Odisha News, Odisha Latest news, Odisha Daily - OrissaPOST
  • Home
  • Trending
  • State
  • Metro
  • National
  • International
  • Business
  • Feature
  • Entertainment
  • Sports
  • More..
    • Odisha Special
    • Editorial
    • Opinion
    • Careers
    • Sci-Tech
    • Timeout
    • Horoscope
    • Today’s Pic
  • Video
  • Epaper
  • News in Odia
  • Home
  • Trending
  • State
  • Metro
  • National
  • International
  • Business
  • Feature
  • Entertainment
  • Sports
  • More..
    • Odisha Special
    • Editorial
    • Opinion
    • Careers
    • Sci-Tech
    • Timeout
    • Horoscope
    • Today’s Pic
  • Video
  • Epaper
  • News in Odia
No Result
View All Result
OrissaPOST - Odisha Latest news, English Daily -
No Result
View All Result

Deposit Rs 933Cr to resume ops: SC to Sarda Mines

Post News Network
Updated: January 15th, 2020, 19:36 IST
in Metro
0
Share on FacebookShare on TwitterShare on WhatsAppShare on Linkedin

New Delhi: The Supreme Court Wednesday asked the Sarda Mines Private Ltd (SMPL) to deposit over Rs 933 crore as penalty for illegal mining within a month to resume mining operations in Keonjhar district.

A three-judge bench of the apex court comprising Chief Justice Sharad A Bobde, Justices BR Gavai and Surya Kant also ordered that the SMPL should file an undertaking to comply with all the rules, regulations and other mandatory provisions for carrying out mining operations and after that it can resume mining in the leased area.

Also Read

Odisha govt

Odisha govt to deploy ‘sevikas’ in ‘sishu vatikas’ to aid pre-primary education

8 hours ago
BJP flag

BJP to elect its Odisha unit president July 1

9 hours ago

The SC in its August 2017 judgement had held that those mining lease holders, who had extracted minerals either without environment clearance or in excess of approved area, would be liable to deposit the mineral so raised (or its value, if disposed of) with the state government.

“Owing to a dispute raised by some mining lease holders, including SMPL, as to whether in fact they had excavated minerals without requisite clearances, this Court referred their cases to the Central Environment Committee (CEC) for quantification of compensatory dues,” the court observed.

According to the CEC report, the M/s SMPL during the period 2001-02 to 2010-11 has produced 1,35,34,703 tonnes of excess quantity/illegal production of iron ore in violation of the environmental clearance granted by the Ministry of Environment and Forest and is liable to pay Rs 933,60,79,689.

The court also noted that the committee of Justices GS Singhvi and Anil R Dave has not found the violation of Section 6 of the Mines and Minerals (Development and Regulation) Act, 1957 or of Rule 37 of Mineral Concession Rules, 1960 by the SMPL.

Earlier, seeking permission to resume mining operations, the applicant contended in the court that it is suffering irreparable injury and highlighted how it has already lost more than five and half years and how hardly six months of its lease period is left.

The state of Odisha and CEC have expressed no objection against granting SMPL’s prayer for resumption, subject to it depositing the CEC­-assessed dues and strictly complying with all other mandatory rules, regulations and conditions for conducting mining operations.

Significantly, the M/s Sarda Mines Pvt Ltd holds a mining lease for Thakurani (Block B) iron ore mines at Keonjhar. Its mining operations have been closed since March 2014. The company has approached the apex court seeking directions to resume mining operations.

The apex court also permitted the M/s Mideast Integrated Steels Ltd to sell the iron ore already mined and stacked by it before January 2018, under supervision of an authority to be appointed by the state government subject to the sales proceeds being deposited with the Special Purpose Vehicle. The state government shall appoint the Supervisory Authority within two weeks and the sale process shall preferably be completed within two months thereafter.

It has been stated that a demand notice for payment of Rs 924,75,24,283 was served on the Mideast for illegal mining by December 2017. Upon its failure to deposit the claimed compensation, Mideast’s mining operations in Roida­I iron ore mines in the state were stopped with effect from January 2018. However, by then, the company had already excavated, processed and stacked 23,51,027.83 tonnes of minerals at the discharge point of Roida­I for onward transportation to various buyers as well as for captive consumption in its own steel plant.

Tags: Environment clearanceIllegal mininglease holdersSarda Mines Private LtdSupreme Court
ShareTweetSendShare
Suggest A Correction

Enter your email to get our daily news in your inbox.

