Jindal Steel Secures 50-Year Odisha Mining Lease for Roida‑I Block

Jindal Steel has received a Letter of Intent (LoI) from the Government of Odisha to secure a 50‑year mining lease for the Roida‑I iron ore and manganese block, located in the state’s Keonjhar district.

Block Profile and Production Details

• Area Covered: Approximately 104.84 hectares

• Mineral Deposits: An estimated 126.05 million tonnes of iron ore and manganese

• Environmental Clearance: A production capacity of 3 million tonnes per annum (MTPA) has been granted

Strategic Significance for Jindal Steel

According to company leadership, this mining lease is a critical enabler for Jindal Steel’s long-term vision of self-reliant steel production. The Roida‑I block is expected to bolster raw material security, enhance operational stability, and optimize costs, supporting the company’s broader growth strategy.

This development strengthens Jindal Steel’s position as a fully integrated steel producer by ensuring direct access to essential raw materials in a mineral-rich region of Eastern India.

Auction and Regulatory Process

Jindal Steel emerged as the preferred bidder following the e-auction held on June 6, 2025, conducted under the Mines and Minerals (Development and Regulation) Act, 1957, and the Mineral (Auction) Rules, 2015. The official LoI from the Odisha government marks a significant milestone in securing these long-term extraction rights.

Implications for Regional Development

• Forward Integration: The lease strengthens Jindal Steel’s upstream integration, reducing dependence on external suppliers and enhancing margins.

• Local Investment & Employment: Mining operations are expected to catalyze infrastructure development, generate local jobs, and boost ancillary services around Keonjhar.

• Sustainable Practices: With environmental clearance in place, Jindal Steel is likely to focus on eco-compliant mining practices, including land reclamation and community rehabilitation.

In the coming months, Jindal Steel is expected to move into the detailed mine planning and operational phase, prioritizing environmental management, local community engagement, and logistical integration with its steelmaking facilities. This milestone could also pave the way for further industrial expansion in Odisha, aligning with state initiatives to boost mining activity and promote integrated growth.