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

12 Dec 2024 CW Team

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.

Infrastructure Energy

17 Dec 2025

Vedanta Aluminium Uses 1.57 bn Units of Green Energy in FY25

Vedanta Aluminium, India’s largest aluminium producer, recently reported consumption of 1.57 billion units of renewable energy in FY25, marking a significant milestone in its 2030 decarbonisation roadmap. The company also achieved an 8.96 per cent reduction in greenhouse gas (GHG) emissions intensity compared to FY21, reinforcing its leadership in India’s low-carbon manufacturing transition. During FY25, Vedanta Aluminium expanded its renewable energy portfolio through long-term power purchase agreements, strengthening its strategy to source nearly 1,500 MW of renewable power over the lon..

Real Estate

17 Dec 2025

Oberoi Group to Develop Luxury Resort at Makaibari Tea Estate

EIH Limited, the flagship company of The Oberoi Group, has announced the signing of a management agreement to develop an Oberoi luxury resort at the iconic Makaibari Tea Estate in Darjeeling. The project marks a key milestone in the Group’s long-term strategy of creating distinctive hospitality experiences in rare and environmentally significant locations. Established in 1859, Makaibari is one of the world’s oldest tea estates and is globally recognised for its Himalayan landscape, primary forests and exceptional biodiversity. Spread across 1,236 acres, the estate houses one of the world�..

Real Estate

17 Dec 2025

GHV Infra Secures Rs 1.09 Bn EPC Order in Jamshedpur

GHV Infra Projects Ltd, a fast-growing EPC company in India’s infrastructure and construction sector, has recently secured a Rs 1.09 billion work order in Jamshedpur, Jharkhand. Awarded by a reputed group entity, the contract covers end-to-end civil construction, mechanical, electrical and plumbing (MEP) systems, along with high-quality finishing works for a large building development. The project will be executed over a 30-month period, with defined benchmarks for quality, safety and timely delivery. The order strengthens GHV Infra’s footprint in Jamshedpur, a key industrial hub known fo..