PTI reported that the Odisha government has annulled the auction process of Teherai iron ore and manganese block in Sundargarh district due to mild response from the bidders. Odisha government’s Directorate of Mines said that the decision was taken since there were less than three technically qualified bidders for this composite mining block.Odisha government had started the process of auction of 11 mines and Teherai was the second block to have been withdrawn from bidding. On September 22, the government had put on hold the auction of bauxite blocks in Karlapat area in Kalahandi district because of a court order.The bidding for 11 mineral blocks, for which notice inviting bids was issued on July 7, has started from 18 September. Total 123 bids have been received for these mineral deposits, of which seven are virgin blocks while leases of four blocks have expired. Of the 11 blocks up for grabs, seven are iron ore blocks, two composite blocks of iron ore and manganese, one composite block of iron ore and dolomite, and a bauxite block. The blocks which are up for grabs in the auction process include⦁ Kasia⦁ Nadidih (Bico)⦁ Nadidih (Feegrade)⦁ Teherai⦁ Pureibahal⦁ Chandiposhi⦁ Jumka⦁ Dholtapahar⦁ Netrabandha Pahar (West)⦁ Gandhalpada⦁ Karlapat
PTI reported that the Odisha government has annulled the auction process of Teherai iron ore and manganese block in Sundargarh district due to mild response from the bidders. Odisha government’s Directorate of Mines said that the decision was taken since there were less than three technically qualified bidders for this composite mining block.Odisha government had started the process of auction of 11 mines and Teherai was the second block to have been withdrawn from bidding. On September 22, the government had put on hold the auction of bauxite blocks in Karlapat area in Kalahandi district because of a court order.The bidding for 11 mineral blocks, for which notice inviting bids was issued on July 7, has started from 18 September. Total 123 bids have been received for these mineral deposits, of which seven are virgin blocks while leases of four blocks have expired. Of the 11 blocks up for grabs, seven are iron ore blocks, two composite blocks of iron ore and manganese, one composite block of iron ore and dolomite, and a bauxite block. The blocks which are up for grabs in the auction process include⦁ Kasia⦁ Nadidih (Bico)⦁ Nadidih (Feegrade)⦁ Teherai⦁ Pureibahal⦁ Chandiposhi⦁ Jumka⦁ Dholtapahar⦁ Netrabandha Pahar (West)⦁ Gandhalpada⦁ Karlapat