Jindal Steel Named Preferred Bidder for Odisha’s Thakurani-A1 Iron Ore Block
The company committed a 101.20% premium in the online auction.
Overview
- The Government of Odisha declared Jindal Steel the preferred bidder following the conclusion of an online auction.
- The Thakurani-A1 iron ore block covers 202 hectares in Keonjhar district.
- Government documents cite the deposit as G3-level explored with about 50 million tonnes of resources.
- The asset was part of a December 2025 auction round of 12 virgin mineral blocks notified by the state.
- The announcement was conveyed through a stock exchange filing and press materials distributed by news agencies.