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Mining Revenue Registers 10 Times Growth In 5 Years In Odisha

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Home Mines

Mining Revenue Registers 10 Times Growth In 5 Years In Odisha

by OB Bureau
November 22, 2023
in Mines, Odisha
Reading Time: 2 mins read
Mining Revenue
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Bhubaneswar: The contribution of the mining sector to Odisha revenue has increased 10 times growth in 5 years from Rs 4,900 crore in 2016-17 to Rs 50,000 crore in 2021-22.

This was stated by chief secretary Pradip Kumar Jena at 77th annual technical meeting of the Indian Institute of Metals and National Metallurgist Awards (IIM-ATM 2023 & NMA), held at KIIT Convention Centre in Bhubaneswar.

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The chief secretary further said, “The state government recognises the importance of metals and metallurgical infrastructure and is committed to supporting it, whether it is in the development of new technology, collaboration with research and scientific institutions, we are here to support you.”

“We also recognise that the metals industry needs to transform itself to remain sustainable as the demand for metals continues to grow. Be it green metal, sustainable mining practices, efficient processes, or recycling waste, there should be minimum adverse impact on the planet,” he added.

Satish Pai, President of IIM and MD, Hindalco, said, “The theme of this year’s conference, ‘Sustainable Transformations in Metal Industries’, is a clarion call to our community to enable the metal industry to operate in an environmentally responsible manner. What the industry needs is a ‘metalmorphosis’.”

The flagship event of the metals industry, which is being held from November 22 to 24, is being organised by Angul, Sambalpur and Bhubaneswar chapters of IIM, in association with Hindalco Industries Ltd and KIIT Deemed to Be University, Bhubaneswar.

The event has an impressive line-up of 60 prominent national and international speakers in multiple sessions, and nearly 700 technical paper presentations during 10 parallel technical sessions. Over 1,300 participants encompassing senior officials from the government, PSUs, metal industries, prominent corporate houses and research institutions across the globe are attending the three-day event.

The plenary session was inaugurated by Jena in presence of Hemant Sharma, Principal Secretary, Industries Department; Satish Pai; Sajjan Jindal, vice-president, IIM and Chairman, JSW Group; Amarendu Prakash, Chairman, SAIL; Prof BS Murty, Director, IIT, Hyderabad and Komal Kapoor, Chief Executive of Nuclear Fuel Complex.

The organising committee of IIM-ATM 2023 include SS Mohanty, Chairman IIM-ATM 2023 and MD & CEO, Essar Minmet and Bibhu Mishra, Convener IIM-ATM 2023 and Advisor, Hindalco Industries Ltd.

Union Minister of State for Steel and Rural Development Faggan Singh Kulaste attended the NMA Awards ceremony as chief guest. Nagendra Nath Sinha, Secretary, Ministry of Steel addressed the NMA Awards session.

Five categories of awards were presented to experts in the field of metallurgy including Lifetime Achievement, National Metallurgist, Award for R & D in Iron and Steel sector, Young Metallurgist in Metal Science, and Young Metallurgist in Environmental Science.

Ajit Kumar Mohanty, Chairman, Atomic Energy Commission and Secretary, Department of Atomic Energy, will address the dignitaries on Thursday.

TV Narendran, Global CEO &Managing Director, Tata Steel is the recipient of the JRD Tata Leadership Award 2023.

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