Tuesday, December 16, 2025 | 11:11 PM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Act responsibly or mining lease will be scrapped: Chhattisgarh govt to NMDC

NMDC Ltd presently mines 90 per cent of its iron ore from Chhattisgarh's leftist insurgency-hit Dantewada district

Representative Image
premium

If Chhattisgarh goes ahead with its planned move to scrap the lease, it would spell doom for the cash-rich NMDC Ltd

Agencies Raipur
The Chhattisgarh government is highly upset with India's largest iron ore miner in public sector NMDC Ltd, and have warned of scrapping its mining lease if it fails to honour the commitment.
 
NMDC Ltd was committed to cough up Rs 1,623 crore as part of 'common clause judgement' to Chhattisgarh for getting its mines leases extended which were due to expire in March 2020. But the company paid just Rs 600 crore but got its mines lease extended till September 11, 2035, news agency PTI reported.

However, the Congress regime has virtually offered the last chance to Steel Minister Dharmendra