Government have proposed to grant Mining Lease for for Laterite over an extent of 4.970 hectares in un-surveyed area of Sundarakota village, Hamlet of Sarugudu Panchayat, Nathavaram Mandal, Visakhapatnam District in favour of Smt. Singam Bhavani for a period of 20 years, subject to obtaining Consent for Establishment (CFE) from the A.P.Pollution Control Board as per S.O.1533, dt.14-09-2006 and also subject to submission of Approved Mining Plan under Rule 22(4) of M.C. Rules,1960, within a period of 6 months from the date of receipt of said memo.
The Director of Mines and Geology has stated that Smt. Singam Bhavani submitted Mining Plan approved by the Zonal Joint Director of Mines & Geology, Visakhapatnam and Consent Order for Establishment issued by the Andhra Pradesh State Pollution Control Board vide reference 2nd read above. Finally, the Director of Mines & Geology has recommended to the Government for grant of Mining Lease for Laterite over an extent of 4.970 hectares in un-surveyed area of Sundarakota village, Hamlet of Sarugudu Panchayat, Nathavaram Mandal, Visakhapatnam District in favour of Smt. Singam Bhavani for a period of 20 years,.
Government, after careful examination of the matter, hereby grant Mining Lease for Laterite over an extent of 4.970 hectares in un-surveyed area of Sundarakota village, Hamlet of Sarugudu Panchayat, Nathavaram Mandal, Visakhapatnam District in favour of Smt. Singam Bhavani for a period of 20 years, subject to satisfaction of Mines and Minerals (Development & Regulation) Act,1957 and Mineral Concession Rules,1960 and also subject to the conditions in Form-K prescribed under the M.C. Rules, 1960 and to the additional conditions specified in the Appendix to this order and subject to satisfying all other applicable Acts & Rules in this regard.
The rates of royalty, dead rent, surface rent and water charges shall be collectable as follows:
I. Rates of Royalty:
a) zero point five zero per cent of London Metal
Exchange Aluminium metal price chargeable on the contained aluminum metal in ore produced for those dispatched for use in alumina and aluminum metal extractio
b) Twenty five per cent of sale price on ad valorem basis for those dispatched for use other than alumina and aluminium metal extraction and for export.
II. Dead Rent
|Rates of dead rent in rupees per hectare per annum or as revised by
the Government from time to time
|From second year of lease||Third year and fourth year||Fifth year onwards|
|III. Surface rent and water charges||As fixed by the Government from time to time.|
The grantee should execute the lease deed within the time limit specified in Rule 31 of Mineral Concession Rules, 1960.
The grantee should pay a deposit of Rs.10,000/- as prescribed under Rule 32 of the Mineral Concession Rules, 1960 before the lease is actually executed.
The terms and conditions referred to in paras 3 to 6 of this order are subject to such further modifications, additions and alterations as may be ordered before the lease deed is executed.
The Director of Mines and Geology shall take necessary further action for the execution of the lease deed after satisfying himself that the grantee fulfils all the required provisions of the amended Act and Rules. As soon as the deed is executed, the date of such execution should be reported to the Government.
Note:-The grant is liable for cancellation, should it be found at a later date that it was grossly inequitable or was made under a mistake of fact or owing to misrepresentation or fraud or in excess of authority.