Report of the Comptroller and Auditor General of India on Operational Performance of NMDC Limited
NMDC Limited (Company) is a Central Public Sector Enterprise under the Ministry of Steel mainly carrying on iron ore mining in the States of Chhattisgarh and Karnataka. The Performance Audit on Operational Performance of NMDC Limited was conducted covering the period from 2012-13 to 2016-17. The production performance, sales, capacity expansion projects, diversification initiatives and investments made by NMDC Limited in Joint Ventures (JVs) were reviewed in audit. The Performance Audit Report highlights delays in execution of capacity expansion projects due to the reasons attributable to contractors and the Company, and delays in obtaining environmental and forest clearances for these projects due to the reasons attributable to the Company, the State Forest Departments and the Ministry of Environment, Forest and Climate Change.