 

OrissaPOST epaper Sunday POST OrissaPOST epaper

Click Here: Plastic Free Odisha

#MyPaperBagChallenge

Kamana Singh

December 12, 2019
#MyPaperBagChallenge

Keshab Chandra Rout

December 12, 2019
#MyPaperBagChallenge

Anup Mahapatra

December 12, 2019
#MyPaperBagChallenge

Anshuman Sahoo

December 12, 2019
#MyPaperBagChallenge

Pratik Kumar Ghibela

December 12, 2019
#MyPaperBagChallenge

Rajashree Manasa Mohanty

December 12, 2019
#MyPaperBagChallenge

Faiza Firdous

December 12, 2019
#MyPaperBagChallenge

Ipsita

December 12, 2019
#MyPaperBagChallenge

Diptiranjan Biswal

December 12, 2019
#MyPaperBagChallenge

Ramakanta Sahoo

December 12, 2019
#MyPaperBagChallenge

Matrumangal Jena

December 12, 2019
#MyPaperBagChallenge

Ankita Balabantray

December 12, 2019
#MyPaperBagChallenge

Vandana Singh

December 12, 2019
#MyPaperBagChallenge

Akriti Negi

December 12, 2019
#MyPaperBagChallenge

Tapaswini Mallick

December 12, 2019
#MyPaperBagChallenge

Akshaya Kumar Dash

December 12, 2019
#MyPaperBagChallenge

Adrita Bhattacharya

December 12, 2019
#MyPaperBagChallenge

Aman Kumar Barisal

December 12, 2019
#MyPaperBagChallenge

Ramakanta Sahoo

December 12, 2019
#MyPaperBagChallenge

Archana Parida

December 12, 2019
#MyPaperBagChallenge

Sitakanta Mohanty

December 12, 2019
#MyPaperBagChallenge

Priyasha Pradhan

December 12, 2019
#MyPaperBagChallenge

Swarit Praharaj

December 12, 2019
#MyPaperBagChallenge

Arya Ayushman

December 12, 2019
#MyPaperBagChallenge

D Rama Rao

December 12, 2019
#MyPaperBagChallenge

Aishwarya Ranjan Mohanty

December 12, 2019
#MyPaperBagChallenge

Sibarama Khotei

December 12, 2019
#MyPaperBagChallenge

Surya Sidhant Rath

December 12, 2019
#MyPaperBagChallenge

Jhili Jena

December 12, 2019
#MyPaperBagChallenge

Priyabrata Mohanty

December 12, 2019

Archives

Editorial

Genesis of Jana Sangh

AAKAR PATEL
June 29, 2025

We marked the 50th anniversary of the Emergency a few days ago. Another anniversary, this time the 75th, went relatively...

Read more

Double-engine PMO

June 28, 2025

Since February, the Prime Minister’s Office (PMO) has been operating for the first time with two full principal secretaries, P.K....

Read more

Let Them Be

NEET
June 25, 2025

A17-year-old girl was beaten to death by her father for not getting good score in a mock test for the...

Read more

Talking Shop

G7 summit in Alberta
June 24, 2025

Normally, negatives do not make headlines. But, at times, they do. The recently concluded G7 summit in Alberta, Canada, turned...

Read more
  • Home
  • State
  • Metro
  • National
  • International
  • Business
  • Editorial
  • Opinion
  • Sports
  • About Us
  • Advertise
  • Contact Us
  • Jobs
Developed By Ratna Technology

© 2024 All rights Reserved by OrissaPOST

  • News in Odia
  • Orissa POST Epaper
  • Video
  • Home
  • Trending
  • Metro
  • State
  • Odisha Special
  • National
  • International
  • Sports
  • Business
  • Editorial
  • Entertainment
  • Horoscope
  • Careers
  • Feature
  • Today’s Pic
  • Opinion
  • Sci-Tech
  • About Us
  • Contact Us
  • Jobs

© 2024 All rights Reserved by OrissaPOST

    • News in Odia
    • Orissa POST Epaper
    • Video
    • Home
    • Trending
    • Metro
    • State
    • Odisha Special
    • National
    • International
    • Sports
    • Business
    • Editorial
    • Entertainment
    • Horoscope
    • Careers
    • Feature
    • Today’s Pic
    • Opinion
    • Sci-Tech
    • About Us
    • Contact Us
    • Jobs

    © 2024 All rights Reserved by OrissaPOST