Odisha to auction seven more mineral blocks in December

The blocks will be auctioned after receipt of reports on exploration from the MECL

The Odisha government has lined up seven more mineral blocks for auctions in this financial year. These include five iron ore, one limestone and one graphite block slated to be auctioned in December this year.
 

The blocks will be auctioned after receipt of reports on exploration from the Mineral Exploration Corporation Ltd (MECL). The state has hitherto auctioned five mineral blocks — three iron ore and one each of limestone and manganese. Essar Steel, Bhushan Steel Ltd and Bhushan Power Ltd have bagged one iron ore block each. The sole limestone block has gone to Dalmia Cement whilst mine developer