Jindal Steel gets 278 mt Kasia iron ore mine in Odisha

24 Sep 2021 CW Team

Indian steel and energy company Jindal Steel and Power Limited (JSPL) has bagged 278 mt Kasia iron ore block in Odisha for captive use.

The Kasia iron ore mine is located about 17 km from the company's pellet plant in Barbil in Odisha, JSPL told the media.

At present, the 278 mt mine has an environmental clearance (EC) for mining 7.5 mt mineral per annum, the company said.

The company said that for the mining lease grant of the Kasia iron and dolomite mine, JSPL has received official communication from the Odisha government. For the mine at a 118.10% premium, JSPL has been declared as the preferred bidder.

It has a large resource of 278 mt of iron ore with an average iron grade of about 62.5%.

The e-auction of Kasia iron and dolomite mineral mine was held on September 18 this year, which was owned and managed by Essel Mining and Industries earlier.

Currently, the company has about 9 mt per annum crude steel capacity and intends to increase the capacity to 16 mt per annum by FY25. The company will get a massive strategic benefit through this large captive iron ore source access, said VR Sharma, Managing Director, JSPL.

He said that the company has plans to utilise a slurry pipeline from the Barbil area to Angul, which will further decrease the logistics price.

JSPL has a vital presence in the steel, power, and mining sectors, with investments worth Rs 90,000 crore globally.

Image Source

Also read: Odisha sanctions projects worth Rs 640 cr under OMBADC

Resources

09 Mar 2026

Haworth India Hosts Women’s Leadership Panel Series

Haworth India marked International Women’s Day by hosting a leadership roundtable series titled ‘Give to Gain’, bringing together senior women leaders from architecture and design firms, corporates and project management consultancies. The series has been conducted in Delhi and Mumbai, with upcoming sessions scheduled in Bengaluru and Hyderabad on 27 March 2026. Structured as moderated panel discussions followed by audience interaction, the initiative examined the business impact of women’s leadership and the role of inclusive workplaces in supporting professional growth. Manish Khan..

Max Estates Secures RERA For Max One Project

Max Estates has secured RERA approval (UPRERA No.: UPRERAPRJ9759) for its Max One development around Max Towers in Sector 16B, Noida, bringing renewed progress to a project previously stalled following the insolvency of its earlier developer. Spread across around 10 acres with an estimated development potential of about 2.5 million sq ft, Max One is planned as an integrated mixed-use campus combining serviced residences, premium offices, retail spaces and a private club. The project is expected to generate total sales potential of about Rs 20 billion along with an estimated annuity rental inc..

Hindware Introduces Starc Smart Wall Mount Toilet

Hindware has introduced the Starc Smart Wall-Mount Toilet under its Hindware Italian Collection, designed to combine automation, hygiene and contemporary bathroom aesthetics. The model features automatic flushing, sensor-based seat opening and closing, and remote-controlled functions. It also includes an oscillating water spray and warm air dryer for cleaning, along with a self-cleaning nozzle designed to maintain hygiene. Additional features include adjustable heated seating, customisable water temperature and pressure settings, a foot-touch flush system and an LCD control interface. The wa..