State-run iron ore producer NMDC Ltd is aggressively executing a production ramp-up plan to reach 60 MTPA from existing iron ore mines this fiscal, representing a 20% year-on-year increase from current levels. As reported by PTI, Chairman Amitava Mukherjee confirmed the company has already crossed the 50 MT milestone in FY2026 and is now working to achieve the 60 MT target. The production increase will be complemented by NMDC-CMDC Limited (NCL) joint venture assets, aligning with the company's broader growth strategy. Additionally, NMDC is progressing well toward its 100 MT production goal by FY31, which is aligned with the National Steel Policy 2017 targeting an installed domestic steelmaking capacity of 300 MT by 2030-31. Mukherjee shared that the company is on track to achieve the 100 MT target and expressed confidence in meeting this milestone.
State-run iron ore producer NMDC Ltd has announced a comprehensive net-zero operational emissions target by 2047, covering both Scope 1 and Scope 2 emissions. According to PTI, the company will achieve this through a minimum 90% reduction in operational emissions, with the remaining emissions to be addressed through offsetting measures as the roadmap progresses. The net-zero roadmap has been divided into three phases: the short-term phase covering FY 2026 to FY 2030, followed by the medium-term phase from FY 2030 to FY 2040, while the long-term phase will run from FY 2040 to FY 2047. Under this framework, NMDC has outlined six key strategies: energy efficiency, renewable energy integration, electrification of its fleet, adoption of low-carbon fuels, Carbon Capture, Utilisation and Storage (CCUS), and demand-side management. The company has already undertaken several initiatives to increase renewable energy share, including a 10.5 MW wind energy facility at Chitradurga and solar power installations across projects.
According to PTI, NMDC has applied for environmental clearances (ECs) for some deposits with the Union Ministry of Environment, Forest and Climate Change to support its production expansion. The company is building mine-related infrastructure at various locations, with some deposits already operational while others are under development. For enhancing capacity of existing mines, bids have been invited from interested parties to develop infrastructure, including setting up belt conveying systems, crushers, and breakers. NMDC operates four major highly mechanised iron ore mining complexes in India spread across Chhattisgarh (Bailadila sector) and Karnataka (Donimalai sector), with the Hyderabad-based company catering to the country's 20% need of iron ore under the Ministry of Steel.
Beyond operational emissions, NMDC is implementing decarbonisation measures across its logistics infrastructure. As reported by PTI, the upcoming slurry pipeline project is expected to provide a greener downstream transportation solution by reducing dependence on conventional transportation and associated warehousing requirements. The company also plans to increase the movement of iron ore through rail freight, supported by the doubling of railway lines and other supply infrastructure being developed around its operations. Greater use of rail transportation is expected to help reduce the carbon intensity associated with the movement of minerals, supporting the company's broader decarbonisation efforts.
In FY26, NMDC reported a 33% rise in total revenues to an all-time high of ₹31,554 crore from ₹23,668 crore in FY25, as reported by Business Standard. The company is diversifying its offerings to earn the tag of becoming India's largest mineral mining company. NMDC will start commercial production of thermal coal in the October-December period and looks to sell around 1 MT of the dry fuel within FY27. The company will also start developing a coking coal mine within FY27 to begin production as early as FY28. Chairman Mukherjee stated that by 2030, his goal is to earn at least 20% of revenues from the sale of minerals other than iron ore.
