NMDC invests Rs. 4.76 Cr to develop Bastar’s Bailadaila mines

26 December 2016

NMDC Ltd has made a capital expenditure of Rs4.76 crore as on September 2016 for development of its Bailadila iron ore mines in Bastar region of Chhattisgarh during the current 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 has also commenced the process for setting up the 2 MTPA ‘iron ore processing plant’ at Bacheli in Bastar region of Chhattisgarh, officials informed. The tender for site levelling work had already been floated for setting up the project, they informed.

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 Rs1899.74 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 / pellet plants in Chhattisgarh.

Source – Daily Pioneer