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Home National

Odisha to Auction 22 More Mines to Boost Revenue and Industry

State gears up for major mineral auctions as Minister Bibhuti Jena highlights missed opportunities and promises rapid progress

TNC BUREAU by TNC BUREAU
July 22, 2025
in National, Regional
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Odisha to Auction 22 More Mines to Boost Revenue and Industry
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Bhubaneswar- In a fresh push to enhance revenue and accelerate industrial development, the Odisha government is preparing to auction 22 additional mines across the state. The announcement came from State Mines Minister Bibhuti Jena, who emphasized the government’s commitment to unlocking the state’s mineral potential.

Addressing the media, Minister Jena stated that preparations for the auction process are nearing completion. He took the opportunity to criticize the previous government for significant delays in utilizing valuable mining resources, pointing out that many mines had remained idle for several years.

Since the new administration assumed office, eight mines have already been successfully auctioned. Now, with plans underway for 22 more, the state aims to significantly ramp up its mining activity.

According to the Minister, the move is not just about increasing revenue—it’s a strategic effort to attract industrial investment. The auction of these mineral-rich blocks is expected to pave the way for new industries to set up operations in Odisha, creating more employment and stimulating economic activity, particularly in resource-abundant regions.

The Department of Mines is reportedly working on a mission mode to ensure that the auction process remains timely, efficient, and transparent. While details about the exact auction dates are yet to be announced, officials assure that the initiative is a top priority.

Jena reiterated that auctioning more mines directly correlates with higher revenue and increased job creation. He stressed that the current government has already made a difference in a short span and will continue to move quickly to make up for lost time.

With this upcoming round of auctions, Odisha is poised to strengthen its role as a key contributor to India’s mining sector, aiming to strike a balance between economic growth and responsible resource management.

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