Odisha to hold fresh bids for 20 mineral blocks after complaints of anti-competitive practices

The government of eastern Indian state of Odisha has cancelled the bidding process for 20 iron-ore and manganese mining leases, which had been put up for auction in October last year, following controversies over alleged “unfair and unethical” practices of some bidders.

The state government will now call for fresh tenders on December 6, under revised auction rules plugging the loopholes that were taken advantage of by some bidders.