
Deals11 Mar 2026, 10:01 pm
Jindal Steel Declared Preferred Bidder for Rengalaberha North-East Extension and Nuagan West Iron Ore Block in Odisha
AI Summary
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 and Jindal Steel has committed to a final price offer of 11115 per cent premium to the Government of Odisha. The block has been explored up to the G2 level and hosts estimated iron ore resources of approximately 38 million tonnes. As per Government records. Jindal Steel Limited is one of India’s foremost integrated steel producers, renowned for its scale, efficiency, and commitment to excellence.
Key Highlights
- Jindal Steel declared preferred bidder for Rengalaberha North-East Extension and Nuagan West Iron Ore Block in Odisha
- Block spans approximately 84 hectares
- Jindal Steel committed to a final price offer of 11115 per cent premium to the Government of Odisha
- Block hosts estimated iron ore resources of approximately 38 million tonnes
- Jindal Steel is one of India’s foremost integrated steel producers