Jindal Steel has emerged as the preferred bidder by the Odisha government for the Rengalaberha North-East Extension and Nuagan West Iron Ore Block in Keonjhar district.
The iron ore block spans approximately 84 hectares, the Naveen Jindal-led steel manufacturer said in a press release.
The steelmaker won the block by committing a final price offer of 111.15 per cent premium to the Odisha government. Bidding for the mine, conducted online on Tuesday, started at a premium of 101.05 per cent, reports said.
The block was part of a tranche of 12 mineral blocks notified for auction by the Directorate of Mines and Geology, Odisha, in December 2025.
As per the government records, the block has been explored up to the G2 level and hosts estimated iron ore resources of approximately 38 million tonnes.
Jindal Steel Limited, one of India’s foremost integrated steel producers, currently operates iron ore mines at Tensa, Kasia and Roida-1, with a combined production capacity of 10.61 mt.
With an investment footprint exceeding USD 12 billion, Jindal Steel runs facilities in Angul, Raigarh, and Patratu, and maintains strategic operations across India and Africa. Its diversified and future-ready product portfolio underpins core sectors such as infrastructure, construction, and manufacturing, powering progress through strength and sustainability.
