Kolkata: NMDC on Friday said it is developing the 10 million tonne per annum (mtpa) Bailadila Iron Ore Deposit-13 at Kirandul, in Dantewada district through a joint venture partnership with Chhattisgarh Mineral Development Corporation. In the joint venture company called NMDC-CMDC (or NCL), NMDC has 51% shareholding, with CMDC having a 49% share.

“NCL is the owner of Deposit No.13 and the mining lease of Deposit 13 is registered with this joint venture company. The land required for this project will be acquired in the name of the JV company only and NCL shall only have the selling rights of iron ore produced from Deposit-13,” an NMDC statement said.

The contract for excavation and mine development has been awarded to Adani Enterprises to work as Mine Developer-Cum-Operator (MDO), an official statement said adding that the mining lease will not be transferred either to Adani or to others at any point of time.

The work was awarded by inviting open tenders through Transparent e-Tendering portal of MSTC A total of ten bidders purchased the Tender Document, four bids were received. Three bidders qualified and price bids of all three were opened, followed by a reverse e-bidding process lasting six hours. Out of three bidders, Adani Enterprises Limited quoted the lowest price and were declared as the lowest bidder, the statement added.


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