By Our Correspondent
BHUBANESWAR: State owned Odisha Mining Corporation (OMC) has contributed Rs 500 crores to the Chief Minister’s Relief Fund (CMRF) on Thursday for supporting the State government’s efforts to control the present COVID-19 situation. Surendra Kumar, Chairman, OMC handed over the cheque to Suresh Chandra Mahapatra, Chief Secretary, Odisha at Lok Seva Bhawan in presence of Chief Minister Naveen Patnaik through video conferencing. Also present were V. K. Pandian, Secretary 5T, Balwant Singh, MD, OMC and senior officials of OMC.
With OMC growing over the years, the Corporation has always supported the State Government in its people-centric welfare programs. As a responsible PSU, OMC has been contributing significantly towards CMRF, CSR, DMF, Peripheral Development, Sponsorship and Donation. In FY 2020-21 OMC contributed Rs.1982.10 Crores towards the above including Rs. 1000 Crores as Dividend and Rs. 520 Crores to CMRF. The Corporation is funding 10 dedicated Covid-19 Hospitals in eight districts across the state.
In the last Financial Year, in spite of COVID-19 pandemic challenge, OMC registered 5.42 % growth in production of Iron, Chrome & Bauxite ores with total 17.12 Million Tons of mineral production. In the last fiscal, OMC achieved total sales revenue of Rs. 5592 crores – an increase of 36.60 % compared to the last fiscal. OMC is on its path to double the production and sales in the next two years and achieve $1 Billion revenue in the next year
