Bhubaneswar: Odisha government has scheduled as many as elevlen mineral blocks for bidding during 2021-22 financial year. According to government sources, the auction process will be fulfilled by March this year.
Of the eleven mines to go under the hammer, there are iron ore blocks, manganese blocks, graphite blocks, limestone blocks and dolomite blocks. However, State mines director Debidutta Biswal informed that the auction documents of the mining blocks have been sent to the government for slight modification.
“The bidding process will commence right away as soon as the documents are amended,” said Biswal. Odisha govt had set a target to auction 24 mineral blocks during 2020-21 financial year and the process was almost completed. However, mining leases for only 19 mineral blocks could be executed.
“As the mining lease agreement failed to be signed within the stipulated time, Jindal Steel & Power Limited (JSPL) and Shyam Steel Industries Ltd had to lose Guali iron ore and Jilling-Langalota Iron ore mines respectively. Both the mines have been allotted to Odisha Mining Corporation (OMC) for a period of 10 years,” Biswal said.
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