Long Term Linkage (LTL) Policy of Minerals for Odisha Based Industries through Odisha Mining Corporation (OMC) Limited - 2023
The Long Term Linkage (LTL) Policy of Minerals 2023 ensures raw material security for Odisha-based mineral industries by allocating up to 80% of OMC's saleable stock of Iron Ore, Chromite, Bauxite, and Limestone. The policy targets existing and upcoming end-user plants with an initial linkage period of 5 years, renewable based on performance. Pricing is determined dynamically based on the weighted average price of National e-auctions.
Key Summary
- Ministry / Authority
- Steel & Mines Department, Government of Odisha
- Incentive Type
- Raw material security linkage (assured mineral supply allocation)
- Incentive Rate
- Up to 80% of saleable stock of Iron ore, Chromite, Bauxite, and Limestone allocated for long-term linkage; pricing based on weighted average of National e-auction; 5-year initial duration with 5-year renewals.
- Min. Investment
- —
- Application Deadline
- Open
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