NMDC Records Best Ever Monthly Production in January 2025
POWER & RENEWABLE ENERGY

NMDC Records Best Ever Monthly Production in January 2025

State-owned NMDC produced 5.10 million tonnes (MT) and sold 4.48 MT of iron ore in January 2025. This strong performance sets a positive outlook for the year ahead. As NMDC remains focused on achieving record volumes in the upcoming fiscal year, cumulative production and sales stood at 35.87 MT and 36.22 MT, respectively, up to January 2025.

The production performance in January 2025 is up by 12.33 per cent over the corresponding period last year (CPLY), reaching 5.10 MT, which is the best ever January month production since inception. This great start of the year underscores NMDC's commitment to meeting the rising mineral demand, furthering the nation's industrial aspirations, and contributing to India's journey toward self-reliance.

Commenting on the results, Amitava Mukherjee, CMD (Additional Charge) said, "NMDC’s production and dispatch performance are the highest ever in the month of January since inception, reflecting the right momentum towards meeting the targets of FY25.” On the budget announced on Saturday morning he said, “The growth-oriented Budget 2025-26, with its focus on public-private partnerships, sets the stage for NMDC to move ahead of the curve with a 100 MnT production capacity under company’s Vision 2030. As India's largest iron ore producer with a one-sixth share in the domestic market, the emphasis on collaboration and reform measures will help boost domestic growth and serve as a timely catalyst for an Atmanirbhar Bharat".

As the wheels of progress turn, NMDC’s journey continues, with every milestone marking a step closer to a prosperous future. Meanwhile the company is also exploring critical minerals like lithium and cobalt to fuel the renewable energy sectors and the green transition of India.

Additionally, the company recently held a stakeholders' meeting and unveiled an ambitious capital expenditure (CAPEX) plan of approximately Rs.700 billion over the next five years. This investment is part of its roadmap and strategies to undertake new expansion plans and infrastructural developments.

State-owned NMDC produced 5.10 million tonnes (MT) and sold 4.48 MT of iron ore in January 2025. This strong performance sets a positive outlook for the year ahead. As NMDC remains focused on achieving record volumes in the upcoming fiscal year, cumulative production and sales stood at 35.87 MT and 36.22 MT, respectively, up to January 2025. The production performance in January 2025 is up by 12.33 per cent over the corresponding period last year (CPLY), reaching 5.10 MT, which is the best ever January month production since inception. This great start of the year underscores NMDC's commitment to meeting the rising mineral demand, furthering the nation's industrial aspirations, and contributing to India's journey toward self-reliance. Commenting on the results, Amitava Mukherjee, CMD (Additional Charge) said, NMDC’s production and dispatch performance are the highest ever in the month of January since inception, reflecting the right momentum towards meeting the targets of FY25.” On the budget announced on Saturday morning he said, “The growth-oriented Budget 2025-26, with its focus on public-private partnerships, sets the stage for NMDC to move ahead of the curve with a 100 MnT production capacity under company’s Vision 2030. As India's largest iron ore producer with a one-sixth share in the domestic market, the emphasis on collaboration and reform measures will help boost domestic growth and serve as a timely catalyst for an Atmanirbhar Bharat. As the wheels of progress turn, NMDC’s journey continues, with every milestone marking a step closer to a prosperous future. Meanwhile the company is also exploring critical minerals like lithium and cobalt to fuel the renewable energy sectors and the green transition of India. Additionally, the company recently held a stakeholders' meeting and unveiled an ambitious capital expenditure (CAPEX) plan of approximately Rs.700 billion over the next five years. This investment is part of its roadmap and strategies to undertake new expansion plans and infrastructural developments.

Next Story
Infrastructure Transport

Sirius Airlines in Talks to Acquire 20 Cessna Jets for $600 Million

Sirius Aviation Airlines is in advanced negotiations with US-based Textron Aviation to acquire 20 Cessna Citation Longitude aircraft in a deal valued at $600 million, according to sources familiar with the matter. The acquisition is part of the company's strategy to strengthen its presence in the business aviation sector. Sirius Aviation, which began operations in August 2023 in partnership with Dubai-based Transworld Group, had announced plans last November to expand its fleet to 50 private jets by FY2027. The expansion will include a mix of small and medium-sized business jets as well as g..

Next Story
Infrastructure Urban

Record Rs 6.81 Trillion Allocation for Defence in Union Budget 2025-26

The Union Budget 2025-26 has allocated a record Rs 6,812.1 billion to the Ministry of Defence (MoD), reflecting a 9.53% increase over the previous financial year. This accounts for 13.45% of the total Union Budget, the highest among all ministries, aligning with the government’s vision of a technologically advanced and self-reliant military under ‘Viksit Bharat @ 2047.’ Of the total allocation, Rs 1,800 billion (26.43%) is earmarked for capital outlay on defence services, while Rs 3,117.32 billion (45.76%) is designated for revenue expenditure, covering pay, allowances, and operatio..

Next Story
Infrastructure Urban

DRDO Successfully Tests VSHORADS Missile off Odisha Coast

The Defence Research & Development Organisation (DRDO) has successfully conducted three consecutive flight trials of the Very Short-Range Air Defence System (VSHORADS) from Chandipur, off the Odisha coast. The missiles were tested against high-speed, low-altitude targets, effectively intercepting and destroying them in different flight conditions.The trials were conducted in their final deployment configuration, with two field operators managing weapon readiness, target acquisition, and missile firing. Data collected from telemetry, electro-optical tracking systems, and radar at the In..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000