Advance 100-mtpa output target by 4 yrs: Govt to NMDC
17 Dec 2014 1:02 AM GMT
At a review meeting here, Steel Minister Narendra Singh Tomar also directed the country's largest iron ore producer to achieve the 75 mtpa target by 2018-19 against NMDC's current production of around 30 mtpa.
The minister "directed NMDC to enhance production incrementally and aim for annual production of 75 mtpa iron ore by 2018-19 and 100 mtpa by 2020-21, to increase iron ore availability in the country", said an official release after the meeting.
"After due deliberations, it was decided that NMDC will increase production every year to reach the target of 75-100 million tones. It was also decided to incorporate this target in the MOU that the company signs with the government," it added. Tomar underscored the fact that raw material availability at reasonable prices was essential for economic development of the country.
"He directed NMDC to use all resources in its command, to achieve this ambitious target and remarked that this achievement will be the most important criterion while assessing the performance of the company," the statement said.
The minister "directed NMDC to enhance production incrementally and aim for annual production of 75 mtpa iron ore by 2018-19 and 100 mtpa by 2020-21, to increase iron ore availability in the country", said an official release after the meeting.
"After due deliberations, it was decided that NMDC will increase production every year to reach the target of 75-100 million tones. It was also decided to incorporate this target in the MOU that the company signs with the government," it added. Tomar underscored the fact that raw material availability at reasonable prices was essential for economic development of the country.
"He directed NMDC to use all resources in its command, to achieve this ambitious target and remarked that this achievement will be the most important criterion while assessing the performance of the company," the statement said.
Next Story
