Odisha Mines: Roida-II Up For Auction Today; Know The Bidders

New Delhi: The bidding for Roida II iron ore block in Odisha mines auction began at a floor price of 79.20 per cent on Friday.

The bidders for this block with iron reserve of 27.188 million tonnes in Keonjhar district are:-

Shyam Sel (79 per cent)
Super Smelter Ltd (78.6 per cent)
Bhagwati Power & Steel Ltd  (78.5 per cent)
Narbheram (78.5 per cent)
API Ispat (78.15 per cent)
Shree Bajrang (77.90 per cent)
RP Sao (77.75 per cent)
Gallantt Ispat Ltd (77.6 per cent)
Shyam Steel (77.35 per cent)

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

JSW has won four blocks – Nuagaon (January 31),Narayanposhi (February 2) and Ganua (February 5) and Jajang (January 6) – with total ore reserve of 1,138.34 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).