Odisha Govt puts 57 MT cap on iron ore production during current fiscal

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    Bhubaneswar: The Odisha government on Tuesday took a policy decision to put a 57 MT cap on iron on production during the current fiscal. While the cap would be 13 million tonne in the Koira sector, it would be 44 million tonne in the Joda sector, informed sources.

    The state government in a meeting held at the state secretariat on Tuesday chaired by chief secretary G C Pati also decided to allow 1,100 truckloads per day to Paradip Port in order to avoid traffic congestion during the dispatch of the iron ore. However it was also decided to allow non-captive mines to dispatch their balance stock to sail through the port this year, revealed sources.

    It can be recalled that the government had imposed restrictions on dispatch of previous year’s stocks of iron ore till April 2014. The government has also extended the time limit of eight mines, which are presently working with express order, to submit various clearances by November 15. The earlier deadline was October 20, sources added.