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Home Featured

Odisha Mines: Jajang & Not Roida-II Up For Auction Today; Know The Bidders

by OB Bureau
February 6, 2020
in Featured, Odisha
Reading Time: 1 min read
Odisha Mines: Jajang & Not Roida-II Up For Auction Today; Know The Bidders
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New Delhi: Instead of the scheduled Roida-II, Jajang iron ore block was put up for the Odisha auctions of mines on Thursday.

The final bidders for the iron ore reserve of 39.42 million tonnes in Keonjhar district are Serajuddin & Co, Lal Traders, Rungta Mines, Eastern Mining, JSPL, Adani and JSW Steel.

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The mining lease of the block is currently with Rungta Mines.

Of the 19 enlisted mines, the bidding process has been completed for six.

JSW has won three blocks – Nuagaon (January 31),Narayanposhi (February 2) and Ganua (February 5) – with total ore reserve of 1098.92 million tonnes.

Shyam Ore bagged the Jilling-Langalota iron ore block in Odisha’s Keonjhar district by committing to pay 135 per cent of sale to the Odisha government on Wednesday (February 5).

On Tuesday (February 4), Serajuddin and Co retained Balda iron ore block during the auction that went past midnight (2.41 am). ArcelorMittal India Pvt Ltd had won Thakurani iron ore block notified for auction in Odisha on Monday (February 3).

 

Tags: Jajangmines auctionOdisha Mines AuctionRungta Mines
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