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Rs 564 crore reserved through e-auction

Rajasthan government has started the auction procedure of 74 royalty contracts

Surbhi Rajput by Surbhi Rajput
29 August 2021
in News
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Jaipur, Aug 28. The state government has started the auction procedure of 74 royalty contracts. Additional Chief Secretary of Mines and Petroleum Department, Dr. Subodh Agrawal, said they plan to make the auction process fair and transparent to prevent wastage and earn more revenue. 

He also said that Any interested person from any country in the world could take part in the auction of Royalty Collection Contract (RCC) and Access Royalty Collection Contract (ERCC) of the royalty contracts of the Mines Department in the state.

He said that 74 royalty contracts in 17 districts of the state would be able to bid online. They will be on September 7th, 8th, 9th, 10th, and 29th as per the dates fixed for auction online. According to a rough estimate, these 74 royalty contracts will generate annual revenue of more than Rs 564 crore to the state government. 

He also said that Chief Minister Shri Ashok Gehlot had stressed expanding mineral exploration and mining activities. Chief minister Gehlot has also asked him to increase revenue from mineral wealth in the departmental review meeting. 

Minister Shri Pramod Jain Bhaya stressed making the auction process transparent and more competitive in the mining sector. This would ensure maximum revenue can make generation. 

He said that as per the instructions of Chief Minister Shri Gehlot and the intention of the State Government, these contracts would be given for RCC, ERCC, DMFT, RSMET and will have a permit, weighing fee, etc. To be recovered from the mining leases etc. 

Dr. Aggarwal said that these contracts are from the mines of Mineral Marble, Cheza Stone, Sandstone, Gypsum, Soapstone, Quartz Feldspar, Mica, Lime Stone, Bentonite, Silica Sand, Granite, etc. 

Fees of RRC, ERRC, DMFT, RSMETetc., and are being given for recovery. 

These contracts are with the mines of Alwar, Jaipur, Nagaur, Udaipur, Jodhpur, Ajmer, Barmer, Kota, Bikaner, Sikar, Bharatpur, Chittorgarh, Karauli, Sirohi, Dausa, Dungarpur, and Jhunjhunu. After the auction, the contract cannot be transferred, sublet, or surrendered to anyone else. 

Director of Mines Division, Mr. Kunj Bihari Pandya, informed that e-auction notice of these contracts of reserve amount of Rs. 564 crore has been issued on August 27. In contracts of bid amount more than Rs.10 crore, the contractor will have to install a computerized weighing machine at his own cost. 

The online e-auction dates are 7th, 8th, 9th, 10th, and 29th September. The last date for submission of amount for online bidding, date and time of online bidding can be seen at the departmental website. It can also be seen at the MSTC portal of the Central Government. 

Shri Pandya said that the detailed information about the auction of royalty contracts, terms, rules and procedure are given on the departmental website. In order to make the auction process transparent and easy, the department has arranged for auction through the Government of India portal. Participants of the e-auction will have to register on the Government of India portal first. The already registered persons Firm or company will not have to register again.

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