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Non-payment of fines to shut off 20 mn tonne iron ore capacity in Odisha

The deadline for paying compensation for overproduction of iron and manganese ore according to SC judgment was December 31

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Jayajit Dash Bhubaneswar
Seven working iron ore mines have shut down in Odisha as nine owners failed to pay the penalties ordered by the Supreme Court. The closure of operational leases is set to knock of 20 million tonnes (mt) of annual iron ore capacity in the state.

Odisha is the biggest producer of iron ore in the country. The state produced in excess of 100 mt in last fiscal and has approved environment clearance (EC) to churn out 180 mt in 2017-18.

The deadline for paying compensation for overproduction of iron and manganese ore according to the August 2 Supreme Court judgment