MMTC promoted steel PSU Neelachal Ispat Nigam Ltd (NINL) has set off the process to chose a Mine Developer cum Operator (MDO) for its captive iron ore mines at Koira. The lease is endowed with 110 million tonnes of iron ore deposits and its operations hold the key to prune production costs of the NINL plant at Kalinganagar, touted as the steel hub.
Since the restart of its full-fledged blast furnace operations, NINL has stepped up the production tempo. The steelmaker has set an ambitious target to produce 3500 tonnes of hot metal each day. It has also chalked out