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BJD got more than half of its electoral bond donations from three mining and steel companies

in poltics, State News March 22, 2024 Comments Off on BJD got more than half of its electoral bond donations from three mining and steel companies 630 Views

Bhubaneswar:22/3/24: The Biju Janata Dal (BJD), the ruling party of Odisha, got more than half of its electoral bond donations from three mining and steel companies, according to the latest data released by the Election Commission.

Of the Rs 775 crore redeemed from 42 donors from April 12, 2019, to January 2024, Rs 175 crore is from Essel Mining, followed by Rs 100 crore from Jindal Steel and Power Limited and Rs 70 crore from Utkal Alumina International Limited.

The other top donors include Rungta Sons (Rs 50 crore), S N Mohanty Group (Rs 45 crore), Rashmi Cement (Rs 45 crore), Vedanta Ltd (Rs 40 crore), Penguin Trading and Agencies Ltd (Rs 30.5 crore), and Jindal Stainless (Rs 30 crore),

Rashmi Metaliks, who is 10th on the list of donors, gave Rs 27 crore.Rashmi Cement & Rashmi Metaliks are part of part of the Rashmi Group, which has iron and steel companies as well.

The Iron Ore Beneficiation & Pelletization Plant (IoBP) of EMIL is located at Basantpur in Odisha’s Keonjhar. It previously operated in the iron ore mineral rich Jamda–Koira valley belt in Sundargarh district. A leading alumina refinery, Utkal operates in the Rayagada district of Odisha. It comprises a 2.12MTPA alumina refinery, captive Baphlimali bauxite mines of 8MTPA with valid lease title up to February 2048, and a captive co-generation power plant of 90MW along with a 5MW solar power plant, according to the company website.

The JSPL operates a 6 MTPA integrated steel plant in Odisha’s Angul district. It commissioned a 6 MTPA hot strip mill at its steel manufacturing facility in January last year. It is ramping up the capacity of the Odisha plant to 11.6 million tonnes per annum (MTPA) from the existing 5.6 MTPA. The company also has a plan to further double it up to 24 MTPA, making it the world’s largest single-location steel plant. In electoral bond donations, the BJD ranked fifth after the BJP, Congress, TMC, and BRS.

 

About Editor in chief

Ashok Palit has completed his graduation from Upendranath College Soro, Balasore and post graduation from Utkal University in Odia Language and literture.. He has also carved out a niche for himself as a scribe of eminence after joining the profession in 1988. He is also an independent media production professional. He brings loads of experience to Advanced Media, Ashok Palit as a cineaste has been active in film criticism for over three decades. As a film society activist, he soared to eminence for his profound commitment to the art film appreciation and aesthetics of cinema. His mode of discourse is often erudite but always lucid and comprehensible marked by a perfect acumen so rare in the field. A film aesthete with an immense fond of critical sensibilities, he wrote about growth and development of odia cinema in New Indian Express, The Times of India, The Hindustan Times, The Asian Age and Screen. He has been working as an Editor for Cine Samaya from 2002-2004.. He had made solid contribution on cinema in many odia Dailies and weekly such as Samaj, Prajatantra, Dharatri, Samaya, Satabadi, and weekly Samaya.
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