{"id":11321,"date":"2024-06-14T14:59:48","date_gmt":"2024-06-14T14:59:48","guid":{"rendered":"https:\/\/exam.pscnotes.com\/current-affairs\/?p=11321"},"modified":"2024-06-14T14:59:48","modified_gmt":"2024-06-14T14:59:48","slug":"jsw-is-1st-steel-company-to-bag-goa-mineral-block","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/current-affairs\/jsw-is-1st-steel-company-to-bag-goa-mineral-block\/","title":{"rendered":"JSW is 1st steel company to bag Goa mineral block"},"content":{"rendered":"

Jindal Steel Works(JSW), one of the biggest steel companies in India, has bagged the Cudnem-Cormolem mineral block with the highest premium of 96.6% of the Average<\/a> sale price set by theIndian Bureau of Mines(IBM). JSW has become the first steel company to bag a mineral block in Goa.
Earlier, the lease was run by Fomento. Sources said that during the auction,Fomentoand JSW aggressively bid for the block. The sources said Fomento wants to retain its leases which are spread across 35 hectares of land.<\/p>\n

The auction for five mineral blocks that started on Friday saw Fomento bag theAdvalpale-Tivim blockwith the highest premium of 58.8% of the average sale price set by IBM.<\/p>\n

The has identified seven mineral blocks in South Goa to auction in the third round, likely to be held next month. South Goas mining leases will be put up for auctions to boost the economy<\/a> in the mining belts of Curchorem, Sanvordem, Sanguem, and Quepem.<\/p>\n","protected":false},"excerpt":{"rendered":"

Jindal Steel Works(JSW), one of the biggest steel companies in India, has bagged the Cudnem-Cormolem mineral block with the highest premium of 96.6% of the Average sale price set by theIndian Bureau of Mines(IBM). JSW has become the first steel company to bag a mineral block in Goa. Earlier, the lease was run by Fomento. … Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1095],"tags":[916],"class_list":["post-11321","post","type-post","status-publish","format-standard","hentry","category-goa","tag-20-05-23"],"yoast_head":"\nJSW is 1st steel company to bag Goa mineral block - Current Affairs Exam<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/current-affairs\/jsw-is-1st-steel-company-to-bag-goa-mineral-block\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"JSW is 1st steel company to bag Goa mineral block\" \/>\n<meta property=\"og:description\" content=\"Jindal Steel Works(JSW), one of the biggest steel companies in India, has bagged the Cudnem-Cormolem mineral block with the highest premium of 96.6% of the Average sale price set by theIndian Bureau of Mines(IBM). JSW has become the first steel company to bag a mineral block in Goa. Earlier, the lease was run by Fomento. ... 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JSW has become the first steel company to bag a mineral block in Goa. Earlier, the lease was run by Fomento. ... 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