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SAIL in process of selecting MDO for iron-ore mines at Rowghat and Chiria: Report

24 Sep 2014 Evaluate

In a bid to strengthen raw material security, Steel Authority of India (SAIL) is reportedly in the process of selecting a mine developer-cum-operator (MDO) for development of its iron-ore mines at Rowghat in Chhattisgarh and Chiria in Jharkhand. In addition to selecting the MDO for Rowghat and Chiria, new iron-ore deposits are also being scouted for.

Meanwhile, the Ministry of Mines has accorded approval for grant of mining leases for iron-ore associated minerals over an 871.38 hectare in Dhul Khera, Rajasthan, for a period of 30 years.

SAIL is India's largest steel producing company. The company is among the five Maharatnas of the country's Central Public Sector Enterprises. The company has five integrated steel plants, three special plants, and one subsidiary in different parts of the country.

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