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    NMDC

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    Awadhesh Sharma
    NMDC Ltd is India's largest iron ore mining company, controlled by the Ministry of Steel. It has iron ore mines in Chhattisgarh and Karnataka, as well as a diamond mine in Madhya Pradesh. As of 2015, the government owned 80% of NMDC. The company produces over 300 million tonnes of iron ore annually as well as diamonds and sponge iron. NMDC is expanding its operations through new mines and an integrated steel plant.

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    NMDC

    Uploaded by

    Awadhesh Sharma
    98 views5 pages
    NMDC Ltd is India's largest iron ore mining company, controlled by the Ministry of Steel. It has iron ore mines in Chhattisgarh and Karnataka, as well as a diamond mine in Madhya Pradesh. As of 2015, the government owned 80% of NMDC. The company produces over 300 million tonnes of iron ore annually as well as diamonds and sponge iron. NMDC is expanding its operations through new mines and an integrated steel plant.

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    NMDC Ltd is India's largest iron ore mining company, controlled by the Ministry of Steel. It has iron ore mines in Chhattisgarh and Karnataka, as well as a diamond mine in Madhya Pradesh. As of 2015, the government owned 80% of NMDC. The company produces over 300 million tonnes of iron ore annually as well as diamonds and sponge iron. NMDC is expanding its operations through new mines and an integrated steel plant.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    98 views5 pages

    NMDC

    Uploaded by

    Awadhesh Sharma
    NMDC Ltd is India's largest iron ore mining company, controlled by the Ministry of Steel. It has iron ore mines in Chhattisgarh and Karnataka, as well as a diamond mine in Madhya Pradesh. As of 2015, the government owned 80% of NMDC. The company produces over 300 million tonnes of iron ore annually as well as diamonds and sponge iron. NMDC is expanding its operations through new mines and an integrated steel plant.

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    © All Rights Reserved
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    of 5

    BRIEF OVERVIEW OF NMDC LIMITED

    NMDC Ltd. is a Government of India Enterprise under the administrative control of the Ministry of
    Steel having its Registered Office at Hyderabad. It is the largest producer of Iron Ore in the
    country. The Company has iron ore mines in Bailadila in Chhattisgarh and Donimalai in
    Karantaka, It also has a Diamond mine at Panna in Madhya Pradesh and a Sponge Iron Plant at
    Paloncha in Telangana.

    Share Capital

    As on 31st March 2015, the authorised equity share capital of the company is Rs.400 crores and
    the paid up equity share capital is Rs.396.47 crores. Government of India holds 80% of the paid
    up equity share capital in the company.

    Physical and Financial performance

    The physical and financial performance during 2012-13, 2013-14 and 2014-15 given below:
    2012-13 2013-14 2014-15
    Production
    Iron Ore (lakh tonnes) 271.84 300.25 304.41
    Sponge Iron (tonnes) 36289 29734 28994
    Diamond (carats) 31533.39 37082 35085
    Sales
    Iron Ore (lakh tonnes) 262.74 305.00 305.16
    Sponge Iron (tonnes) 37600 30572 25191
    Diamond (carats) 17863 43488 38789
    Financial Rs. in Crores
    Turnover 10704 12058 12356
    Profit Before Tax 9465 9759 9768
    Profit After Tax 6342 6420 6422
    Dividend on Equity Shares 2775 3370 3390
    Production units

    Presently, NMDC is operating two iron ore production units in Chhattisgarh and one iron ore
    production unit in Karnataka. It has one Diamond Mining Project in Madhya Pradesh. In addition,
    it has a few projects under implementation, some projects under consideration for investment
    decision and some more under investigation / study.

    The details of the production projects are given below:

    Name of the Production Unit Started in Designation of Unit Head


    (i) Bailadila Iron Ore Project, Dep-14 1968 General Manager
    Bailadila Iron Ore Project, Dep-11C 1988
    Chhattisgarh
    (ii) Bailadila Iron Ore Project, Dep-5 1977 General Manager
    Bailadila Iron Ore Project, Dep-10&11A 2002
    Chhattisgarh
    (iii) Donimalai Iron Ore Mine, Karnataka 1977 Executive Director
    (iv) Diamond Mining Project, Panna, 1962 Project Manager
    Madhya Pradesh
    (v) Sponge Iron Unit, Paloncha 1975 Project Manager
    Telangana
    Product Mix
    NMDC is presently producing the following products.
    1. Iron Ore
    a) DR CLO b) Baila Lump
    c) Baila ROM d) Baila Fines
    e) Doni Lump f) Doni Fines
    2. Diamonds (Rough)
    3. Sponge Iron
    Scope of Business

    NMDC is in the process of commissioning Bailadila11B Iron ore mine in Chhattisgarh state with
    7.0 mtpa capacity. NMDC is also in process of commissioning Kumaraswamy Iron ore Mine in
    Karnataka with 7.0 mtpa capacity to meet the increasing domestic demand.

    NMDC is setting up a 3.0 MTPA Integrated Steel Plant at Nagarnar, Near Jagdalpur in
    Chhattisgarh State. A wholly owned subsidiary company by the name NMDC Steel Limited has
    been incorporated.

    As part of its beneficiation programme, NMDC is also constructing a 1.2 MTPA Pellet plant at
    Donimalai in Karnataka.

    As a part of waste disposal management, NMDC is taking up new product development through
    its intensive R&D efforts for production of High-Tech and High Value added products from Blue
    Dust such as Carbon Free Sponge Iron Powder, Ready to Press (RTP) Ferrite Powders,
    Pigment Grade Ferric Oxide, Titania Slag, Pig Iron and High Purity Ferric Oxide. NMDC R&D
    activities have established usage of Kimberlite waste from Diamond mine, Panna in cement
    industries and also for preparation of anti-fluoride filters to minimize fluorine content in drinking
    water. NMDC, R&D centre has developed a process flow sheet for beneficiation BHJ/BHQ
    material and a demonstration plant is planned to construct at Donimalai.

    NMDC is also taking up diversification activities into other minerals such as gold, coal,
    magnesite, limestone, etc.

    Status of Board Level Appointments as on 31.05.2015

    1. Name of the CPSE : NMDC Limited

    2. Schedule of the Company : A

    3. Whether Listed : Yes

    4. Administrative Ministry : Ministry of Steel

    5. Number of Sanctioned Post of Directors : Functional-6; Official-2; Non-Official-8


    Directors on the Board of Directors of NMDC
    Details of Directors Date of Birth Date of Joining
    Name & Functional/Official/Non-
    Designation Official
    CMD Additional charge has been assigned to AS & FA, Ministry of Steel
    Sh N K Nanda Functional
    28.07.1960 01.12.2008
    Dir. (Tech.)
    Dr T R K Rao Functional
    04.05.1959 17.11.2014
    Dir. (Com.)
    Sh P K Satpathy Functional
    28.08.1961 13.12.2014
    Dir. (Prod.)
    Sh DS Ahluwalia Functional
    Dir. (Fin.) 02.04.1958 01.01.2015

    Dir. (Pers) Additional charge has been assigned to Dr T R K Rao, Dir. (Com.)
    (vacant)
    Ms. Bharathi S. Official 02.12.1958 16.03.2015
    Sihag
    Sh Syedian Abbasi, Official 29.01.1967 18.10.2012
    JS(Steel)
    Shri A.K. Srivastava Non-official 21.06.1956 13.11.2015

    Smt. Bhagwati Non-official 16.04.1963 13.11.2015


    Mahesh Baldewa
    (w)

    Shri Rajesh Mangal Non-official 28.09.1966 13.11.2015

    Shri Pardip Non-official 17.06.1949 27.11.2015


    Bhargava,

    Dr. Shymal K. Non-official 18.07.1954 27.11.2015


    Sarkar

    Shri S.M. Nigam Non-official 26.06.1955 27.11.2015

    Vacant since Non-official


    25.11.2015
    Vacant since Non-official
    25.11.2015

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