GENERAL6 Sept 2026
NMDC to start commercial coal production by Q3, eyes 1 MT sales in FY27
NMDC, India's largest iron ore miner and a state-owned company, will start commercial thermal coal production by October-December, aiming to sell about 1 million tonnes in FY27. It has reached the coal seam at Tokisud North. A coking coal mine is also planned for steel making. This marks NMDC's move from a pure iron ore player to a multi-mineral supplier.
Key Statutory Highlights
- NMDC will start commercial production of thermal coal at Tokisud North by October-December this year.
- NMDC expects to sell around 1 million tonnes of thermal coal within FY27.
- NMDC plans to develop the Rohne coking coal block within FY27, with production possible as early as FY28.
Actionable Advice for Taxpayers / Founders:If your business depends on coal for power or steel, treat NMDC's new coal supply as a promising option, but only firm up plans once it actually begins commercial sales.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
Share: