×
Thursday, March 28, 2024

Odisha puts Karlapat bauxite block auction on hold - THE WEEK

Last updated Wednesday, September 22, 2021 13:43 ET , Source: NewsService

 Bhubaneswar, Sep 22 (PTI) The Odisha government has put the auction of Karlapat iron ore and bauxite block on hold till further notice following a court order.<br>&nbsp;&nbsp;&nbsp;&nbsp; As the block lies near the Karlapat Wildlife Sanctuary, a designated elephant corridor in Kalahandi district considered ecologically very sensitive, environmentalists were opposed to the mining operation in the area.<br>&nbsp;&nbsp;&nbsp;&nbsp; The Directorate of Mines under the Steel and Mines Department of the Odisha government, in a notice on Tuesday said, "In compliance to the interim order of the Hon'ble High Court of Orissa…dated 09th Sep 2021, auction process of Karlapat Bauxite Block has been put on hold till further notice."<br>&nbsp;&nbsp;&nbsp;&nbsp; The directorate said that the invitation of bids for grant of mining lease for iron ore, iron ore and manganese, iron ore and dolomite and bauxite minerals dated July 7, 2021 was issued by the Odisha government.<br>&nbsp;&nbsp;&nbsp;&nbsp; Karlapat was among the 11 mineral blocks, including seven virgin mines, put up for auction by the Odisha government for which the bidding process began on Saturday.<br>&nbsp;&nbsp;&nbsp;&nbsp; In the auction process, Jindal Steel and Power Limited (JSPL) bagged the Kasia iron ore block at a premium of 118.1 per cent. Seven companies were in the race for the mining block, spread over...


Read Full Story: https://www.theweek.in/wire-updates/business/2021/09/22/ces22-od-mineral-auction.html

Your content is great. However, if any of the content contained herein violates any rights of yours, including those of copyright, please contact us immediately by e-mail at media[@]kissrpr.com.