DBT Bureau
Pune, 11 March 2026
Jindal Steel said in an exchange filing that it has achieved a significant milestone in its strategic growth journey. The company was declared the preferred bidder by the Government of Odisha for the Thakurani-A1 Iron Ore Block, spread over 202 hectares in Keonjhar, Odisha, following the conclusion of the online auction, committing to pay a 101.20 per cent premium to the government.
The Thakurani-A1 Iron Ore Block was part of a recent auction round for 12 virgin mineral blocks notified by the Odisha Directorate of Mines and Geology in December 2025. The virgin block is G3-level explored and has around 50 million tonnes of iron ore resources, according to government documents.
