Committee on Mines recommends opening of 26 closed mines

Image
Press Trust of India Bhubaneswar
Last Updated : Apr 04 2015 | 5:22 PM IST
The inter-departmental committee on mines today recommended the Odisha government to allow opening of 26 mines that remained closed for over one year due to some reason or the other.
The committee headed by Development Commissioner U N Behera suggested the state government to reopen the 26 mines under the provisions of the new Mines and Minerals (Development & Regulation) Amendment Act, 2015.
However, the final decision in this regard will be taken by the state government.
"In accordance with the provisions of the amendments made in the MMDR Act, the committee recommended extension of lease period of 26 mines that had come up for our consideration," Director of Mines Deepak Kumar Mohanty told reporters after the meeting.
Stating that the final decision would be taken by the state government itself, Mohanty said the committee recommended extension of lease period till 2030 for captive mines and till 2020 for non-captive mines.
The 26 mines having today got recommendation of the committee included the 18 mines earlier closed for second and subsequent renewal following the Supreme Court orders on May 16, 2014.
However, eight iron ore and manganese ore mines were allowed to operate under express order, Mohanty said.
Of the eight mines allowed to operate under express order, Mohanty said lease deeds have been executed for three mines belonging to SAIL and one belonging to OMC. They have already got lease extension. The rest include mines owned by Tatas, VK Lal and ACC Bargarh, Mohanty said.
*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: Apr 04 2015 | 5:22 PM IST

Next Story