EXTRAORDINARY
PUBLISHED BY AUTHORITY
No. 1926 CUTTACK, THURSDAY, OCTOBER 10, 2019 / ASWINA 18, 1941
STEEL & MINES DEPARTMENT
NOTIFICATION
The 4th October, 2019
Subject : Permission for intermediate storage in favour of merchant
mining lessees whose leases are expiring on 31st March, 2020.
No. 7630- IV(B)SM-35/2019/ SM.—Whereas, the validity period of large number of operating mining leases is going to expire w.e.f. 31st March, 2020. And, whereas State Government, have taken steps to facilitate smooth transition of such mines post 31st March, 2020.
And, whereas, huge quantity of stock is lying in these lease areas, and its evacuation from the lease area is in the interest of smooth operation of the mines by the new lessees after the expiry of validity period of existing leases.
And, whereas, the proposal for permitting intermediate storage in favour of mining lessees whose leases are expiring on 31st March, 2020 was thus under active consideration of Government.
Now, after careful consideration, the State Government in exercise of powers vested under rule 10 B of Odisha Minerals (Prevention of Theft, Smuggling and Illegal Mining and Regulation of Possession, Storage, Trading and Transportation) Rules, 2007, have been pleased to allow establishment of intermediate storage depots (stock-yards) by the merchant mining lessees whose leases are expiring on 31st March, 2020 in relaxation of the provisions of the 6th proviso to rule 3 of the said Rules, 2007 and also Notification No. 9939-IV (A) SM-151/2010/SM., dated the 16th December, 2011 subject to following conditions:—
1. The storage license shall be valid only for storage of either Iron ore or 2 2. The stock-yard (depot) will be used for storage of ore procured by the licensee only from its lease(s) expiring on 31st March, 2020 for subsequent disposal even through sale to the trader(s).
3. All the requisites clearances, approvals etc. as required by law shall be obtained and maintained by the licensee.
By Order of the Governor
B.N. ACHARYA
Additional Secretary to Government