Odisha govt invites bids for 10 iron ore and manganese blocks

The state government has invited both financial and technical bids both in physical and digital formats

The Odisha government has invited financial and technical bids to grant mining leases (ML) for 10 iron ore and manganese blocks.

The central government had recently approved the revision in mining lease area limits for iron ore and associated minerals in Odisha to 58 square kilometres (sq km), up from 10 sq km prescribed in Section 6 (1) (b) of the Mines and Minerals- Development & Regulation (MMDR) Act. The state had kept the auctions of iron and manganese ore in abeyance for want for clearance from the Centre.

Seven of the mineral blocks on offer are pure iron ore