Iron_ore_e-auction

Odisha may Announce Eligible Bidders for Iron Ore Block on 25 Feb’16

Bhubaneswar : The Odisha government is likely announce names of eligible bidders for the lone iron ore block offered for online auctions on February 25. Seven major steel producing companies including a state run entity have submitted technical bids for the Ghorhaburhani-Sagasahi iron ore block having deposits of 99.5 MnT.

“A technical committee of the state government today evaluated the bids submitted by seven companies. We will announce the names of successful bidders on February 25 after considering all criteria”, said Deepak Mohanty, director of mines with the Odisha government.

The technical bids for the iron ore block opened on February 11. Tata Steel, Jindal Steel & Power Ltd (JSPL), JSW Steel, Bhushan Steel, Bhushan Power & Steel Ltd, Essar Steel and public sector firm Rashtriya Ispat Nigam Ltd (RINL) are among the bidders.


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