Tag: Omc

However, petrol and diesel prices remained unchanged on Monday after increasing for four consecutive days.

Bhubaneswar: The Odisha government has granted leases of 18 mines for a period of 50 years including a bauxite mining lease to State-owned Odisha Mining Corporation (OMC). The state government has already received Rs 500 crore from these concerned mines as stamp duty and in future it will receive more revenue in way of mining […]

The State Cabinet on Monday allowed state-run Odisha Mining Corporation (OMC) to export iron ore, a decision expected to help the company meet its revised ore production target for the current year

Bhubaneswar: The State Cabinet on Monday allowed state-run Odisha Mining Corporation (OMC) to export iron ore, a decision expected to help the company meet its revised ore production target for the current year. The Cabinet also approved the amendment in the long term ore linkage policy through OMC to clear its supply glut through other […]

The Supreme Court on Friday asked the Odisha government to file a fresh petition in connection with the Niyamgiri mining case including all stakeholders as parties

Bhubaneswar: The State government today effected a reshuffle in the senior bureaucracy appointing former Malkangiri collector R. Vineel Krishna as the Chief Executive Officer (CEO) of the Special Purpose Vehicle (SPV) created for the Bhubaneswar Smart City project after his return from Central deputation. Vineel Krishna has also been given additional charge as the Managing […]

Bhubaneswar: Soon after the Supreme Court constituted a 3-judge bench to hear the petition filed by the Odisha government seeking review of apex court’s decision to uphold restrictions on mining of bauxite in the Niyamgiri hills, the Congress has alleged the State and Central government are working hand in gloves to give away mining rights […]

A two-judge bench of the Supreme Court on Friday recommended to the Chief Justice of the apex court formation of a three-judge bench to hear the petition filed by the Odisha government seeking review of the 2013 SC decision upholding the resolution passed by 12 gram sabhas not to allow mining of bauxite in the Niyamgiri hills

Bhubaneswar: State-owned miner Odisha Mining Corporation (OMC) is targeting an ore production of 6.55 million tonne (MT) in the 2016-17 financial year, OMC managing director (MD) Girish SN said on Tuesday. “This year we have a target to produce 6.55 MT ore. It will be gradually increased to 10 MT in the next financial year,” […]

Bhubaneswar: The Odisha Cabinet on Wednesday amended a long-term linkage policy to facilitate Vedanta company to source bauxite from the Odisha Mining Corporation (OMC) to run a refinery and smelter plants in the state. “The Cabinet decision will enable Vedanta Limited, which has set up an alumina refinery and aluminium smelter in the state under […]

New Delhi: The government cannot change fuel prices on a knee-jerk basis, Petroleum Minister Dharmendra Pradhan said on Wednesday on a day when stocks of state-run oil marketing companies (OMCs) tanked by as much as eight per cent following recent hikes in transport fuel prices. “The government cannot change fuel pricing on a knee-jerk basis,” […]

Bhubaneswar: The Odisha Mining Corporation (OMC) on Saturday said it has set a target to achieve highest ever production of eight million tonnes (MT) of iron ore during the current financial year (2017-18) while a a work plan has been set to ramp it up to 20 MT by 2019-20. Beating the global market slowdown, […]

Bhubaneswar: Odisha Mining Corporation (OMC), a state public sector undertaking (PSU), on Tuesday paid an interim dividend of Rs 500 crore to the state government for the 2016-17 financial year. Steel and Mines Minister Prafulla Mallick handed over a cheque of Rs 500 crore to Chief Minister Naveen Patnaik towards OMC’s dividend against the state […]

The Odisha government on Saturday asked the Odisha Mining Corporation (OMC) to scale up production to meet the target of 8.64 million tonnes (mt) in the 2016-17 financial year

Lanjigarh: Encouraged by supply of bauxite from the state-owned Odisha Mining Corporation (OMC), the Vedanta Limited is optimistic about completion of its refinery expansion project. Though the aluminium major has been managing to run its 2 mtpa refinery since 2007 by importing bauxite from other states and abroad, the company for the first time received […]