Home Politics Mines Dept expecting Rs 110 crore revenue from recently concluded 30th E-auction

Mines Dept expecting Rs 110 crore revenue from recently concluded 30th E-auction

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Oct 4- State Govt is expecting revenue to the tune of Rs 110 crore including GST from the recently concluded 30th E-auction of 7.56 lakh metric tonnes of already extracted iron ore. The ore lying at various locations in the State has been auctioned through 5 lots. Expressing satisfaction over the response from the bidder to the E-auction, Mines Director Narayan Gad said, “We are expecting revenue of Rs 100 crore and GST to the tune of Rs 9 to 10 crore from the E-auctioned ore.”