NMDC Share Price in Focus; Commissions ₹5,427 Crore Project in Bastar, Chhattisgarh

NMDC Ltd has commissioned a ₹5,427-crore integrated project covering iron ore processing, slurry transportation and pellet production in Chhattisgarh, as per an exchange filing dated September 27, 2026.  

The facilities link its iron ore operations at Bacheli with the steel plant at Nagarnar.  

Project Includes 2 MTPA Pellet Plant 

The project comprises an iron ore processing plant at Bacheli, a 15 million tonne per annum (MTPA) slurry pipeline, and a 2 MTPA pellet plant at Nagarnar. The pellet plant has now started production following its commissioning.  

135 Km Pipeline for Ore Movement 

The slurry pipeline stretches 135 km from Bacheli to Nagarnar and transports processed iron ore concentrate between the two locations. It provides another route for moving the material instead of relying on road transport.  

The pipeline passes through 61 villages in the Bastar and Dantewada districts. The company said the system is to reduce road movement of processed ore and lower dependence on railways for evacuation.  

Processing Bailadila Mine Fines and Slimes 

The new facilities will process iron ore fines and slimes from NMDC’s Bailadila mines into concentrate. This concentrate will then be converted into pellets at Nagarnar using Straight Grate Induration technology for use in steelmaking.  

Part of Capacity Expansion Plan 

The project adds pellet production to NMDC’s existing mining and beneficiation operations. It also allows the company to use more of the fines and slimes generated at its Bailadila operations.  

The commissioning is part of NMDC’s expansion and diversification plans. The company has set a long-term target of increasing its iron ore production capacity to 100 million tonnes.  

Read More: Adani Enterprises Share Price in Focus After Acquiring 50% Stake in Monvarex Aluminium! 

NMDC Share Price Performance 

As of September 28, 2026, 11:00 am, NMDC share price was trading at ₹79.03, a 1.09% decrease from the previous closing price. 

Conclusion 

The ₹5,427-crore project brings processing, slurry transportation and pellet production into one supply chain between Bacheli and Nagarnar. The 2 MTPA pellet plant is now operational as part of this integrated setup. 

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