City
Epaper

NMDC Steel clears major production milestone in 1st year of operations

By IANS | Updated: August 21, 2024 19:45 IST

New Delhi, Aug 21 Government-owned NMDC Steel Limited (NSL) announced on Wednesday that its state-of-the-art plant has successfully ...

Open in App

New Delhi, Aug 21 Government-owned NMDC Steel Limited (NSL) announced on Wednesday that its state-of-the-art plant has successfully produced 1 million tonnes of Hot Rolled Coil, reaching this milestone four days ahead of the first anniversary of starting operations.

NMDC Steel Ltd, an entity demerged and formed from state-owned mining firm NMDC, operates the ultra-modern 3 million tonnes per annum steel plant in Chhattisgarh's Nagarnar, set up with an investment of Rs 22,900 crore, it is referred to as India's youngest steel unit.

The plant houses one of the widest Hot Strip Mills in the country, capable of rolling HR coils of 900 mm to 1,650 mm width in 1 mm to 16 mm thickness.

This achievement underscores NSL's position as one of the fastest and most efficient plants in the industry, characterised by its cutting-edge technology, the company said.

On July 21, 2024, the company achieved the production of 1.5 million tonnes of Hot Metal from its Blast Furnace, and on August 11, 2024, it produced 1 million tonnes of Liquid Steel from the Steel Making Shop (SMS). Both milestones were reached in less than a year from the commencement of production, setting new benchmarks for performance, it added.

Amitava Mukherjee, CMD (additional charge), NMDC & NSL, commenting on this achievement said: "Achieving 1 million tonnes of Hot Rolled Coil (HRC) ahead of schedule is a testament to the dedication, expertise, and hard work of our entire team. This achievement not only set a new standard within the public sector, but also stands strong against industry benchmarks. We remain focused on sustaining this momentum and continuing to lead with quality and efficiency."

"These achievements highlight NSL's commitment to operational excellence and innovation. The company continues to push the boundaries by aspiring to be a leader in the steel manufacturing sector with a sole focus on efficiency, sustainability, and technological advancement," the official statement added.

NMDC Steel Limited is a public sector enterprise that operate under the administrative control of the Ministry of Steel.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

EntertainmentBB19: Amaal Mallik and Gaurav Khanna hint at Tanya Mittal using Mallik for game strategy

NationalParatrooper injured in ongoing anti-terrorist operation in J&K’s Kishtwar

EntertainmentGurupurab 2025: Kareena, Neha Dhupia, Angad Bedi offer prayers at Gurdwara

CricketNo Virat Kohli, Rohit Sharma in India A Squad for One-Day Series vs South Africa A

InternationalSri Lanka's advancement inextricably linked with India: LoP Premadasa calls for more Indian investment

Business Realted Stories

BusinessKerala inks Rs 850 crore FDI deal for Meridian Tech Park, to create over 10,000 jobs

BusinessDLC Campaign 4.0: Over 55 lakh Digital Life Certificates generated in first 4 days

BusinessShapoorji Pallonji Real Estate Unveils the 'Coexistence with Flora & Fauna' Mural at VANAHA, Pune

BusinessGlen Industries Reports INR 97 Crore Total Income in H1 FY26

BusinessLumikai Report Reveals India's Digital Shift From A B C to A B C D E F G: Interactive Media Economy Crosses New Milestones at Insignia 2025