NMDC to contribute Rs 150 cr towards fight against Coronavirus

This is the biggest contribution so far by any PSU to the 'PM CARES Fund' in the country to help in the fight against Coronavirus
NMDC to contribute Rs 150 cr towards fight against Coronavirus

Hyderabad: The state-run Navratna Steel PSU, NMDC Limited will contribute Rs 150 crore to the "PM CARES Fund" to help in the fight against Coronavirus (COVID-19). NMDC Limited's Chairman & Managing Director (CMD) N Baijendra Kumar (IAS) informed the same through his twitter account on Monday.

Novel Coronavirus is one of the biggest challenges that our country has faced and has been unprecedented in its severity. We at NMDC has always been at the forefront in times of need for the country: N Baijendra Kumar (IAS) 

150 crore by NMDC is the biggest amount contributed by any PSE in the country to help fight against Coronavirus so far. NMDC has already rolled out various preventive measures at the headquarters, plants and offices to protect the employees and their families against the spread of Coronavirus (COVID-19). NMDC which has operations in the remote parts of India has implemented various necessary steps to fight the Coronavirus at the villages and hamlets adjacent to its facilities and townships.

The CMD said "Novel Coronavirus (COVID-19) is one of the biggest challenges that our country has faced and has been unprecedented in its severity. We at NMDC has always been at the forefront in times of need for the country. But the biggest need is at this time is to be united and strengthen the hands of the government. Together we will be able to defeat this pandemic."

NMDC Limited

NMDC Limited is a Navratna PSU under the Ministry of Steel. It is the single largest producer of iron ore in India. NMDC owns and operates highly mechanized iron ore mines in Chhattisgarh and Karnataka. NMDC is considered to be one of the top low-cost producers of iron ore in the world. It also operates the only mechanized diamond mine in India at Panna, MP. The company is diversifying into steel making and has undertaken several capital-intensive projects to modernise and increase capacities to retain its domestic leadership and has also forayed overseas successfully.

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