Categories: Jaipur

Raj Kata Rs 550CR from the Royalty Contract Auction

Jaipur: Contract for a collection of royalties will be issued through the supply process and the Mining Department expecting more than Rs 550 Crore from auction.
A senior Mining Department official and Petroleum said the auction would be held from the second week of September for 74 licenses in 17 districts for various minerals.
The auction will be made for the royalty collection contract, the excess collection of royalties, the trust of the exploration of the state of Rajasthan, the trust of the regency mineral funds, mineral permits and weighing.
Royalties will be collected from minerals such as soap, sandstone, marble, silica sand, limestone, quartz, feldspar, bentonite and mica, etc.
Additional Chief Secretary (Mine and Petroleum) Subodh Agarwal, “According to the basic price of various contracts, the state will get a minimum of RS 564 Crore from auction and additional income will depend on premium offerings.” The auction will be held on September 7-10 and again on the date 29 months.
For those who have more than Rs 10 Crore, the successful bidder will be asked to regulate a computerized weighing machine with its own expenses.

news2in

Share
Published by
news2in

Recent Posts

44 ordered to attack the procession

Ludhiana: The police have submitted FIR to four identified and at least 40 unknown attackers…

3 years ago

Punjab: Police Reject conspiracy theory in the case of Deep Sidhu

Sonīpat / Ludhiana / Ambala: Actor Punjabi - Activist Activist Deep Sidhu, who died in…

3 years ago

Punjab: Hidden Strength Working Behind PM Narendra Modi, Arvind Kejriwal, said Rahul Gandhi

PATIALA / MANSA / BARNALA: Attacking Prime Minister Narendra Modi and AAP National Convener Kejriawal,…

3 years ago

BJP made AAP to endanger the Congress, said Ajay

Jalandhar: BJP and AAM AAM AADMI parties are one party, Secretary General of the Ajay…

3 years ago

Our job is to make Punjab No. 1 State: Meenakshi Lekhi

Ludhiana: Minister of Union Culture Meenakshi Lekhi while campaigning to support the BJP candidate from…

3 years ago

Feb 20 is an opportunity to change the destiny of Punjab and his children: Bhagwant Mann

Machhiwara (Ludhiana): AAM AAM AADMI Party (AAP) Head of Punjab Candidate and Members of Parliament…

3 years ago