NMDC Ltd will soon select a Mine Developer cum Operator ( MDO ) for Bailadila Iron Ore Dep-13 at Kirandul in Dantewada district of Bastar, officials informed.
Notably, NMDC Ltd’s Bailadila Iron Ore Dep-13 lease in Kirandul village at Bacheli in South Bastar district of Dantewada has been registered in favour of NMDC-CMDC Ltd (NCL) on December 4, 2017 .
Earlier the lease deed of Deposit-13 was executed by NMDC on January 10, 2017 pursuant to lease grant order dated January 1, 2017.
The transfer of lease from NMDC to NCL (NMDC-CMDC Ltd) was warranted as per the clause of the JV agreement and conditions in the lease grant order.
NMDC-CMDC Ltd is a Joint Venture company in which the ratio of equity holding of NMDC and CMDC are 51 percent and 49 percent respectively.
NMDC-CMDC Ltd has planned to start the mining operations in FY 2018-19 and the production of Deposit-13 would meet the requirement of Chhattisgarh based sponge iron industries and other domestic steel makers.
NMDC Ltd has planned of developing green- field mines (Deposit 13) through Joint Venture with the Chhattisgarh Mining Development Corporation (CMDC), officials informed.
Notably, NMDC Ltd is also going for enhancement of production capacity enhancement of iron ore from 4.2 MTPA to 6 MTPA at its Bailadila Deposit no 10 in Dantewada district of South Bastar region in Chhattisgarh, officials informed.
The company has already commenced work for setting up the 2.0 MTPA Pellet Plant at Nagarnar near Jagdalpur in Bastar region of Chhattisgarh, officials informed.
Notably, the company has made a capital expenditure of Rs 4.76 crore as on September 2016 for development of its Bailadila iron ore mines in Bastar region of Chhattisgarh during the last financial year, officials informed.
The company is now going for construction of the 5th iron ore screening line at its existing screening plant number 2 at Bailadila Iron Ore Mine at Kirandul complex in Dantewada district of Bastar region.
It may also be recalled that NMDC has proposed to use its mine lease area at Deposit number 4 located at Bailadila range of hills at Bhansi near Bacheli in South Bastar’s Dantewada district in Chhattisgarh for meeting the raw material requirement 'exclusively' for its upcoming 3 MTPA Integrated Steel Plant at Nagarnar, officials informed.
The remaining iron ore quantity after meeting the requirement of integrated steel plant at Nagarnar from Deposit 4 will be sold to domestic customers in Chhattisgarh, they informed.
The Deposit - 4 iron ore mine will be developed as a 'standalone project' with an estimated investment of Rs 1899.74 crores.
Notably, NMDC proposes for mining the Deposit number 4 iron ore mine with a production capacity of 7.0 MTPA in the mine lease area of 646.596 hectares.
Notably, NMDC's iron ore requirement for the steel plant would be 5 MTPA.
The exploration work was done at Bailadila Deposit No. 4 by NMDC in the year back in 1972-74. The ore reserves were proved by detailed exploration activities.
The Deposit 4 has a production capacity of 7.0 MTPA and spread in a mining lease area of 646.596 hectares.
In addition to the mining lease area, 95.13 hectares forest land is identified for development of infrastructure such as downhill conveyor, screening plant, loading plant and approach road etc.
Further, 50 hectares of non-forest land is also required for installation of railway stock yard, administrative building, loading plant (part), tailing dam, STP and township etc.
The existing iron ore production from other Bailadila mines is catering to requirements of large steel plants and also to local sponge iron / pelletplants in Chhattisgarh.
Mining plan along with progressive mine closure plan has been approved by Indian Bureau of Mines (IBM), for production capacity of 7.0 MTPA vide their letter no: No 314(3)/2012-MCCM (CZ)/MP-19 dated July 26, 2013, officials informed.