As per section 59 (1) of MCR, state cannot grant an area to particular entity for mining lease unless notified or advertised.
Links:
[1] http://admin.indiaenvironmentportal.org.in/news/centre-asks-odisha-justify-iron-ore-lease-bhushan-plant
[2] http://admin.indiaenvironmentportal.org.in/category/newspaper/business-standard-new-delhi
[3] http://admin.indiaenvironmentportal.org.in/category/thesaurus/orissa
[4] http://admin.indiaenvironmentportal.org.in/thesaurus/bhushan-power-and-steel-ltd
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/keonjhar-d
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/mining
[7] http://admin.indiaenvironmentportal.org.in/category/thesaurus/government-india-goi