Subhechcha Ganguly 
Jindal Steel & Power has emerged as the preferred bidder for the Thakurani A1 iron ore block located in the state of Odisha. The development is expected to significantly strengthen the company’s iron ore supply as it continues expanding the capacity of its Angul steel plant.
According to reports, the Thakurani A1 mine contains more than 50 million tonnes of iron ore, making it an important resource for the company’s long-term production plans. By securing this block, Jindal Steel aims to ensure a steady supply of raw materials needed for its growing steel manufacturing operations.
To win the block, the company committed a premium of 101.20%, reflecting strong competition and the strategic importance of the mine. Industry observers believe the acquisition will help Jindal Steel reduce dependence on external ore sources while supporting future growth in the steel sector.
