-Seek transparent process for coal mine auction
-No clarity, timeline from govt on coal mine auction
-Well placed to receive coal mines if bidding transparent
-Govt trying best to expedite things w.r.t. coalgate issue
-Slowdown in India is affecting bidding process
-SC cap on Karnataka mines at 30 mt per annum
-NMDC produces 10 mt, category A 5 mt & category B 1 mt
-Some category B mines have started production a week ago
-Production from category B mines should touch 6 mt
-Majority of category B mines will be operation by 4-5 months
-Been though a very difficult environment in the last 1 year
-Looking at touching 85 percent capacity utilisation next year
-Cap of around 6 mt for category C mine
-Looking at bidding for around 18 category C mines
-No clear timeline for auction for category C mines
-Regime change may lead to some delay
-Optimistic that category C Mine auction within 3-4 months
-Consolidation with Ispat in final stages
-Have received clearance from Bombay HC on merger
-Heidelberg’s grinding unit was obstructing company’s plant
-Not very optimistic on Europe
-Europe will take some time to recover
-Optimistic on US, hopeful on uptick from US operations
-No plans to dilute any stake in company
-No indication from JFE on hiking stake
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