Mining blocks auctioned in Odisha
Dalmia Cement offered the highest final price offer of 12.05 per cent for the limestone block. Adani Cement and Hira Cement were the other firms besides Dalmia which were in the race for the limestone block. The block in Malkangiri district has an estimated reserve of 98.69 million tonnes. 'The state government is yet to ascertain the volume of revenue it is going to receive from the two blocks. It would take around 40 to 50 years for both the firms to complete the entire exploration process,' said an officer from the mines department.