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Orissa Minerals Development Company has received 6 iron and manganese ore mines on lease, from the office of Government of Odisha (Steel&Mines Department) in Keonjhar district, Bhubaneswar.
In its filing the company stated, “..received Bhadrasahi iron and manganese ore mines with area over 998.70 hectares, Roida-Bhadrasahi iron ore mines over 103.600 hectares, Roida-Bhadrasahi iron ore mines over 103.600 hectares, Belkundi iron and manganese ore mines over 1,276.790 hectares, Kolha-Roida iron and/or manganese ore mines over 254.952 hectares, Thakurani iron and manganese ore mines over 1,546.55 hectares and Bagiaburu iron ore mines over 21.52 hectares.”
Further it stated that, the state government without any bias, will terminate the lease and forfeit the performance security if the company fails to make payment, of the amount of compensation along with applicable interest within 60 days, from the date of receipt of the notice.
