Mining

NMDC sets ₹2,200 Cr CAPEX for FY’25 to propel expansion

NMDC has announced a capital expenditure (Capex) allocation of ₹2,200 crore for the financial year 2025. The investment is aimed at establishing a slurry pipeline and new processing plants to enhance the company’s production capacity, with an ambitious goal of reaching 100 million tonnes (MT) by 2030. Amitava Mukherjee, Chairman and Managing Director (Additional Charge) …

The post NMDC sets ₹2,200 Cr CAPEX for FY’25 to propel expansion appeared first on Energy Asia.

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