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Business News/ Companies / SAIL to get iron ore from Chiria Mines
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SAIL to get iron ore from Chiria Mines

SAIL to get iron ore from Chiria Mines

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PTI

Ranchi: Jharkhand government and the Steel Ministry today in-principle agreed to sort out a logjam in the allotment of iron ore from the Chiria Mines to the Steel Authority of Indian Ltd by October.

“Priority in allotting iron ore from the Chiria Mines will be given to the SAIL... and a decision to this effect will be taken by next month," Steel Minister Ram Vilas Paswan and told a joint press conference here.

“That does not mean that we will ignore the private sector. After allotting to SAIL, we will decide on private sectors," state Chief Minister Shibu Soren said.

He also urged the Steel Minister to create more jobs for the people of Jharkhand.

Assuring two lakh employment opportunities in the SAIL’s multi-crore projects in Jharkhand, Paswan said, “I am happy that Shibu Soren has agreed to the SAIL’s claim on the Chiria Mines after two former Chief Ministers, Arjun Munda and Madhu Koda did not consider the claims, with Koda even ignoring Prime Minister Manmohan Singh’s advice to consider SAIL’s claim.

SAIL claims to have 10 mines, including Chiria, in Jharkhand. But the earlier state governments had been insisting that the the company could outcount Chiria Mines as its lease was given to IISCO before its merger with the SAIL, leading both sides to approach the court to resolve the dispute.

“We have to see what can be done," Paswan said when asked whether both the sides would withdraw cases as they agreed in-principle on the iron ore allotment from the Chiria Mines situated in Singhbhum in Jharkhand.

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Published: 24 Sep 2008, 03:24 PM IST
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