No, NINL also had attached iron ore mine at old rates.
The value was in the mine and not the plant.
Here, for NMDC plant, they are not giving any mine with it.
If it fetches even 6000 crore/MT, it will be a great price.
And, the govt may ask NMDC to spend that money to acquire some other sick steel govt company or to acquire assets overseas.
Very poor corporate governance of govt companies. One of the worst promoters.
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