Odisha Serves Notice to Sarda Mines for Excess Iron Ore Mining
The Hindu reported that Odisha’s Directorate of Mines has served a show-cause notice to the Sarada Mines Limited for recovery of INR 1,042 crore
The Hindu reported that Odisha’s Directorate of Mines has served a show-cause notice to the Sarada Mines Limited for recovery of INR 1,042 crore towards alleged excess iron ore production in Keonjhar district. The company has been served the show cause as to why the cost price of compensation under Section 2l(5) of the Mines and Minerals (Development and Regulation) Act 1957 should not be recovered from it. Keonjhar Joint Director said in the notice“On verification it has been noticed that you have produced 6,153,976 tonnes during 2020-21, which is 2,153,976 tonnes higher than approved lowest limit of environment clearance, mining plan and consent to operate,” said the
Following a Supreme Court order, the company was allowed to resume mining operation in the Thakurani-B Iron Mines in January 2020. As per the environment clearance, the company was accorded permission to produce 4 million tonnes in a year.