Question: Recently, the National Mineral Development Corporation (NMDC) Limited and NLC India Limited signed an MoU with Environment Clean Technologies of Australia for the establishment of R & D facility at which of the following places for cooperation in research and development?
(a) Andhra Pradesh
(b) Tamil Nadu
(c) Karnataka
(d) Haryana
Answer: (b)
Related Facts:
- On May 30th, 2018, National Mines Development Corporation (NMDC) Limited and NLC India Limited (formerly Neyveli Lignite Corporation) signed a Memorandum of Understanding with Australia’s Environment Clean Technologies for cooperation in research and development.
- This MOU was signed in Canberra, Australia.
- Its aim is to set up Research and Development (R & D) facility in Tamil Nadu.
- The goal of this MoU is to develop jointly low emission iron and steel process through an integrated Coldry-Mamtor plant to be built in India.
- A special purpose vehicle will also be built to complete the R & D phase of the project.
- This project will be executed in two phases.
- Phase-I involves an AUD 35-million R&D phase funded by the Indian partners, which aims at scaling up ECT matmor-coldry technologies to deliver an integrated pilot plant capable of producing approximately two tonnes of metal per hour.
- Phase-II involves commercial expansion targeting an integrated steel-making facility with a proposed capacity of five-lakh-tonne per annum at an estimated cost of AUD 300 million.
Reference:
https://www.business-standard.com/article/pti-stories/nmdc-nlc-sign-pact-with-australian-firm-for-r-d-118053000700_1.html
https://economictimes.indiatimes.com/industry/indl-goods/svs/metals-mining/nmdc-nlc-to-ink-mou-with-aussie-firm-ect-for-rd-project/articleshow/64287030.cms
https://www.businesstoday.in/pti-feed/biz-nmdc-nlc/story/277514.html