A Memorandum of Understanding has been signed between NMDC Limited and Ministry of Steel, Govt.
of India on the commitments of NMDC concerning its performance in the year 2012-13.
N K Nanda, chairman-cum-managing director (Addl. Charge), NMDC and P K Misra, secretary, Ministry of Steel, Govt. of India recently signed the MOU.
The parameters of the MOU are production of iron ore, sale of iron ore, project implementation, R & D efforts, sustainable development, energy conservation, corporate social responsibility, quality compliance, manpower productivity, human resource management, corporate governance, customer satisfaction, compliance to DPE guidelines, among others.