Tamara Apartment Pvt Ltd gets Teherai composite mines in Odisha

New Delhi: Tamara Apartment Pvt Ltd on Saturday bagged Teherai iron and manganese mines in Odisha, said an official.

The company won the mines by committing to pay 96.06 per cent of the average sale price to the Odisha government.

The Teherai mine has a reserve of 8.90 MT of iron ore and 0.055 MT manganese.

Five companies including Lal Trades, Anand Export, Yazdani, Tarama Apartment Pvt Ltd, and Essel Mining were in the race for the composite mines.

On Friday, Kashvi International Pvt Ltd bagged the Jaribahal iron ore block in the ongoing mining auction in Odisha.

The Keonjhar-based company won the mines by committing to pay 150 per cent of the average sale price to the Odisha government.