Mines

Odisha Proposes To Auction 19 Mines In 2022-23

By
OB Bureau

Bhubaneswar: To further enhance revenue generation from mining and metal sector, the Odisha government has initiated the process for auction of several mines in the state.

Having already issued Notice Inviting Tender (NIT) for auction of 4 mineral blocks earlier this year, the state government now plans to put 15 more mineral blocks on auction during 2022-23, sources said.

Steel and Mines Minister Prafulla Mallick has maintained that the process for auction of mineral blocks in the state is going on and auction of several iron ore and manganese mines is proposed to be done this year as part of the ongoing effort.

The state government has issued NIT for auction of 4 mineral blocks – Koira, Kadodihi Iron ore Block, Orahuri Manganese and Iron ore Block, Kusumdihi Manganese and Iron ore Block and Kedesala NorthEast Iron ore block. All four mines are located in Sundergarh district.

This apart, it has lined up seven iron ore mines, four bauxite, two manganese, a limestone and dolomite and a copper and nickel blocks for auction during the current financial year, sources said.

The state Government plans to auction Laupada, Rengalaberha N-E extension and Nuagaon West, Alaghat West, Gandhalpada West, Kendudihi North, Roida-I and Jhumka-Pathiriposhi West iron blocks. Likewise, Ballada, Nunapaimali, Sijimali and Kutrumali bauxite mineral blocks are also being auctioned.

The other mines proposed to be auctioned this year include Tunmura Limestone and Dolomite mine, Bhanjikusum Manganese Block, Dudhisasol East Copper Block and Kutinga Manganese Block.

As many as 34 mineral blocks, including 18 iron ore blocks and five composite mines of iron and manganese ores, have already been auctioned in the last five years.

It may be noted that the state government has achieved a growth in revenue collection from mining sector in the first four months between April and July of the 2022-23. The total revenue collection from the mining sector till July end is estimated at Rs 13,980 crore as against about Rs 11,900 crore collected during corresponding period of previous year, sources said adding Odisha earns around 26 per cent of its total revenue from the mining and metal sector.

OB Bureau

Recent Posts

[Watch] Jawans Dance & Celebrate After Eliminating 10 Maoists In Chhattisgarh

Raipur: In a major operation, security forces eliminated at least 10 Maoists in an encounter in…

November 22, 2024

SOA Hosts International Conference On Materials For Circular Economy & Technology In Bhubaneswar

Bhubaneswar: Experts from across India and abroad exchanged knowledge and ideas on latest developments in…

November 22, 2024

Why Likes Of Odisha BJP MLA Prakash Sethi Are Here To Stay

Cuttack Sadar MLA Prakash Sethi's English speech at Bali Jatra inauguration has gone Viral......the caption…

November 22, 2024

BJP-BJD War Of Words In Odisha Over Honouring Harekrushna Mahtab & Other Visionary Leaders

Bhubaneswar: A day after 125th birth anniversary celebration of Harekrushna Mahtab was inaugurated, a war…

November 22, 2024

India 150, Australia 67/7: Bumrah (4/17) Leads Stunning Day 1 Comeback In 1st Test

Perth: A more sensational script couldn’t have been written for the opening day of the…

November 22, 2024

Odisha: ANM Suspended In Balangir ‘Child Gifting’ Incident

Balangir: Chief District Medical Officer (CDMO) of Odisha's Balangir on Friday suspended Auxiliary Nursing Midwifery…

November 22, 2024

Celebrity Divorces: Why They Never Fail To Pique Our Curiosity

Celebrity couple Abhishek Bachchan and Aishwarya apparently have some problems in their marriage. As news…

November 22, 2024

Allegation Not Based On Facts, Odisha Different From Other States: BJD In Adani Bribery Case

Bhubaneswar: A day after indictment of Gautam Adani in the US in a fraud scheme,…

November 22, 2024