Ore Transit Halt Causes Rs 20 Mn Daily Loss, says Mining Association
COAL & MINING

Ore Transit Halt Causes Rs 20 Mn Daily Loss, says Mining Association

The Pakistan Bureau of Statistics (PBS) reported an extraordinary 850 per cent surge in gas prices over the past four months. 

The Goa Mineral Ore Exporters' Association (GMOEA) stated on Wednesday that continuous disruptions in transporting iron ore from Vedanta Sesa Goa's Bicholim mine block are causing daily losses of nearly Rs 20 million. According to GMOEA secretary Glenn Kalavampara, villagers' "unreasonable demands" are having detrimental financial and reputational effects.

The GMOEA emphasized that the government bears responsibility for addressing these concerns, as it had auctioned the mining blocks at a premium. Kalavampara explained that Vedanta had reported a two-week halt in road transportation at the Bicholim mine due to these demands, resulting in significant financial losses. He also noted that temporary route requests remain unresolved, a situation he described as inconsistent with the principles of ease of doing business.

Villagers from Mathawada-Sarmanas, Pilgao, including local farmers and women from the ST community, have blocked trucks transporting iron ore, alleging that the vehicles are damaging their fields. Kalavampara remarked that preventing transportation despite obtaining all necessary permissions is unfair to operators, especially on traditional or dedicated routes. He stressed that such delays harm not only the operators but also the government and economy, particularly given the challenges already faced by the mining sector. He urged the authorities to resolve the impasse swiftly.

The GMOEA reiterated that since the government auctions mining leases at a premium, it has an equal responsibility to address the concerns without imposing additional costs on leaseholders. The association pointed out that mining companies already pay statutory dues, including royalties, district mineral fund contributions, and other taxes.

While expressing optimism about ongoing discussions between the village groups and the mine leaseholder, the GMOEA emphasized the need for practical interim solutions to avoid further complications. Kalavampara expressed hope for a swift resolution that considers both the villagers' and the operator's concerns, prevents future disruptions, and discourages unlawful actions.

The Pakistan Bureau of Statistics (PBS) reported an extraordinary 850 per cent surge in gas prices over the past four months. The Goa Mineral Ore Exporters' Association (GMOEA) stated on Wednesday that continuous disruptions in transporting iron ore from Vedanta Sesa Goa's Bicholim mine block are causing daily losses of nearly Rs 20 million. According to GMOEA secretary Glenn Kalavampara, villagers' unreasonable demands are having detrimental financial and reputational effects.The GMOEA emphasized that the government bears responsibility for addressing these concerns, as it had auctioned the mining blocks at a premium. Kalavampara explained that Vedanta had reported a two-week halt in road transportation at the Bicholim mine due to these demands, resulting in significant financial losses. He also noted that temporary route requests remain unresolved, a situation he described as inconsistent with the principles of ease of doing business.Villagers from Mathawada-Sarmanas, Pilgao, including local farmers and women from the ST community, have blocked trucks transporting iron ore, alleging that the vehicles are damaging their fields. Kalavampara remarked that preventing transportation despite obtaining all necessary permissions is unfair to operators, especially on traditional or dedicated routes. He stressed that such delays harm not only the operators but also the government and economy, particularly given the challenges already faced by the mining sector. He urged the authorities to resolve the impasse swiftly.The GMOEA reiterated that since the government auctions mining leases at a premium, it has an equal responsibility to address the concerns without imposing additional costs on leaseholders. The association pointed out that mining companies already pay statutory dues, including royalties, district mineral fund contributions, and other taxes.While expressing optimism about ongoing discussions between the village groups and the mine leaseholder, the GMOEA emphasized the need for practical interim solutions to avoid further complications. Kalavampara expressed hope for a swift resolution that considers both the villagers' and the operator's concerns, prevents future disruptions, and discourages unlawful actions.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

Sabarmati Riverfront Two Plots Up for Auction at Rs2.24 bn Base Price

Two commercial plots on the western bank of the Sabarmati Riverfront will be auctioned with a base price of Rs 112 crore each, equivalent to Rs 1.12 bn apiece and Rs 2.24 billion in total. The parcels are located adjacent to the Metro Rail Bridge in Ahmedabad and form the first commercial offering after a prolonged pause. The Riverfront Development Corporation has framed the sale as part of a phased commercial release to revive development along the riverfront. The combined base valuation has been set by the corporation to reflect market rates along the riverfront. The corporation has fixed a ..

Next Story
Infrastructure Urban

Andhra Pradesh to Connect Over One Million Streetlights

Andhra Pradesh will undertake a statewide smart streetlighting programme across all 123 Urban Local Bodies (ULBs), bringing around 1.05 million (mn) streetlights under an AI enabled monitoring and management system. The programme will be implemented by Energy Efficiency Services Limited (EESL) with the Commissioner and Director of Municipal Administration under the state Municipal Administration and Urban Development Department. The project aims to convert conventional streetlighting into a digitally managed municipal service monitored and maintained remotely. The initial phase will cover abou..

Next Story
Infrastructure Urban

AMC To Procure Four Machines For Guard Rail Cleaning

Ahmedabad Municipal Corporation will introduce four specialised machines for cleaning guard railings along major roads and the central verges of BRTS and Metro corridors. The civic body plans to replace manual labour with mechanised cleaning to improve maintenance of road infrastructure and greenery. The purchase is estimated at Rs 82.8 million (mn), excluding GST. The proposal sets the base price of each machine at about Rs 20.7 million (mn) so four units total Rs 82.8 million (mn) before GST. 18 per cent GST will be applicable separately. During the warranty period each machine will operate ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement