NMDC, the public sector mining giant will be establishing three million tonnes per annum steel plant in Karnataka in collaboration with the state government on an estimated investment of Rs 18,000 crore, said the Union Steel and Mines Minister Narendra Singh Tomar.
He also added that “NMDC will initially install three million tonnes per annum and scale it up to six million tonnes at a later stage,” he said.
He further said that he would meet Karnataka Chief Minister Siddaramaiah in Belagavi to take forward the initiative of signing the MoU between NMDC and government to set up the steel plant in the state.
