Mines ministry meet soon to speed up clearances for auctioned blocks

On facilitating the concerned states to expedite various clearances & approvals required for getting mines to commence operations

mine
Jayajit Dash Bhubaneswar
Last Updated : Aug 27 2016 | 5:07 PM IST
The central mines ministry has convened the second meeting on Post Auction Mining Clearance and Approvals Facilitator (PAMCAF) on September 8.

The meeting would take stock of the current status of the seven mineral blocks, which have been successfully auctioned. The meeting would also focus on facilitating the concerned states to expedite various clearances and approvals required for getting mines to commence operations.

Among the blocks auctioned is the Gudipadu limestone block in Andhra Pradesh bagged by Shree Penna Cement Industries Ltd. The Chhattisgarh government has auctioned three blocks — two limestone and one gold deposit. Vedanta Ltd has won the gold block.

The two limestone blocks have gone to Century Cement and Shree Cement. Jharkhand, too, has successfully auctioned two limestone blocks — Harihaspura Block-I and Harihaspura Block-II, where Burnpur Cement has emerged as the preferred bidder.

In Odisha, only one iron ore block — Ghoraburhani-Sagasahi has been auctioned with deposits of 99.54 million tonne. The Odisha government has issued the letter of intent to Essar Steel after it emerged as the preferred bidder in the first iron ore block offered for e-auctions in Odisha. The block is at G2 exploration stage and located in Koira sector in Sundargarh district. 

The mineral concession area is spread over 139.16 hectares (ha) including 20.88 ha forest land, 110.69 ha government land and the balance 7.58 ha private land. Survey of the mineral block has been done by the Geological Survey of India (GSI).

Currently, Essar Steel runs a 12 million tonne per annum (mtpa) iron ore beneficiation plant at Dabuna in Keonjhar district and six mtpa pelletisation complex at Paradeep. The iron ore mine in Odisha is expected to meet 50 per cent of the firm’s pellet making facility at Paradeep.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Aug 27 2016 | 4:45 PM IST

Next Story