Odisha State Government’s Steel & Mines Department has set a target of 31 October to sign the lease deeds of the nine mines auctioned recently as the successful bidders have already deposited an upfront payment of around INR 250 crore, a pre-requisite for signing the lease deeds.Winners1. Kasia 194.196 Ha Area - JSPL 118% premium2. Nadidih BICO 74.5 Ha Area - Electrosteel Steels 96% premium3. Nadidih Feegrade 117.206 Ha Area - Electrosteel Steels - 92% premium4. Gandhalpada 241.1 Ha Area - Tata Steel 141% premium5. Jumka Pathiriposhi 158.509 Ha Area - Rungta Mines 110% premium6. Purheibahal 64.337 Ha Area - Rungta Mines 124% premium7. Chandiposhi 131.580 Ha Area - Rungta Mines 113% premium8. Dholtapahar 60.508 Ha Area - Kashvi International 127% premium9. Netrabandha Pahar (West) 74.370 Ha Area - Raga Tradecon 139% premiumThe bidding for 11 mineral blocks, for which notice inviting bids was issued on July 7, had started from 18 September. Total 123 bids have been received for these mineral deposits. The Odisha government put the auction of Karlapat iron ore and bauxite block on hold till further notice following a court order. It also cancelled the auction of Teherai block due to limited participation
Odisha State Government’s Steel & Mines Department has set a target of 31 October to sign the lease deeds of the nine mines auctioned recently as the successful bidders have already deposited an upfront payment of around INR 250 crore, a pre-requisite for signing the lease deeds.Winners1. Kasia 194.196 Ha Area - JSPL 118% premium2. Nadidih BICO 74.5 Ha Area - Electrosteel Steels 96% premium3. Nadidih Feegrade 117.206 Ha Area - Electrosteel Steels - 92% premium4. Gandhalpada 241.1 Ha Area - Tata Steel 141% premium5. Jumka Pathiriposhi 158.509 Ha Area - Rungta Mines 110% premium6. Purheibahal 64.337 Ha Area - Rungta Mines 124% premium7. Chandiposhi 131.580 Ha Area - Rungta Mines 113% premium8. Dholtapahar 60.508 Ha Area - Kashvi International 127% premium9. Netrabandha Pahar (West) 74.370 Ha Area - Raga Tradecon 139% premiumThe bidding for 11 mineral blocks, for which notice inviting bids was issued on July 7, had started from 18 September. Total 123 bids have been received for these mineral deposits. The Odisha government put the auction of Karlapat iron ore and bauxite block on hold till further notice following a court order. It also cancelled the auction of Teherai block due to limited participation
