Odisha Mines Auction: Agrasen Sponge Bags Katasahi Block At 130.30% Premium

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New Delhi: Agrasen Sponge Industries Pvt Ltd has bagged Katasahi manganese block, which went under the hammer on Monday.

It won the bid by committing to pay 130.30 per cent of the average sale price to the Odisha government.

Yazdani Power and Steel Ltd, TP Sao and Sons Pvt Ltd, Rungta Sons Pvt Ltd and PM Granite Export Pvt Ltd were also in the race for the mine with an estimated reserve of 0.667 MT.

The lease was earlier with Rungta Sons Pvt Ltd.

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