SC puts transfer of EMIL’s Jilling-Langalota Block on hold till further order

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By Our Correspondent

NEW DELHI/BHUBANESWAR: The ongoing bidding of 19 running mines under Joda-Koira-Rairangpur mining circles of Odisha’s Keonjhar-Sundargarh and Mayurbhanj districts was on Monday received a jolt with SC putting an hold on transfer of EMIL’s Jilling-Langalota Block till further order. Sources said, EMIL, a subsidiary of Aditya Birla Group had approached the Supreme Court over the ongoing bidding in Odisha.

Kolkata based Shyam Ore on had bagged the Jilling-Langalota iron ore block in Odisha’s Keonjhar district by committing to pay 135 per cent of sale to the Odisha government.Current lessee of the block is with ESSEL Mining Industries Ltd, a subsidiary of Aditya Birla Group.

Shyam Ore emerged winner among Adani Enterprises, Serajuddin & Co, JSW Steel, Rungta’s Feegrade and ESSEL Mining Industries, who were the top contenders for the block with an iron ore reserve of 72.84 million tonnes.

Till now 16 mines have been auctioned so far while Katasahi Manganese block held by Rungta Sons Pvt Ltd was the 17th mines block put for auction.

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