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Centre notified mineral auction rules to cap upfront payments

In a recent development, the central government has introduced new revisions to the Mineral auction rules. These changes aim to ensure transparency and fair competition in the bidding process. According to the revised rules, the upfront payment for mineral auctions will now be capped at Rs 500 crore.

Amendment rulesState governmentUpfront paymentMineral auction rulesLevel playing fieldExploration licensesMining leaseMineral auction amendment rules

Mineral (Auction) Rules 2015 - State Entitled To Annul Tender Notification When Number Of Technically Qualified Bidders Is Less Than 3 : Supreme Court

The Supreme Court recently validated the authority of the state to annul a tender process, with a specific focus on adherence to Rule 9 under the Mineral (Auction) Rules, 2015.Referring to Rule 9(10).

State of karnatakaUnited statesState of jharkhandState of orissaSanjiv khannaJagdish mandalMichigan rubber india ltdSociedade de fomento industrial privateTechnical evaluation committeeJharkhand high courtSociedade de fomento industrial private limited respondentDivision benchSupreme courtJustices sanjiv khannaSociedade de fomento industrial private limitedWrit petition

Domestic market for iron ore fast-expanding, but exports attractive too , says NMDC Director-finance Amitava Mukherjee - Industry News

Domestic market for iron ore fast-expanding, but exports attractive too , says NMDC Director-finance Amitava Mukherjee - Industry News
financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.

Mt bevanAmitava mukherjeeSurya sarathi rayChairman cum managing directorMineral auction rulesGold miningWestern australiaLegacy iron ore

UP on way to become self-sufficient, begins 4th phase of auction of mineral blocks

UP on way to become self-sufficient, begins 4th phase of auction of mineral blocks
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Uttar pradeshMadhya pradeshYogi adityanathMining department of the state governmentUttar pradesh chief minister yogi adityanathMining departmentState governmentChief ministerMineral auction rules

UP govt to auction 11 mineral blocks

| In a bid to harness the wealth of mineral resources, the government commenced the fourth phase of mineral block auctions. The Geology and Mining department of the state government will auction a total of 11 different mineral blocks in the fourth phase as part of the strategic mission of the

Madhya pradeshUttar pradeshMining departmentMineral auction rulesUp govt to auction 11 mineral blocks