Following is an excerpt from a report in Pioneer.

Orissa Minerals Development Company (OMDC), operating under the direct administrative control of the Union Ministry of Steel, has announced that it was ready to supply iron ore to the companies which have signed MoUs with the Orissa Government for setting up of steel plants.

Chairman-cum-Managing Director of OMDC MS Barpanda said he had already conveyed his decision to the State’s Secretary Of Steel and Mines UP Singh.

… OMDC has six iron ore and manganese mines in Barabil area of Keonjhar. Barpanda had steadied the company which was reeling under allegations of embezzlement of funds under investigation of CBI.

He has now established contacts with the Orissa Government for renewal of mining leases and setting up of a palletisation plant in Orissa.

Barpanda, … added that OMDC under his dispensation had been finalising all contracts in a most transparent manner through open tender by advertisements in newspapers and e-auction process.

He further added that notwithstanding cancellation of the leases of two major mines by the Orissa Government production in OMDC had increased in volume, which only proves that all the remedial measures initiated by him had yielded results.