Mr Virbhadra Singh union minister for steel disclosed that MoUs will be signed between the steel companies and National Mining Development Corporation for supply of limestone.
Mr Singh told that " NMDC will soon sign MoUs with end users, especially steel plants, as the limestone to be extracted in the Arki region is a vital raw material for making steel.”
He added that "NMDC has already reached an agreement with Gujarat Ambuja Cements Ltd to supply limestone to its cement plants. Similar, agreements would be signed with other companies too.”
NMDC has been permitted to extract limestone from the Arki region of Solan district last year by the Himachal Pradesh government. This is one of the biggest mining projects in the state with an investment of more than INR 5 billion. An annual royalty of INR 110 million will be provide to the state government and NMDC will generate direct and indirect employment for more than 5,000 people.
Monday, August 31, 2009
NMDC to ink MoUs with steel makers for Arki limestone
0 comments:
Post a Comment