Siemens Austria: Major Contract in India

IndustrialsIndustrial Goods ♦ Published: August 7, 2012; 14:04 ♦ (Vindobona)

A consortium led by Siemens Austria was awarded with a contract worth € 290m by the Indian National Mineral Development Corporation Limited (NMDC).

Siemens Austria: Major Contract in India / Picture: ©

In Nagarnar (Chhattisgarh), Siemens Austria will build a complete steelworks until 2015, Siemens Austria announced.

The project of NMDC is a part of the national program to increase the Indian steel production. The annual production capacity reaches about 3 million tons. NMDC is India´s biggest producer and exporter of iron ore. Last year, NMDC exploited about 30 million tons in…