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Neelanchal Ispat gets govt nod to operationalise captive mines, sell iron ore

In a meeting held in November 2020, it had been decided that the Ministry of Commerce and Industry will coordinate with the Ministry of Steel and Mines to secure permission for NINL for commercial operation of its captive mines till the disinvestment process gets wrapped up.
The Ministry of Mines noted a major downfall in iron ore production due to Covid-19 and granted NINL permission to sell up to 25% of the annual iron ore production for a period of one year or until the disinvestment of the company, whichever is earlier, as per an official order.
Image Source: NINL


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