Odisha Mining Corporation pays Rs1,420 crore dividend to state govt

Bhubaneswar: Iron ore producer Odisha Mining Corporation paid a dividend of Rs 1,420 crore to the state government for the 2022-23 fiscal, an official said Thursday.

Steel and Mines Minister Prafulla Kumar Mallik handed over a cheque of Rs 1,420 crore to Chief Minister Naveen Patnaik here Wednesday, he said.

Also Read

Inventory of valuables in Puri Jagannath temple’s treasury may begin in early 2026

41 minutes ago

OSSSC releases notification for RI, ARI, Amin, JA, ICDS Supervisor posts; details inside

60 minutes ago

Odisha Mining Corporation, one of the largest iron ore producers in the country, recorded a turnover of Rs 14,450 crore in the 2022-23 financial year.

It has 18 operational mines and produced 29.68 mt of iron ore, 3 mt of bauxite and 1.08 mt of chrome ore, registering a 14.9 per cent growth in ore production over the previous financial year, the official added.

PTI