NMDC plans to invest in green energy capacities

NMDC Limited is planning to invest in the renewable energy sector.

The company is exploring locations in Telangana to set up solar capacities. NMDC might also set up a solar power plant on the land available with its sponge iron unit, which is not operational at the moment. Located at Paloncha in Telangana, NMDC’s sponge iron unit has a capacity of 100 tonnes per day.