Archive for December 9, 2009

IDCOL asks IIT Kharagpur for prospecting of Tangarapada mines

December 9, 2009 Leave a comment

The Orissa Industrial Development Corporation (IDCOL) has asked the Indian Institute of Technology (IIT), Kharagpur, to take up geo-physical survey of the Tangarapada chrome ore mines.

IIT is to submit the prospecting report by March 2010 after which IDCOL will finalise the MoU with the Orissa Mining Corporation (OMC) to form a JV. OMC has already submitted the draft MoU to IDCOL.

After the IIT report is obtained, it is to be super imposed on the survey report of the Directorate of Geology to find out the areas where there is concentration of chrome ore to take up drilling. Based on the resource estimation, IDCOL will initiate steps for obtaining the Union MoEF clearance for the proposed venture.

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