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Posco counsel Mukul Rohtagi contended that the state government-owned Orissa Mining Corporation had agreed to supply uninterrupted iron ore and other minerals for its steel project and had identified mines in the western part of the state, some 300 km away from its project site
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The Economic Survey, 2002 shows that the employment potential of the sector has actually reduced. In Dhenkanal, Jajpur and Keonjhar districts, mines employed 8,886 people in 1995-96 but only 6,679 in 1999-2000
OMC will now reserve 70% of the and 80% of the it for local companies and will also have the independence to price the minerals. A high-level meeting chaired by finance minister Prafulla Ghadai also decided to allow OMC to export 70% of its output of fines to other states and even abroad, as the states steel industry does not have the technological expertise to process fines
The government is likely to collect Rs 2400 crore from the deposits made towards the Net Present Value NPV of trees in the forest land diverted for and industrial use. A major chunk of this amount, approximately about Rs 900 crore, will be contributed by the state owned OMC which holds lease over vast
The is a public sector undertaking of the State of . On 18-8-1982, the present petitioner filed an application to the State Government for grant of lease in respect of the area in question for extraction of manganese
The Government of Odisha had undertaken an auction process for the grant of mining lease for the Saruabil Chromite mining block. Jan 08, 2020 08:01 IST | India Infoline News Service Tata Steel on
· Odisha is endowed with large resources of bauxite, china clay, chromite, coal, dolomite, fireclay, graphite, gemstones, iron ore, limestone, manganese ore, mineral sand, nickel ore, pyrophylite and quartz. Odisha is the leading producer of chromite, graphite, bauxite, manganese ore, iron ore, sillimanite, quartzite, pyroxenite and dolomite
· Serajuddin and Co retains Balda iron block February 4, 2020 February 4, 2020 Update Bureau Mines Auction. Bhubaneswar: Serajuddin and Co has retained the Balda iron block in the action in , said an official on Tuesday