Maithan Inspat wins Pahadia Gold Block Auction, Jharkhand
Rungta Group, Ramgarh Minerals and Adani Group had also participated
झारखंड में सोना की दूसरी खदान का टेंडर नौ नवंबर को होगा। यह सोना की खदान तमाड़ के पारसी में है। पहली खदान पहाड़डीहा की नीलामी हो गई है। यह खदान मैथन इस्पात को मिला है। इस खदान की नीलामी में रूंगटा माइंस, रामगढ़ मिनरल्स और अडाणी ग्रुप ने भी हिस्सा लिया था।
http://www.livehindustan.com/news/ranchi/article1-tender-of-2nd-gold-mines-open-at-9-nov-584542.html
Orissa puts four more mines on auction
The state government on Wednesday issued notification for auction of three limestone and one manganese blocks. According to an official notification, last date for submission of bid is December 12.
The blocks which would go under hammer are Kotameta, Garramura, Uskalvagu (limestone) and Lasarda-Pacheri manganese block. The government has so far auctioned only one block though the mining auction process started in December last year.
"Due to technical issues, it took some time to put the blocks on auction. After completion of this round of auction, we are preparing more four blocks (three iron ore and a bauxite) to be put on auction," said director of mines Deepak Mohanty.
The auction would be conducted in two phases - technical evaluation and financial bidding. Those selected in the technical evaluation process can only take part in the financial bidding. While financial bids are invited only in digital format, technical bids have been invited both in digital and physical format from eligible bidders, said the notification.
The base price for the tender process would be determined after the technical evaluation process, sources said.
Earlier, the Centre has asked the state government to expedite the mining auction process. So far, the state government has auctioned only one iron ore block (Ghorhaburhani-Sagasahi) in Sundargarh district which has an estimated reserve of around 1,000 million tonne. Essar Steel bagged the block.
Coal, not solar, is energizing power capacity addition
In a century belonging to renewable energy, traditional, non-renewable sources are continuing to shape India's power landscape in a big way. In the past three years, India added 77,636 megawatts (MW) of installed capacity in power generation, an increase of 34%. As much as 68% of this new capacity was powered by coal, whose prices have halved globally since January 2011. As a result, coal's share in installed capacity has crossed 60%. Renewables, led by wind and solar, accounted for 21% of the increase. India added 16,051MW of new power capacity via renewables, where solar is the centre's focus. The National Solar Mission is targeting 100,000MW of solar capacity by 2022. At present, India has 7,805MW of solar capacity. Bridge to India, a clean-tech consultancy, is projecting 37,000MW by 2020. Unless the sector can address the challenges of securing financing and grid stability, and adding rooftop capacity, it will struggle to come close to that 100,000MW target.
GSI will identify 12 mineral blocks to put up for auction
Geological Survey of India (GSI) as mandated by the Union government will identify at least 12 mineral blocks that can be readily put up for auction, noted Mandapalli Raju, director-general.
The present focus of exploration activities on land is to identify minerals in blocks such as iron ore, manganese, copper, lime stone and coal and GSI will identify the mineral blocks during the current field season, which also coincides with the fiscal year, Raju noted.
Interacting with reporters during his visit to marine and coastal survey division of GSI here, Raju said the surveys for mineral blocks on request from respective state governments are in different stages of exploration. "The survey reports will indicate G2 status of the blocks, that is, where they can be directly put up for auction," Raju said, adding four of these blocks for iron ore are in Karnataka. "GSI will carry out exploration for 30 blocks during 2017-18," he added.
Noting that GSIs exploration work for yellow metal is also underway in mineral rich Jharkhand state, Raju said the organization is also eagerly awaiting the formulation of an off-shore mining policy for minerals such as sand, lime stone, lime mud, and phosphorites as well. The ministry of mines will bring out the stated policy, he said, adding that due care will be taken to ensure it does not stand afoul of current laws of the land including the Coastal Regulation Zone Act. The demand for an off-shore mining policy has come from the government of Kerala which has urged the Centre to formulate one law given that it is sitting on a potential deposit of construction sand in an area of 2,797 sq km off its coast. "We have identified this as potential area for construction sand," he said, adding that GSI similarly has identified 4,525 sq km, lying beyond 10-km from the coastline off AP, Tamil Nadu and Pondicherry, that is rich with construction and carbonate sand.
V Devdas, deputy director-general said once GSI indicates potential deposits of minerals both on land and in the sea, it is for the government to form policies for its exploitation. As far as sand in concerned, off shore mining of sand is an accepted norm abroad, he said, adding that its environmental impact can be minimized by selectively mining an area, allowing it to rejuvenate in the interim and simultaneously go in for on-shore and off-shore mining for the mineral.
GSI is in the process of acquiring a state-of-the-art geo-technical vessel that is capable of drilling upto the depth of 30 metres below the sea bed. "This will give us an accurate estimate of mineral and other reserves below sea," he said, adding that the tender process for the vessel is on. "We are expecting the vessel to join us either by December 2017 or early 2018," he said. It will add to the existing fleet of research vessels - Samudra Ratnakar, Samudra Kausthubh and Samudra Shaudhikama with GSI.
About the surveys that GSI has carried out thus far, Raju said the organization has surveyed more than 98% of 2,012 million sqkm of Exclusive Economic Zone, including about 1,05,000 sq km of territorial waters of India. GSI makes available data from its surveys to the government and general public, he said, adding even government and private organisations make use of the baseline data that it generates. "We do not commercially exploit such data," Raju said. http://timesofindia.indiatimes.com/city/bengaluru/GSI-will-identify-12-mineral-blocks-to-put-up-for-auction/articleshow/55101210.cms
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