India's Jindal Steel Limited becomes preferred bidder for another iron ore block in Odisha

The Indian company Jindal Steel Limited has become the preferred bidder for the Rengalaberha North-East Extension and Nuagan West iron ore sites in Odisha, a representative of the state government said on Friday, March 13.

The official stated that the 84-hectare site has been explored to the G2 level and contains estimated iron ore resources of about 38 million tons.

Earlier this week, the company was also announced as the preferred bidder for the Thakurani A1 iron ore site, also in Odisha, with estimated reserves of 50 million tonnes, with Jindal Steel Limited planning to mine approximately 1.5-2 million tonnes of ore per year.

These mines are part of 12 mineral blocks that the Government of Odisha put up for auction in December 2025.