Friday, March 13, 2026
News

Jindal Steel Declared Preferred Bidder for Rengalaberha North-East Extension and Nuagan West Iron Ore Block in Odisha

SocialTwist Tell-a-Friend    Print this Page   COMMENT

| March 12, 2026 12:52:04 PM IST
Jindal Steel Ltd

Bhubaneshwar (Odisha) [India], March 12: Jindal Steel has been declared the preferred bidder by the Government of Odisha for the Rengalaberha North-East Extension and Nuagan West Iron Ore Block in Keonjhar district. The iron ore block spans approximately 84 hectares. Following the successful conclusion of the online auction, Jindal Steel has committed to a final price offer of 111.15 per cent premium to the Government of Odisha.

The block was part of a tranche of 12 mineral blocks notified for auction by the Directorate of Mines and Geology, Odisha, in December 2025. As per Government records, the block has been explored up to the G2 level and hosts estimated iron ore resources of approximately 38 million tonnes.

About Jindal Steel

Jindal Steel Limited is one of India's foremost integrated steel producers, renowned for its scale, efficiency, and commitment to excellence. Operating on a robust mine-to-metal model, the Company leverages captive resources, advanced manufacturing capabilities, and a global distribution network to deliver high-performance steel solutions. With an investment footprint exceeding USD 12 billion, Jindal Steel runs state-of-the-art facilities in Angul, Raigarh, and Patratu, and maintains strategic operations across India and Africa. Its diversified and future-ready product portfolio underpins core sectors such as infrastructure, construction, and manufacturing, powering progress through strength and sustainability.

(ADVERTORIAL DISCLAIMER: The above press release has been provided by Jindal Steel Ltd. ANI will not be responsible in any way for the content of the same)

 
  LATEST COMMENTS ()
POST YOUR COMMENT
Comments Not Available
 
POST YOUR COMMENT
 
 
TRENDING TOPICS
 
 
CITY NEWS
MORE CITIES
 
 
 
MORE BUSINESS NEWS
Bajaj General Insurance Releases Guide t...
Delhi expected to witness significant ri...
India's non-bank lenders seen growing fa...
India's Tallest Steel Door Installed at ...
Memory chip shortage driven by rising AI...
LTM Recognized as Innovator in Avasant's...
More...
 
INDIA WORLD ASIA
SC grants bail to separatist leader Shab...
SC grants bail to two accused in Siddhu ...
Minor children's custody with mother not...
Accused in Farooq Abdullah firing case s...
'Coal and LPG prices may be adversely af...
Telangana CM Revanth Reddy directs offic...
More...    
 
 Top Stories
PM Modi speaks to Iranian President... 
SC grants bail to two accused in Si... 
SC grants bail to separatist leader... 
Request people not to panic: Tamil ... 
IFL 2025-26: Dempo SC come from beh... 
"Iran team is welcome to World Cup,... 
Assam CM Himanta Biswa Sarma hands ... 
Uttarakhand: Dehradun DM holds meet...