Odisha Mining Corporation
 | This article needs additional citations for verification. (March 2026) |
Company type | Public Sector Undertaking Government of Odisha |
|---|---|
| Industry | Mining |
| Founded | 1956 |
| Headquarters | Bhubaneswar, Odisha , India |
Area served | Odisha |
Key people | L. Vineel Krishna IAS MD |
Odisha Mining Corporation Limited or OMC is a Gold Category Public Sector Undertaking (PSU)[1] established on 16 May 1956. The joint venture company between Government of Odisha and Government of India to explore and harness mineral wealth of Odisha is now a wholly state owned corporation.
Odisha Mining Corporation is managed by a board of directors consisting of Government Directors and Independent Directors. The day-to-day management of the corporation is looked after by the chairman and the managing director as authorized by the board of directors.
History
[edit]Odisha Mining Corporation Limited (OMC) was formed on 16 May 1956 as a joint venture company of Government of Odisha and Government of India to explore and harness mineral wealth of the State of Odisha.
On 17 November 1961, OMC became a wholly State-owned Corporation of Government of Odisha. It received ISO 9001:2000 Certification in 2003.Enterprise Resource Planning (ERP) Package as a Management Tool implemented for which Odisha Mining Corporation received Golden Peacock Award in 2006–07. It received ISO 14001:2004 Certification in 2007.
In 2012 the Odisha Mining Corporation Limited was classified as a "Gold Category" State Public Sector Undertaking (PSU).
In July 2025, it targeted a production of 50 million tons.[2] Earlier in July 2024, it recorded Rs.4.7 cr profit.[3] As of December 2025, its production reached 24.8 million tonnes.
References
[edit]- ^ Rout, Hemant Kumar (4 January 2026). "Odisha Mining Corporation posts robust mineral production; iron ore output touches 24.88 MT as on Dec 31". The New Indian Express. Retrieved 29 March 2026.
- ^ "Odisha Mining Corp Targets 50 Million Ton Production". Rediff. 9 July 2025. Retrieved 29 March 2026.
- ^ "OMC records ₹4.7k cr profit in 2022-23: Min in assembly". The Times of India. 24 July 2024. ISSN 0971-8257. Retrieved 29 March 2026.