Steel Minister asks MECON to speed up commissioning of Nagarnar plant

Updated - January 08, 2018 at 08:49 PM.

PSU consultancy services provider MECON Ltd has been asked to help speed up the commissioning of NMDC’s Nagarnar Steel Plant in Chattisgarh.

According to a Ministry statement, during the mid-year review meeting with MECON officials, Steel Minister Chaudhary Birender Singh said: “As the key project consultant for NMDC’s Nagarnar Steel Plant, MECON must put in all efforts to commission the steel plant at the earliest.” NMDC has been working on the 3 mtpa plant since 2008.

According to NMDC, the approved project cost was ₹15,525 crore in 2008. In February 2013, the plant was scheduled to be commissioned by September 2015. The deadlines were regularly pushed forward since. The 2,100-acre plant is now due to be commissioned in December 2017.

Earlier this year, the Department of Investment and Public Asset Management had prepared a strategic divestment plan in line with a decision of the Cabinet Committee on Economic Affairs. The Nagarnar plant has also figured in the list of assets that would be offloaded under the plan.

Published on October 13, 2017 14:08