NMDC Limited has executed and registered four of its Iron ore mining leases in Bailadila region of Dantewada district of Chhattisgarh. These are Deposit-5, 10, 14 and 14 NMZ.
These leases are executed for a period of 20 years from 2015 to the year 2035 with a combined capacity of 29 MTPA. The Mining Lease areas for deposit-5, 10, 14 and 14 NMZ are 540.05 Ha, 309.34 Ha, 322.36 Ha and 506.74Ha respectively.
The mining Lease deed execution was completed on January 10 and the registration formalities were completed on January 13. An amount of Rs 387 crore was paid by the miner towards stamps duty and registration fees.
N. Baijendra Kumar, CMD, NMDC thanked Chhattisgarh Chief Minister Bhupesh Baghel and Senior Officials of Government of Chhattisgarh and said that the lease extension would ensure uninterrupted iron ore supply to the Indian steel sector.
