Obulapuram Mining Company

Obulapuram Mining Company
IndustryMine
Materials
Founded29 October 2001; 23 years ago (2001-10-29) at Karnataka, India
Headquarters123 Veeranagouda Colony Opp Kumara Swamy Temple Bellary, India, 583104
Key people
G. Karunakara Reddy, G. Janardhana Reddy and G. Somashekara Reddy
ProductsMine
Iron ores
Manganiferous ore

Obulapuram Mining Company also known as OMC or OMCPL is an iron ore mining company located in Karnataka and Andhra Pradesh in India. The company is owned by the brothers, G. Karunakara Reddy, G. Janardhana Reddy and G. Somashekara Reddy, who were ministers in the Government of Karnataka.[1][2] The company has been fighting charges of illegal mining in forest lands on the Karnataka-Andhra Pradesh border.[3][4] OMCPL holds iron ore mining leases in 134 hectares in Anantapur District of Andhra Pradesh and iron ore reserves in these leases are estimated to be around 100 million tonnes.[1] OMCPL is also the promoter of a Bramhani Industries Limited, an iron and steel producer.[1] JSW steel is said to be in talks for partial ownership of OMC.[5]

  1. ^ a b c "Brahmani - About Us". Bramhani Industries Limited.
  2. ^ "Obulapuram Mining Co Pvt Ltd".
  3. ^ "Reddys have the last laugh, national mines regulator has both hands tied". Indian Express. Archived from the original on 21 January 2012. Retrieved 24 June 2010.
  4. ^ "Illegal mining: Lokayukta slams Government". The Hindu. Chennai, India. 14 July 2009. Archived from the original on 17 July 2009. Retrieved 7 September 2009.
  5. ^ "JSW, Reddys deal hinges on iron ore". The Economic Times. 22 June 2010. Retrieved 24 June 2010.