Latest news with #NationalMineralDevelopmentCorporation
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Business Standard
12-05-2025
- Business
- Business Standard
Centre approves expansion of rail network in Chhattisgarh's Bastar district
The Ministry of Railways has approved the plan to expand the rail network in Chhattisgarh's Maoist stronghold, Bastar district. 'Sanction of the President is hereby accorded to the work of 'Rowghat-Jagdalpur New Line (140.00 km)' at a cost of ₹3513.11 crore,' a notification issued by the railway board last week said. The project cost will be borne from the central budget. Bastar has no direct rail connectivity with Raipur and the northern and western parts of India. The only rail line in the region connects Dantewada with Visakhapatnam in the South, mainly used to ferry iron ore from the National Mineral Development Corporation mines located in the district. A state government spokesperson said the land acquisition work for the proposed railway line was nearing completion. Once the project is completed, Jagdalpur will directly connect with Raipur as the railways had already laid a line between the capital city and Rowghat. Due to the Maoist threat, further expansion of the rail network in the region could not be expedited. Once the work of the Rowghat-Jagdalpur rail line is completed, the region will directly connect with the Mumbai-Howrah rail line, facilitating a link with the northern and western parts of the country.
The Hindu
01-05-2025
- Business
- The Hindu
NMDC raises iron ore prices by ₹440 a tonne
State-owned miner National Mineral Development Corporation (NMDC) has raised iron ore prices by ₹440 per tonne effective May 1, 2025. Baila Lump will cost ₹6,440 per tonne, while the same quantity of Baila Fines will come for ₹5,500, the company said, announcing the first price revision this fiscal. The prices were last revised on January 9 to ₹6,000 and ₹5,060 respectively. These are FOR prices inclusive of royalty, DMF as well NMET and exclusive of cess, forest permit fee, transit fee, GST, environmental cess and other taxes, India's largest iron ore producer said in a filing on Thursday (May 1, 2025). The company had revised prices of the key raw material for steel seven times in FY25. Continuing with the ₹5,800 for Lumps and ₹5,060 for Fines, which it had announced effective March 21, 2024, NMDC had increased the prices four times during the fiscal. During the revision effective May 28, 2024, the prices touched the highest for the fiscal at ₹6,450 and ₹5,610 respectively and remained in force for a little over month. The lowest during FY25 was ₹5,350 and ₹4,610 respectively and maintained for close to two months from August 7.
NDTV
26-04-2025
- Business
- NDTV
NMDC Steel Recruitment 2025: Registration Begins For 934 Posts, Check Details
NMDC Steel Recruitment 2025: National Mineral Development Corporation (NMDC) Steel Limited has started the application process for various posts. Interested and eligible candidates can apply by visiting the official website, The last date to fill the application is May 8, 2025. The recruitment drive aims to fill a total of 934 posts. The official notification reads:'Before registering online, the candidates must fulfil the essential requirements of the post and other conditions stipulated in the advertisement. They are advised to satisfy themselves before applying. No enquiry asking for advice as to eligibility will be entertained. While applying for the above post, the applicant should ensure that he/she fulfils all the eligibility and other criteria mentioned above as on the cutoff date and that the particulars furnished are correct in all respects.' NMDC Steel Recruitment 2025: Application Fees A non-refundable application fee of Rs. 500 is required from all candidates. However, candidates belonging to SC, ST, PwBD, and Ex-servicemen categories are exempt from paying the fee, provided they enclose the necessary proof as specified. Without the required certificate or fee payment details, the application will be rejected. NMDC Steel Recruitment 2025: Selection Process Candidates will be selected through a Walk-in Interview at multiple locations: Raipur, Bhubaneshwar, Rourkela, Bokaro, Durgapur, Hospet, and Jharsuguda. During the online application, candidates can choose their preferred interview location. The final allocation will be based on availability, decided by a duly constituted committee. Only candidates with verified documents, as per the notification, will be allowed to participate in the interview. Suitability will be assessed through the Walk-in-Drive Interview after document verification. NMDC Steel Recruitment 2025: Period of Contract The contract period will initially be up to three years or until the age of 60, whichever comes first. Performance-based extensions may be considered beyond the initial period, subject to organizational requirements.
