India: Odisha Govt. Starts Technical Round for Narayanposhi Mines
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Odisha Govt has started second iron ore block technical qualification round today (i.e 30th Jan 2020) for iron ore and Manganese ore mines which have their lease expiry on 31st March 2020.
As per the sources, there were ten technically qualified bidders for the Narayanposhi iron ore mine block.
Odisha govt. is expected to announce technically qualified bidders for other mines one after other gradually in the coming days.
| Name of the Block | Technically Qualified Bidders |
| Narayanposhi Iron ore Block | Rungta |
| KJS | |
| Arcelor Mittal India Pvt Ltd | |
| Orissa Metaliks | |
| JSW Steel Limited | |
| Pro-Minerals | |
| RINL | |
| Vedanta | |
| JSPL | |
| Tata Steel |
Yesterday, the technically qualified bidders for Nuagaon iron ore mine block were identified. The bidders were Rungta and sons Ltd, Vedanta Ltd, Arcellor Mittal India Pvt Ltd, Adani Enterprises Limited, JSW Steel Limited, and TS Alloys Limited.
A.M.T.C. (P) Ltd was the existing lessee of Narayanposhi iron ore mine block. The mine has an EC limit of 6 MnT pa and has exploration done upto G2 level. The mine has total geological resource of 190.6 MnT iron ore and 0.486 MnT Mn ore.
Production of iron ore from the mines was recorded at around 2.99 MnT in FY'19 and 3.328 MnT in FY20 (till Nov'19).
