Real Assets
NMDC has also sought (from the Union government) iron ore allocation in Jharkhand and Karnataka for this purpose. : Public sector mining major NMDC will have Special Purpose Vehicles (SPVs) with the governments of Jharkhand and Karnataka to set up steel factories. Its SPV in Jharkhand has already selected the site and applied for allocation of land, water and power. In Karnataka, NMDC says, it has acquired around 2,800 acres. NMDC has also sought (from the Union government) iron ore allocation in Jharkhand and Karnataka for this purpose.

In this article