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Rs.2,000 crore from lease renewals

Rs.2,000 crore from lease renewals

The Odisha government has inked supplementary lease deeds to facilitate reopening of 10 iron and manganese ore mines in Sundargarh district. The government expects to garner around Rs 2,000 crore by way of stamp duty and registration fee.

The lease deeds were executed for five mines owned by Rungta Group and the rest by Odisha Manganese & Minerals Ltd (OMM) and Aryan Mining & Trading Corporation Ltd (AMTC).

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