Unlikely to be able to achieve its iron ore production target of 15 mn metric tonne for FY13

Sesa Goa, a Vedanta Group firm, is unlikely to achieve its iron ore production target of 15 million metric tonne for FY13 owing to the mining ban in Goa and the expiry of its lease in Karnataka. The company’s operations are currently in limbo due to the recent action by the Goa government and expiry of its lease in Karnataka.