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    Nagarnar Steel Plant

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    • SCI, NMDC Steel at advanced stages of strategic sale, await nod from PMO

      However, according to a senior official, strategic stake sales in government companies are not as easy now, given strong opposition and the compulsions of coalition politics.

    • SAIL shares rise after report of steel union proposing merging three companies with PSU major

      Brokerage analyst Centrum Broking sees the news report as "big positive" for SAIL as it will help to fast track expansion at minimum capex and drive future earnings growth and lead to value unlocking.

    • Govt invites bids for privatisation of NMDC's Nagarnar Steel Plant

      The last date for submitting bids for NMDC Steel Ltd is January 27, 2023, while the last date for submitting queries is December 29, 2022, the Department of Investment and Public Asset Management (DIPAM) said.

    • NMDC shareholders, creditors approve Nagarnar Steel Plant demerger: CMD Sumit Deb

      The demerger of NSP from NMDC is progressing, Deb who was in the national capital, told PTI.

    • NMDC shareholders, creditors to discuss Nagarnar Steel Plant demerger on June 7

      The Centre is aiming to complete the demerger of NSP from MMDC within the next four to five months, according to an official document.

    • NMDC: Better off avoiding now

      Investors keeping track of NMDC need to take note of the demerger of steel plant and its commissioning

    • Govt approves demerger of Nagarnar steel plant from NMDC

      The CCEA has taken note that the process of demerger and disinvestment will be initiated in parallel and disinvestment of the demerged company (NSP) is expected to be completed by September 2021, it said.

    • Tomar asks NMDC to raise output to meet 75 MT trgt by 2020

      Senior officials of Ministry of Steel and NMDC were present during this meeting. The iron ore production of the company during 2014-15 touched a record at 30.44 MT as against 30.02 MT in 2013-14. NMDC has planned a capex of Rs 3,500 crore for 2015-16 fiscal and expects iron ore prices to firm up.

    • PSUs plan Rs 1.41 lakh crore capex for FY14

      The Prime Minister‘s Office (PMO) last week convened a meeting of the public sector undertakings (PSU) heads to set aside capex for FY14.

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