NMDC clocks 30 million tonnes production third year in a row

NMDC’s iron ore projects have clocked their best in a single day, monthly and annual production and sales figures in 2018-19 FY

GN Bureau | April 9, 2019


#NMDC   #production   #iron   #PSU  

The key producer of iron ore, National Mineral Development Corporation has surpassed 30 million tonnes figure of production and sales in 2018-19 FY third year in a row.

 
The PSU said that in spite of suspension of Donimalai mine operations for five months, no exports upto August 2018, highest rainfall in Bailadila Sector and poor off take in Karnataka in quarter one (Q1), it has produced 32.44 million tonnes and clocked sales of 32.38 MT iron ore in the last fiscal.
 
During the year, NMDC’s iron ore projects have clocked their best in a single day, monthly and annual production and sales figures. It registered highest ever monthly dispatches which stood at 37.95 lakh tonne in March 2019· It also posted highest ever single day production of 1.91 lakh tonne as on March 31, 2019.
 

Comments

 

Other News

Green banking: an emerging way forward

Green Banking is an initiative taken by the banks to promote environment-friendly practices and reduce carbon footprint of their activities. Green financing (a part of ‘Green Banking’) is a broad term that can refer to a financial investment flowing into sustainable development projects and ini

GST revenue in May clocks 12% y-o-y growth

The gross Good & Services Tax (GST) revenue collected in the month of May, 2023 is ₹1,57,090 crore of which CGST is ₹28,411 crore, SGST is ₹35,828 crore, IGST is ₹81,363 crore (including ₹41,772 crore collected on import of goods) and cess is ₹11,489 crore (including ₹1,057 crore collecte

Need local solutions to climate change: P Velrasu of BMC

Climate change rising temperature and sea levels are posing new risks for coastal cities. With population growth rate of 1%- 2% in India every year, Mumbai too is growing and is population will double from 20 million to 40 million in the coming years. The city is also at the risk of rising sea level. It ne

Civil Services 2022 Top 20 felicitated

Union Minister of State (Independent Charge) for Science and Technology, MoS PMO, Department of Atomic Energy and Department of Space and MoS Personnel, Public Grievances and Pensions, Dr Jitendra Singh on Tuesday interacted with and felicitated the first 20 All India Toppers of IAS/ Civil Services Exam 20

Boost to offshore wind energy projects

In a major decision, the Government has decided to grant waiver of ISTS charges to Off-Shore Wind Projects and extend the waiver to Green Hydrogen/Green Ammonia. This decision has been taken to facilitate wider execution of offshore wind energy initiatives, to promote the expansion of Green Hydrogen / Gree

Duty of stakeholders to provide cost effective, alternate energy fuels: Gadkari

Urging use of alternative and cost effective fuels to reduce pollution caused by vehicles, union road transport and highways minister Nitin Gadkari on Thursday said finding cost-effective fuels is the need of the hour and underlined that use of fuels like bio-CNG and green hydrogen help in protecting the e

Visionary Talk: Amitabh Gupta, Pune Police Commissioner with Kailashnath Adhikari, MD, Governance Now


Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter