representing an increase of 35% in turnover of CPlY.
NMDC for the year 2017-18 has registered a growth of 5% in production and 1% in sales of iron ore over the corresponding period last year (2016-17).
It has produced 35.58 million tonnes and sold 36.07 million tonnes of iron ore during 2017-18 against production of 34.01 million tonnes and sales of 35.62 million tonnes in corresponding period of last year.
The company has posted a turnover of Rs 11,615 crore, representing an increase of 32% in turnover of CPlY.
