17 years after deal, navratna PSU to begin mining in state
Shimla, July 27 After 17 years, one of the state's biggest mining projects is back on track. The National Mineral Development Corporation (NMDC) last week got government approval for its proposal to extract and sell steel-grade limestone from deposits in Arki of Solan district. A Government of India navratna PSU, NMDC had first struck a deal with the state government to mine limestone from Arki in 1991, but when its tie-ups with steel manufacturing units like SAIL did not work out because of economics of transporting limestone to steel factories down south, the project was shelved.