Odisha ready to auction 17-18 mineral blocks, says Union mines secretary

State has auctioned three iron ore blocks and a few limestone deposits. Essar Steel, Bhushan Steel and Bhushan Power & Steel have emerged as successful bidders in online auctions of three iron ore blo

Union mines secretary Anil Mukim exuded confidence  on the progress of mineral block auctions in Odisha and the strides made by the state with respect to the District Mineral Foundation (DMF).

“I am made to understand that 17-18 mineral blocks in the state including iron ore blocks could be put up for auctions. Odisha is a very proactive state in conducting auctions. Collection under DMF has exceeded Rs 50 billion and new projects are getting approved. Moreover, a monitoring mechanism has been put in place,” said Mukim.

Odisha has successfully auctioned three iron ore blocks and a couple of limestone deposits. Essar