Business

Odisha Mines Auction: PM Granite Exports Bags Kanthar-Koira Manganese Block

By
OB Bureau

New Delhi: PM Granite Exports Pvt Ltd on Tuesday bagged the Kanthar-Koira manganese block in Odisha’s Sundargarh district.

Besides PM Granite Exports, Anand Exports, Yazdani Steel and Power Ltd, TP Sao and Sons Pvt Ltd, Rungta Mines Ltd and Vendnta Ltd were in the final race of this block with an estimated manganese reserve of 0.615 MT.

PM Granite Exports won the bid by committing to pay 110.04  per cent of the average sale price to the Odisha government.

The lease was earlier with Rungta Mines Ltd.

It was possibly the last working block to go under the hammer.

OB Bureau

Recent Posts

No Pressure: AAP’s Kailash Gahlot After Joining BJP; ‘He’s A Free Man,’ Says Kejriwal

New Delhi: Former Delhi minister and senior AAP leader Kailash Gahlot, who resigned from the…

November 18, 2024

Kharagpur-Visakhapatnam Expressway Through Odisha Soon: Minister

Bhubaneswar: A greenfield highway connecting Kharagpur in West Bengal and Visakhapatnam in Andhra Pradesh will…

November 18, 2024

‘Randi Pua Ananta’ Row: Actor Manoj Mishra Seeks Apology From People Of Odisha, Says ‘No Intention To Question Fakir Mohan’

Bhubaneswar: Maintaining his opinion regarding the title of Sabyasachi Mohapatra’s upcoming film, ‘Randi Pua Ananta’— based…

November 18, 2024

Owner, Manager Arrested A Day After 3 Engineering Students Drown In Mangaluru Resort’s Swimming Pool

New Delhi: A day after three women students drowned in the swimming pool of a…

November 18, 2024

Night Temp Drops To 7.2°C In Odisha; Fog Likely In Six Dists For 3 days

Bhubaneswar: Amid a drop in the night temperature, the India Meteorological Department (IMD) on Monday…

November 18, 2024

Collector’s Statement On Kendrapada’s Backwardness Triggers Political Row In Odisha

Bhubaneswar: A statement reportedly made by Kendrapada Collector Smruti Ranjan Pradhan regarding backwardness in the…

November 18, 2024

Gynaecologist Of DHH In Odisha Caught Red-Handed While Taking Bribe

Bhubaneswar: The Odisha Vigilance sleuths on Monday apprehended Dr Ashok Das, consultant O&G (clinical)-cum- Joint…

November 18, 2024

Fact Check: Is RBI Issuing Rs 7 Coin To Honour Cricketer Mahendra Singh Dhoni?

New Delhi: An image of a gold-coloured Rs 7 coin featuring cricketer Mahendra Singh Dhoni…

November 18, 2024