HomeNewsTrendsCurrent AffairsOdisha ready for auction of four more mines: Minister

Odisha ready for auction of four more mines: Minister

The Odisha government is all set to put four more mines on auction under the amended MMDR Act, 2015.

October 17, 2016 / 20:24 IST
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The Odisha government is all set to put four more mines on auction under the amended MMDR Act, 2015.

"We are prepared to issue notification for the auction of four mines in 2-3 days. The process has been delayed due to Puja vacations," Odisha's steel and mines minister Prafulla Kumal Mallick told reporters here.

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Stating that bidders would be asked to participate in the e-auction process, the Minister said that the four demarcated mines for auction comprised three limestone ones and one manganese mine located in Rayagada, Nuapada and Malkangiri districts.

Replying to a question, Mallick said that the volume of reserve and bidding price of these mines would be part of the notification.