Small Business

NMDC-SAIL join hands for Himachal project

State-owned mining company NMDC Limited and Steel Authority of India (SAIL) will jointly develop a limestone project at Arki in Himachal Pradesh with a three-million tonne per annum capacity. - Maoists explode bomb in SAIL mine - Govt for 20% stake sale in SAIL - Sail rises on new project plans - Jharkhand govt gives major ore lease to SAIL - Jharkhand agrees to renew Chiria leases to SAIL - Sensex gains 189 points, led by Maruti Suzuki, SAIL A memorandum of understanding was signed in New Delhi on Monday in the presence of steel minister Virbhadra Singh and minister of state for steel A Sai Prathap. NMDC holds the mining lease for limestone in Arki and has deposit of about 100 million tonne of SMS grade limestone, a key input for steelmaking. The project will ensure limestone security for steel plants of SAIL and also for NMDC’s steel plant being set up at Nagarnar in Chhattisgarh, according to a press release.


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