Naveen Jindal urges Odisha government to operate closed iron ore mines

BHUBANESWAR: Jindal Steel and Power Ltd (JSPL) chairman Naveen Jindal on Thursday mentioned the metal industry is dealing with difficulties in iron ore provide as iron ore price has gone up by means of about 100 in keeping with cent in previous 8 months.
Jindal, who met chief secretary A P Padhi right here at the state secretariat, steered the state government to begin steps to perform the seven mines which were closed following non-payment of penalty according to the August 2 Supreme Court order.

"At present, the steel industry in Odisha is importing coal and limestone. If iron ore is to be imported then steel industry in Odisha will not survive," he added.

The JSPL boss mentioned the corporate has invested more than Rs 33,000 crore for its plant at Angul. "If we won't get iron ore at affordable price, how will the company become competitive in international market?" he requested.

He mentioned iron ore prices will come down with building up of its production. "If iron ore mines will become operational, lakhs of people will get employment, state government will also get royalty and fund in district mineral foundation," he mentioned.


Asked in regards to the state government's response to his proposal, Jindal mentioned the chief secretary confident him to examine representation submitted by means of metal industry affiliation and mining house owners affiliation and to absorb problems with the Centre on operation of closed mines.


Jindal additionally demanded for increasing availability of railway rakes for transfer of uncooked subject material for industries. "We are not able to run the plant in full capacity because of unavailability or railway rakes. Steps should be taken to make improve railway rakes availability," he mentioned.


He additionally demanded for increasing coal production by means of MCL to make coal to be had for energy generation.


The JSPL chief additionally met metal and mines minister Prafulla Mallik.
Naveen Jindal urges Odisha government to operate closed iron ore mines Naveen Jindal urges Odisha government to operate closed iron ore mines Reviewed by Kailash on February 01, 2018 Rating: 5
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