State mining Corporation opens tenders for 3 yrs

| | Bhopal
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State mining Corporation opens tenders for 3 yrs

Sunday, 08 December 2019 | Staff Reporter | Bhopal

The tenders invited for sand mining in the group of 36 districts for three years, was opened on Saturday by the Madhya Pradesh State Mining Corporation.

After implementation of these tenders, the State Government would get revenue of Rs 1,234 crore per year. Mining Minister Pradeep Jaiswal remained present during the tender opening process.

According to principal Secretary of the Mining department and MD of State Mining Corporation Neeraj Mandloi, in past three years, the revenue generation through mining has been Rs 250 crore per year. In the year 2016-17, the revenue of sand mining was Rs 240 crore, in 2017-18 Rs 249 crore and in the year 2018-19, it was Rs 223 crore.

Besides the group of 36 districts, the process of tender in seven districts is still in the process. In all these 43 districts, the reserve Government price was fixed at Rs 475 crore.

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