The Orissa Government has received proposals from eight companies interested
in undertaking coal mining in Angul district.
The state government has issued terms and conditions for mining operation in
favour of four companies. They are Jindal Steel and Power (JSPL), Monnet Ispat
and Energy, Utkal Coal and Kalinga Mines.
Meanwhile, the proposals of four others are under process. They are NALCO,
Tata Sponge Iron, Bhushan Steel and Mandakini Coal.
JSPL has signed an MoU with the state for establishment of a six million tpa
steel plant. Similarly, Monnet Ispat has also inked MoU for setting up a 0.25
million tpa steel plant.