By Our Correspondent
BHUBANESWAR: As many as 9 Mines and Steel Companies were in race for Dholtapahar Iron Ore Block in Odisha, auction for which started on Monday from a premium of 82% and till 07. 41 PM, it touched at 126.55% and it was won by Kashiv. It was the 8th block of the 11 put for auction. Kashivi , had submitted the highest bid 82% and finally in auction , it bagged at a premium of 126.55%. 8 others in race included Rungta Mines Limited, TP Sao and Sons, Ramgad Mining and Minerals, Bajarang Power, Lal Trade, Shri Jagannath Steel and KAI Steel but failed to get it.
Till now, Rungta Mines Limited won Jumka Pathiriposhi Pahar Iron Ore Block at a premium of 110.15&%. and Chandiposhi Block at a premium of 113.10%. Tata Group had won Gandhalpada Iron Ore Virgin Block at a Premium of 141.25 Percent. Vedanta Group’s ESL bagged 2 blocks of Nadidih Iron Ore and Manganese Block (FEEGRADE at a premium of 92.30 % and Nadidih Iron Ore Block (BICO) at a premium of 95.6% while Naveen Jindal led Jindal Steel and Power Limited had bagged the Kasia Iron Ore-Dolomite Mines block at a premium of 118.1%.
Meanwhile, confusion continues to haunt Odisha Mining circles of Joda and Koira in twin districts of Sundargarh and Keonjhar ,on Purheibahal Iron Ore Block . Sources said the block may face re auction as the premium amount not only surprising but also impossible task. The Odisha government had put the auction of Karlapat iron ore and bauxite block on hold till further notice following a court order.
