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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.