Common Contracts
1 similar Mining Lease Agreement contracts
Additional InformationMining Lease Agreement • February 10th, 2017
The said mining lease is a captive coal mines of Tata Steel Ltd. It is an old Coal mining lease of 1947 over an area of 1740 ha. of land for 999 years. Further it involves 596.90 ha. of notified forest land and 831.04 ha. of GMJJ ( Gair majarua Jungle Jhari ) land to a subtotal of 1427.94 ha. of forest land and remaining 312.06 ha. of non-forest land to make a total of 1740 ha. land falling within lease hold area. In order to obtain Forest clearance under section 2(ii) of FC Act, 04 Nos. of Forest diversion proposals were submitted at different point of times to cover up entire forest land within lease. All applications are in advance stage of processing at the various level of Govt. In past, one of the proposal granted stage-I approval, subsequently compliance to stage-I submitted and we are waiting for stage-II clearance. Meanwhile we have deposited NPV of the remaining forest land within the lease hold area as per the demand note issued by DFO to submit NPV of remaining forest land.
