Unconfirmed reports indicate that the union government is considering to provide an iron ore exploration licence to South Korean firm POSCO for its planned $12 billion steel plant in Jagatsinghpur, Odisha. Granting of this license may expedite the long-delayed steel project, which is said to be the largest forei
Tag: lease
Post
Post
Odisha govt’s resolution does not pass legal scrutiny
Media reports indicate that the Odisha government may withdraw its earlier decision to mandate mine lessees in the state without end-use plants to sell at least 50 per cent of their output to local industries. On December 5, 2012, the steel & mines department notified the resolution to this effect. However, the law department of the state government has not cleared the resolution as it feels the move may not p
Post
Govt to table 1st report of panel in Parliament
The government would table the first report of the Justice MB Shah Commission on the alleged illegal mining activity in Odisha in Parliament soon. Recently, the panel submitted the 1,500 page-long first report to the Union mines ministry. Although the report is not in public domain, it is felt that
the report may contain preliminary observations, suggestion and overall findings besides conclusions on illega
Post
KIOCL wants govt to clear mining lease applications
Malay Chatterjee, Chairman and Managing Director of KIOCL informed media persons that the Karnataka government was yet to provide clearance for the firm's over 20 applications for mining lease. For more than seven years, the Karnataka-based central public sector mining firm has been out of job with out any captive mines
Post
51 mining leases cancelled by Karnataka govt
According to the order of the Supreme Court, the Karnataka government has cancelled 51 iron ore mining leases in Category C. Holders of these mines were charged of carrying out rampant mining illegally outside the lease area and hence the Supreme Court ordered for cancellation of the mining leases some months
Post
Govt may not clear all renewal cases by June 15
Odisha government said it would not be possible to clear all the applications for renewing mining leases by June 15 in view of the guidelines issued by the Ministry of Environment and Forest (MoEF) on February 1, 2013. Therefore, the state government, at an inter-departmental meeting, decided to request the High Court to give more time for clearing these applications. The state gove
Post
KCZMA divided on the Bolgatty project
Members of the Kerala Coastal Zone Management Authority (KCZMA) are divided on the issue of whether to allow Emke Group, led by MA Yusuff Ali, to set up the Bolgatty convention centre. The opposing members argue that the clearance should not have been given for a non-port activity in a reclaimed area within a sensitive ecosystem
Post
Lulu group decides to exit land deal with port
For some undisclosed reason, the LuLu group decided to exit the land deal it entered into with the Cochin Port Trust some years ago. According to the deal, the group took 26 acre land on Bolghatty island from the port trust on a 30-year lease.
The port trust leased the land to the group to build a convention centre and associated facilities. However, the group reportedly planned to build 572 serviced apart
Post
AP govt gets request to transfer lease to Bramhani Steel
Some political parties urge the Andhra Pradesh government to transfer the mining leases alloted to Obulapuram Mining Company (OMC), which is facing charges of illegal mining, in favour of Bramhani Steel. Former Karnataka Minister Gali Janardhana Reddy and his brothers are the promoters of Bramhani Steel. They also own the
Post
Govt forms panel to decide on extension of lease
Press reports indicate that the union government formed an inter-departmental committee to extend petroleum leases in producing oil and gas blocks. Recently, the committee, chaired by oil ministry's additional secretary & financial adviser (AS&FA) SC Khuntia, held its first meeting. However, the committee did not discuss any particular case because of absence of a key member, repo