Bhubaneswar | Dec 6, 2015: The Odisha government would put only two mines for auction in the first phase even as it had identified 12 blocks for open bidding in the state."
Two mines like Ghoraburahani-Sagasahi East Iron Ore Block and Jhunka-Patriposi block, will be put for auction in the first phase," state steel and mines minister Prafulla Kumar Mallick told the Assembly in a written reply on Friday.
The two mines are located in Sundergarh district.
Mallick informed the House that the 12 mines identified for auction comprised five iron ore mines, five limestone blocks, one bauxite block and one manganese block.
Ghoraburanhani–Sagasahi East Iron Ore Block is of 2.435 sq km having 116.16 Million Ton Reserve of Iron Ore and Jhumka-Pathiriposi Iron Ore Block covering 3.10 sq km having reserve of 30 Million Ton of Iron Ore as per the survey taken up earlier, official sources said.
Chief Minister Naveen Patnaik while chairing over the High Level Clearance Authority (HLCA) meeting has also asked to reserve Ghoraburhani-Sagasahi East Block for the End-Use of Integrated Steel Plants, they said.
The HLCA felt that a number of Integrated Steel Plants in the state do not have their own sources of raw material supply.
Therefore end use reservation would help the domestic value addition, they said.
(Source: http://news.niticentral.com/)