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In January 2023, Odisha will hold an auction for 5 mineral blocks

By amfnews Dec 18, 2022 #Featured
In January 2023, Odisha will hold an auction for 5 mineral blocks_AMF NEWSIn January 2023, Odisha will hold an auction for 5 mineral blocks_AMF NEWS
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According to a report from the PTI on Sunday, the government plans to sell six mines, including five in Odisha.

Three of them are limestone blocks, and the other three are bauxite mines.

According to the Ministry of Mines, two limestone mines in Odisha, Garramura and Uskalabgu, and three bauxite blocks, Ballada, Kutrumali, and Sijimali, are virgin blocks. Nimana-Duniya, a limestone block in Kota, Rajasthan, is the last existing mine.

In November, a notice requesting bids for all six blocks was published.

In 2015–16, the government began the process of awarding mineral blocks through auctions. As of November 30th, 216 mining blocks in 10 states had been put up for auction.

By amfnews

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