The Orissa Minerals Development Company Limited
Orissa Minerals Development Company Limited was incorporated in 1918. It operates various Iron Ore and Manganese Ore in various districts through leases.
What The files
- Others42
- Important23
- Board Meeting11
- Updates9
- Results4
The Orissa Minerals Development Company Limited has informed the Exchange about General Updates
Company received Environmental Clearance for its Belkundi Iron & Manganese Ore Mine, enabling 1.8 MTPA Iron Ore and 0.3 MTPA Manganese Ore production. It paid ₹118.26 Cr in past violation penalties and committed ~₹12.10 Cr for environmental remediation and community plans.
The Supreme Court restored OMDC's Belkundi Mines environmental clearance proposal, validating prior clearances. MoEF&CC also gave a positive assessment for Belkundi Mines' EC, pending conditions. This clears a key hurdle, allowing pending applications under earlier frameworks to proceed for future mining operations.
Orissa Minerals Development Co. Ltd. secured environmental clearance for its Belkundi Iron & Manganese Ore Mine. This allows 1.8 MTPA Iron Ore and 0.3 MTPA Manganese Ore production, contingent on a Rs. 4.81 Cr bank guarantee for implementation plans.
Orissa Minerals Development Co. (OMDC) saw its appeals against Jai Balaji Industries dismissed by the Supreme Court. This means OMDC's challenge to a High Court order failed, concluding this specific legal matter.