JSW Steel Ltd.

BSE: 500228 | NSE: JSWSTEEL
Large Cap | Steel & Iron Products
1229.75
6.10 (0.50%)
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JSW Steel declared as ‘Preferred Bidder’ in auctions for granting Mining Lease for Iron Ore Mineral in Goa

Date: 13-06-2023

JSW Steel has been declared as a ‘Preferred Bidder’ vide communication dated June 9, 2023 received from the Directorate of Mines and Geology, Goa, for grant of Mining Lease for Iron Ore Mineral in the State of Goa, in the Auctions held by the State Government of Goa.

The company will take all requisite steps as per the tender document to obtain Letter of Intent, all statutory clearances to execute the Lease Deed with Mine Development and Production Agreement (MDPA) and start the mining operations.

JSW Steel is one of the largest steel manufacturing companies in India having units in Karnataka and Maharashtra producing crude steel, long steel and flat steel products.