Rajasthan
Veenu Gupta: Auction For Royalty Contracts Worth ₹878cr From July 12 | Jaipur News
Jaipur: ACS mines (petroleum and industries) Veenu Gupta on Wednesday said the state government has started the auction process of 42 royalty contracts in 19 districts on the e-platform for recovery of revenue payable on minerals coming out of mining leases.
She said the online auction of 39 royalty blocks will be held on the e-portal of the centre from July 12-14 and three contracts will be auctioned on August 4.
She said that the royalty collection contract (RCC), access royalty collection contract (ERCC), district level Mineral Foundation Trust (DMFT), state level mineral to be recovered from the mining leases issued by Mineral Exploration Trust (RSMET) etc. She said the e-auction notice for these contracts with a reserve amount of more than Rs 878 crore has been issued on July 4. TNN
She said the online auction of 39 royalty blocks will be held on the e-portal of the centre from July 12-14 and three contracts will be auctioned on August 4.
She said that the royalty collection contract (RCC), access royalty collection contract (ERCC), district level Mineral Foundation Trust (DMFT), state level mineral to be recovered from the mining leases issued by Mineral Exploration Trust (RSMET) etc. She said the e-auction notice for these contracts with a reserve amount of more than Rs 878 crore has been issued on July 4. TNN
