Chhattisgarh govt to extend NMDC iron ore mining lease
Raipur, Nov 15 (IANS) Chhattisgarh government on Friday announced to extent mining lease of NMDC, Indias largest iron ore miner and exporter in public sector.The decision of the Congress government came as a major relief for the public sector mining giant as its lease period for mines in Chhattisgarh were set to end in March 2020.NMDC produces roughly 70 per cent of its total annual iron ore from mines in Chhattisgarh which are based in extreme leftist insurgency-hit Dantewada district.Chief Minister Bhupesh Baghel who also holds mining portfolio, gave approval for extending the mining lease after NMDC’s Chairman-cum-Managing Director (CMD)N Baijendra Kumar agreed to release Rs 600 crore immediately to the state government for renewal.The meeting was held in Raipur at the official residence of Chhattisgarh Chief Minister which lasted for nearly 40 minutes.
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