Business Standard

Tuesday, December 24, 2024 | 05:19 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

Jindal Steel & Power wins bid for Kasia mine in Odisha

Image

Capital Market
Jindal Steel & Power (JSPL) has received the official communication from the Government of Odisha for the grant of mining lease of the Kasia Iron & dolomite mine situated in the state. JSPL has been declared as the preferred bidder for the mine at a premium of 118.10%.

The Kasia Mine has a large resource of 278 million tonnes of iron ore and it consists of an average Fe grade of approx. 62.5%, The Mine has favourable lumps to the fine ratio of 20:80. The mine has an Environmental Clearance (EC) of 7.5 MTPA. The e-auction for Kasia Iron & dolomite block was held on 18 September 2021.

 

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Sep 23 2021 | 9:16 AM IST

Explore News