Successful Pre-Bid Conference Held for Iron Ore Block Auctions in Chhattisgarh
Raipur (thestates.news) | Chhattisgarh, endowed with immense mineral wealth, is emerging as a major hub for industrial and economic growth. The state government is actively promoting investment in its rich mineral sector, with a focus on sustainable development and industrial expansion. In a significant move towards boosting mineral exploration and resource utilization, a Pre-Bid Conference in Nava Raipur was organised for the upcoming auction of iron ore blocks in the Bailadila region of Bastar.
The event, held at the Convention Hall of the New Circuit House, saw an overwhelming response from leading mining investors and industrial stakeholders from across the country. The discussions revolved around auction modalities, investment opportunities, and the state’s vast mineral potential. The conference specifically focused on the auction of three world-class iron ore blocks in Dantewada district and one in North Bastar Kanker.
Chhattisgarh: A Land of Infinite Opportunities in Mining and Industry
Speaking at the event, Secretary of the Mineral Department, Shri P. Dayanand, emphasized that Chhattisgarh holds immense potential in mineral resources, making it a key player in India’s industrial expansion, trade, and employment generation. He highlighted that Chhattisgarh’s abundant high-quality iron ore reserves would be instrumental in achieving the vision of an Aatmanirbhar Bharat (Self-Reliant India).
Encouraging investors to participate in the state’s mineral sector, he assured them of full government support in facilitating seamless investment opportunities. He underscored the Bailadila region’s significance as the backbone of India’s steel industry, asserting that its development would catalyze economic growth and employment generation in the state.
Strategic Positioning in India’s Mineral Map
Deputy Director General of the Geological Survey of India (GSI), Shri Amit Dharwadkar, reinforced the state’s importance, stating that Chhattisgarh is the second most mineral-rich state in India. He pointed out that the extensive iron ore belt spanning Bailadila to Dalli-Rajhara is among the world’s most significant reserves, playing a crucial role in meeting the growing demands of India’s steel industry.
Ensuring Sustainable Raw Material Supply for Steel Production
As India moves towards becoming a global leader in steel production, the availability of raw materials will be a critical determinant of industrial success. Director of the Directorate of Geology and Mining, Shri Sunil Kumar Jain, highlighted the need to ensure an uninterrupted supply of high-grade iron ore to meet the ambitious steel production targets set for 2030.
Adding to this, Joint Director and Nodal Officer (Auction), Shri Anurag Diwan, asserted that Chhattisgarh is one of the most investment-friendly states in India, with policies designed to support industrial growth and economic expansion. He further emphasized the state’s crucial role in realizing the vision of a Developed India by 2047.
Auction Process and Key Timelines for Investors
With the auction process now underway, interested bidders can take note of the following critical deadlines: Online tender documents can be purchased until February 27, 2025, by 3 PM. The final date for tender submission is February 28, 2025, by 3 PM.
Prospective bidders and industry stakeholders can obtain further details from the Directorate of Geology and Mining, Indravati Bhavan, Block-4, Second Floor, Nava Raipur.
Strong Industry Interest and Promising Investment Outlook
The Pre-Bid Conference witnessed enthusiastic participation from top mining companies, industrial groups, and investors from across India, reflecting strong interest and confidence in Chhattisgarh’s mineral potential. With high-grade iron ore reserves, a pro-investment policy framework, and a conducive business environment, the state is poised to attract significant domestic and global investment in its mining sector. This initiative marks a major step in strengthening Chhattisgarh’s position as a leading state in mining and steel production, setting the stage for accelerated industrial growth, economic expansion, and job creation in the years to come.
