8 quarries fetch Rs 101 cr against reserve price of Rs 4.02 cr
High bidding may lead to higher sand, gravel rates. The first e-auction of sand mines, having environmental clearance in north India, today generated a lot of interest among mining contractors from across the region. The auction was held for eight quarries — three each in Jalandhar and Kapurthala and one each in Mohali and Ludhiana — spanning over 337 acres of land. Against the Punjab Government's reserve price of Rs 4.02 crore, the quarries fetched a record Rs 101.09 crore.
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Links:
[1] http://admin.indiaenvironmentportal.org.in/news/govt-strikes-gold-mining-auction
[2] http://admin.indiaenvironmentportal.org.in/category/author/ruchika-m-khanna
[3] http://admin.indiaenvironmentportal.org.in/category/newspaper/tribune-new-delhi
[4] http://admin.indiaenvironmentportal.org.in/category/thesaurus/punjab
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/jalandhar-d
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/kapurthala-d
[7] http://admin.indiaenvironmentportal.org.in/category/thesaurus/mohali-d
[8] http://admin.indiaenvironmentportal.org.in/category/thesaurus/mining
[9] http://admin.indiaenvironmentportal.org.in/category/thesaurus/ludhiana-d
[10] http://admin.indiaenvironmentportal.org.in/thesaurus/environment-clearance-ec
[11] http://admin.indiaenvironmentportal.org.in/thesaurus/sand-mining
[12] http://admin.indiaenvironmentportal.org.in/category/thesaurus/mineral-based-indsutry
