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Major policy decisions related to Steel & Mines Sector in Odisha accorded in-principle approvals

Updated: Jan 08, 2016 02:22:28pm
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Bhubaneswar, Jan 8 (KNN) Minister of Steel & Mines Narendra Singh Tomar, who is on a 2-day visit to Odisha met State Chief Minister, Naveen Patnaik on Thursday and raised issues related to development of steel and mines sector in the state. Apart from taking several important decisions during the meeting, Patnaik also sought for Centre's assistance in setting up of Aluminium Park in the state.
 
The Chief Minister responded positively and assured all possible help and speedy action and alsp0 took some important decisions to boost the sector.
 
In-principle approvals have been given for allocation of Potangi mines to NALCO.
 
“This is critical for expansion of Damanjori Unit capacity by 1 million tonne, at an investment of around Rs. 6000 crore,” the Ministry of Steel & Mines said in a statement.
 
 In-principle approval has also been accorded for giving PL for Thakurani mines block-A to SAIL and resolution of Bolani mines and Barsua mines issue.
 
“Concrete action to be taken in a month or two,” the Ministry said.  
 
The government also decided expediting setting up of District Mineral Foundations in different districts, in addition to the 12 districts where DMF has been set up already. 
 
“Efforts will be made to set up DMF in remaining districts and amending the DMF rules, within this month,” said the Ministry adding that full support would be extended for MECL in facilitating G-2 level exploration of mine blocks.
 
The government also considered of making royalty of iron ore lumps and fines different in line with the practice in other states for revival of steel and mining sector. At present lumps and fines are being charged same royalty rates in Odisha.
 
Discussions were held on expediting renewal of ML of mines, which are pending owing to different reasons. Only 80 out of 400 major mineral mines in Odisha are operational at present.
 
 Odisha CM Patnaik sought support from centre on approval of GOI under Section-6 (1) for grant of mineral concessions for 3000 hectares Karlapet Bauxite deposit in Kalahandi district. State government had reserved the deposit for Odisha Mining Corporation under Section-17 A. The proposal is to grant ML for 1848 hectares and PL for 1157 hectares.
 
He also sought Centre’s help in setting up of Aluminium Park by NALCO in Odisha. Tomar assured of all possible help in these areas. (With PIB Inputs)

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