The Orissa Minerals Development Co. Ltd. (OMDC) has announced the extension of forest clearance for its Bhadrasahi iron and manganese mining lease.
This extension aligns with the extended mining lease period, now valid until September 30, 2030.
On April 28, 2026, the Forest, Environment & Climate Change Department of the Government of Odisha approved the extension of forest clearance for OMDC's Bhadrasahi mining lease.
This approval extends the validity of the clearance under the Van (Sanrakshan Evam Samvardhan) Adhiniyam, 1980, to September 30, 2030, matching the extended mining lease period.
The official communication from the Odisha government was referenced in a letter dated April 29, 2026, sent by OMDC to the National Stock Exchange of India Limited, Bombay Stock Exchange Ltd, and the Calcutta Stock Exchange Limited.
The extension of forest clearance is crucial for OMDC as it ensures the continued operation of the Bhadrasahi iron and manganese mining lease.
This development is expected to facilitate uninterrupted mining activities, adhering to environmental regulations set by the Odisha government.
OMDC communicated the extension details to the compliance departments of the National Stock Exchange of India Limited, Bombay Stock Exchange Ltd, and the Calcutta Stock Exchange Limited.
The letter, signed by Company Secretary Pintu Kumar Biswal, was digitally verified and dated April 29, 2026.
As of April 29, 2026, at 12:01 PM, Orissa Minerals Development share price on NSE was trading at ₹4,323.20 up by 2.83% from the previous closing price.
The extension of forest clearance for OMDC's Bhadrasahi mining lease until 2030 marks a significant regulatory milestone. This ensures the alignment of environmental approvals with the mining lease period, supporting the company's operational continuity.
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Published on: Apr 29, 2026, 1:09 PM IST
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