Odisha Govt Invites Bids for Iron Ore, Manganese Mining Lease

Bhubaneswar: With an aim to ensure uninterrupted mineral linkage to various steel plants, the Odisha Government has invited bids for grant of mining leases for nine mineral blocks including seven blocks of iron ore, one block of iron & manganese ore and one manganese ore.

Of the nine mineral blocks put for auction, seven are pure iron ore deposits. The rest have co-existence of iron ore and manganese ore reserves, sources said.

Financial bids are invited in digital format only and technical bids are invited both in digital and physical format from eligible bidders.

Eligibility conditions, date and time for participating in the electronic auction are provided in the Tender Document. Detailed Tender Documents along with timelines, notifications, updates and other details for the e-auction process for the mineral blocks are available in electronic form only and can be downloaded from the website of MSTC Limited (https://www.mstcecommerce.com/auctionhome/mlcl/index.jsp).

Interested and eligible bidders can register themselves on the above website. On successful registration, eligible bidders will obtain login ID and password necessary for participation in the e-auction process.

Model Tender Document and Mineral Block Summary are available free of cost on the website of MSTC Limited (https://www.mstcecommerce.com/auctionhome/mlcl/index.jsp).

Last date for purchase of Tender Document after payment of a tender fee on website of e-auction platform provider is Friday, November 29, 2019 and the last date for submission of the bid is Wednesday, December 4, 2019 on or before 12.00 noon, according to reports.