Financial Express reported that state run iron ore miner NMDC’s three million tonne per annum steel plant at Nagarnar in Chhattisgarh is likely to be commissioned towards the end of September. As per FE report, NMDC has spent INR 20,240 crore as of May 2022 & is likely to spend another INR 1,700 crore as mostly commissioning-related milestone payment. FE report says that the project has seen cost overrun of around INR 7,000 crore as initially it was estimated that the steel plant would require around INR 15,525-crore investment and would go on stream by March 2015.As per FE report “Various issues, including naxalite agitation and delays in implementing various packages by the vendors, including BHEL, commercial disputes with the contractors, delays in land acquisition for the slurry pipeline and COVID induced lockdowns among others have led to the delay in commissioning.”Earlier in February NMDC had said that it expects to begin operations from July 2022. NMDC's Director Finance Mr Amitava Mukherjee had said "We have started the coke oven heating process in the steel plant and we are expecting production from the coke oven maybe by the end of March or beginning of April. We will roll out finished product from July.”According to earlier media reports, the timeline of commissioning were1. Coke Oven Battery 1 Heating – Jan’222. Coke Oven Battery 2 Heating – Feb’223. Sinter Plant – Mar’224. Coke Oven Production –Apr’225. Sinter Plant Trial – May’226. Blast Furnace Blowing – Jun’227. HSM Commissioning – Jul’22But The Hindu’s Business Line reported in early June that commissioning was delayed by at least three months due to burning of motor which has in turn stalled commissioning of the oxygen plant as the equipment maker BHEL has indicated six months timeline for repair of motor.
Financial Express reported that state run iron ore miner NMDC’s three million tonne per annum steel plant at Nagarnar in Chhattisgarh is likely to be commissioned towards the end of September. As per FE report, NMDC has spent INR 20,240 crore as of May 2022 & is likely to spend another INR 1,700 crore as mostly commissioning-related milestone payment. FE report says that the project has seen cost overrun of around INR 7,000 crore as initially it was estimated that the steel plant would require around INR 15,525-crore investment and would go on stream by March 2015.As per FE report “Various issues, including naxalite agitation and delays in implementing various packages by the vendors, including BHEL, commercial disputes with the contractors, delays in land acquisition for the slurry pipeline and COVID induced lockdowns among others have led to the delay in commissioning.”Earlier in February NMDC had said that it expects to begin operations from July 2022. NMDC's Director Finance Mr Amitava Mukherjee had said "We have started the coke oven heating process in the steel plant and we are expecting production from the coke oven maybe by the end of March or beginning of April. We will roll out finished product from July.”According to earlier media reports, the timeline of commissioning were1. Coke Oven Battery 1 Heating – Jan’222. Coke Oven Battery 2 Heating – Feb’223. Sinter Plant – Mar’224. Coke Oven Production –Apr’225. Sinter Plant Trial – May’226. Blast Furnace Blowing – Jun’227. HSM Commissioning – Jul’22But The Hindu’s Business Line reported in early June that commissioning was delayed by at least three months due to burning of motor which has in turn stalled commissioning of the oxygen plant as the equipment maker BHEL has indicated six months timeline for repair of motor.
