Electronic sale of minerals from odisha likely to begin from Jan 2013

The Odisha government will enter into a memorandum of understanding (MoU) with Kolkata-based MSTC Ltd for selling of key bulk minerals like iron ore, manganese and chrome ore on the e-auction platform. The MoU would outline the roles, responsibilities, scope of work and remuneration for MSTC. A suitable government order will be issued, making e-auction compulsory.