Team News Riveting
Hyderabad, June 12
The Ministry of Steel has given three months extension to Amitava Mukherjee, Director (Finance) of the NMDC to hold the additional charge of Chairman and Managing Director (CMD) mining major and its disinvested company NMDC Steel Limited (NSL).
The NMDC said the Ministry of Steel, Government of India vide order No. 3/2/2021-B LA dated 09.06.2023 has communicated that the additional charge of the post of Chairman and Managing Director (CMD), NMDC Ltd. presently assigned to Amitava Mukherjee, Director (Finance), NMDC Ltd. has been extended for a period of 3 months w.e.f. 01.06.2023 to 31.08.2023 or till a regular incumbent joins the post, or until further orders, whichever is the earliest
“In terms of Ministry of Steel, Government of India Order No. 3/2/2021-BLA dated 09 .06.2023 read with Order No. 4(3) dated 20.03.2023, the additional charge of the post of Chairman and Managing Director (CMD), NMDC Steel Ltd. presently assigned to Amitava Mukherjee, Director (Finance), NMDC Steel Ltd. has been extended for a period of 3 months w.e.f. 01.06.2023 to 31.08.2023 or till a regular incumbent joins the post, or until further orders, whichever is the earliest,” the NSL said in a regulatory filing.
Mukherjee was given the additional charge of NMDC CMD on March 13, 2023. He was assigned the additional charge of CMD NSL on March 21, 2023.
A wholly owned subsidiary of NMDC Limited, NMDC Steel Limited was incorporated on January 2, 2015, under the Companies Act, 2013 with a registered office at NMDC Iron and Steel Plant, Nagarnar (Bastar, Chhattisgarh). The NSL has set up a 3 MTPA greenfield integrated steel plant in Nagarnar that is all set to go on full stream this month.
“I think that we should be able to blow in (blast furnace) around June 15, 2023, and we should be able to get process the hot metal into steel in the SMS and then roll it to get the hot roll coils by end of June so we have a clear visibility now and we are confident that by end of June we will be able to roll out the coils,” Amitava Mukherjee had recently said in an investors’ meet.
