Companies

Covid-19: NMDC advances ₹200-crore royalty to Chhattisgarh

Our Bureau Hyderabad | Updated on March 31, 2020 Published on March 31, 2020

State-run mineral producer NMDC has declared it will advance a royalty payment of ₹200 crore to the Chhattisgarh government to help in the fight against Covid-19.

NBaijendra Kumar, CMD, NMDC, made this announcement on Twitter on Tuesday.

The support offered is unique, because on Monday NMDC had pledged ₹150 crore to the PM CARES Fund.

Topping that contribution with another ₹200 crore as advance royalty makes NMDC one among select corporates to support both Central and State governments.

Published on March 31, 2020

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