Tag: Odisha iron ore mines
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India: A year later, half the auctioned Odisha iron ore mines fail to meet MDPA target
A year after it auctioned 19 new leases, the Odisha government is preparing to penalise half the mines for falling short of their despatch targets. The penalty, it is feared, could run into hundreds and even thousands of crores for some lessees such as Serajuddin and Co who have only managed to meet 16.41% of…