The government of the Indian state of Orissa has received eight proposals from companies keen to start coal mining in the Angul district in the centre of the state. Terms and conditions have now been issued for four of the applications while four others are still under process.
Steel and mines minister Raghunath Mohanty said that Jindal Steel and Power Ltd (JSPL), Monnet Ispat and Energy Ltd., Utkal Coal, Kalinga Mines Ltd have been issued terms and conditions for coal mining while National Aluminium Company Ltd (Nalco), Tata Sponge Iron Ltd, Bhushan Steel Ltd and Mandakini Coal Ltd are all having their applications considered.
Jindal Steel and Power Ltd (JSPL) and Monnet Ispat and Energy Ltd both propose to set up steel plants in Angul district. JSPL has signed a memorandum of understanding (MoU) for the establishment of a 6 million tonne per annum (mtpa) splant while Monnet Ispat is to set up a 0.25 mtpa steel plant.
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