CEC may discuss re-allotment of mining lease

The proposed re-allotment of mining lease areas in the Bellary, Tumkur and Chitradurga districts of Karnataka may be discussed by the Supreme Court-appointed Central Empowered Committee (CEC) soon.

The mining lease may be alloted through international competitive bidding which may fetch several thousand crore rupees to the state.

Meanwhile, the panel discussed reclamation and rehabilitation (R&R) plan for mining regions in these districts. Further, the CEC panel will monitor the setting up of a special purpose vehicle (SPV) to make good the environmental damages caused by mining activity.