RAJ SETS NEW RECORDS IN MINERAL BLOCKS AUCTION

Premium bids of ` 148.30 cr received for plots with reserve price of ` 2.04 crore

Nirmal Tiwari

Jaipur: New records are being established daily in the auction of minor mineral blocks of Rajasthan at premium rates. Additional Chief Secretary Mines, Petroleum and Water, Dr Subodh Agarwal said that compared to the reserve price of Rs 19 lakh for 8 plots of Masonry Sandstone in Alwar, the highest bid of Rs 46.61 crore, setting a

The result of CM Ashok Gehlot’s emphasis on exploration and instructions to promote legal mining is that the auction of mineral blocks has increased in the State. Mines

Minister Pramod Jain Bhaya has been continuously monitoring and giving necessary instructions.

—Dr Subodh Agarwal

March 14 to March 17, new record in the e-auction has been received.

He informed that in the successful auction of total 62 plots held on the e-portal of the Government of India from premium bids of Rs 148 crore 30 lakh have been received for plots with a reserve price of Rs 2.04 crore. In these, 5 plots of quartz and feldspar at

 Rs 59.32 cr from auction of 62 plots will be given in the first installment.

 Tight auction and monitoring system.

 Opportunity to miners across the country.

 All plots auctioned at premium rates.

Kotputli Paota and two plots of masonry stone at Chomu Hathnoda have also been auctioned at a premium several times higher than the reserve rates.