National News

NMDC registers best ever July performance in current FY

PSU Watch Bureau

New Delhi: With the production of 3.06 Million Tonnes (MT) and the sale of 3.29 MT of iron ore, this has been the best July ever for NMDC Limited. Iron ore production and sales for the month was 40 percent and 28 percent higher respectively compared to CPLY.

Cumulative production and sales figures up to July 2021 stood at 11.96 MT and 12.87 MT respectively, achieving 36 percent increase in production and 43 percent in sales over the CPLY.

The month of July also saw Kirandul deliver its best performance to date: 12.34 LT was produced and sales 12.08 LT was sold from this complex in Chhattisgarh.

"After an exceptional performance in the 1st quarter, we have continued with the momentum in July. I congratulate the team for being able to outperform its own records. With this performance, I am upbeat about NMDC achieving its targets for the year," said NMDC CMD Sumit Deb.

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)

RailTel signs MoU with InoviTel and Tsiko Africa for strategic collaborations

RBI invites applications from eligible SFBs to become regular banks

RBI proposes new norms for LSPs to promote transparency

Sunil Kumar Yadav (IRS) appointed as Director of MoHUA

Anurag Chandra (IRS) appointed as DS in Department of Chemicals & Petrochemicals