Steel Minister Dharmendra Pradhan confirmed on Wednesday that Rashtriya Ispat Nigam Limited (RINL), the corporate arm of the Visakhapatnam Steel Plant (VSP), was procuring iron ore from the open market in absentee mines, and this was one of the factors to make up for the loss. .
He also said that RINL had requested several state governments including Odisha, Chhattisgarh and Andhra Pradesh to recommend reservation of iron ore deposits under Section 17A (2A) of the MMDR Act – 2015 to the Ministry of Mines.
Shri Pradhan also said that the Ministry of Steel had requested the Government of Odisha for reservation of iron ore blocks in favor of RINL.
Rajya Sabha Member of Union Minister YSRCP V. Vijaya was referring to an unstarred question by Sai Reddy as to whether the non-availability of captive mines was the main reason for the loss of RINL.
Referring to a question on coal block allocation to RINL, Mr. Pradhan said that RINL was allocated Rabodih OCP coal mine in Jharkhand under the “Mines” (Special Provisions) Act, 2015 in March 2020, by the ministry “Coal Of.
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