Connect with us

TOP STORIES

Auction of lithium in Reasi annulled due to lack of bids: Centre | KNO

Published

on

kno news

Srinagar Mar 13 (KNO): The auction of lithium deposits found in Reasi district in Jammu and Kashmir has been annulled after no bids were received, the Minister of Coal and Mines, G. Kisan Reddy said during a session in the Rajya Sabha. Responding to a question on Wednesday about the significant lithium discovery in Reasi in 2023, which had been described as a potential game-changer for India’s energy transition, the minister, as per the news agency—Kashmir News Observer (KNO), confirmed the finding of lithium deposits in the region. He said the exploration of these deposits had reached the G3 level, which signifies a preliminary stage of resource assessment. When asked if the lithium blocks had been auctioned, the minister confirmed that two blocks were placed for auction. These included the Salal-Haimna Lithium, Titanium and Bauxite (Aluminous Laterite) block in Reasi district, and the Katghora Lithium and Rare Earth Elements (REE) block in Korba district, Chhattisgarh. While the Katghora block was successfully auctioned, the auction for the Salal-Haimna block failed due to a lack of bidders, he said. The minister further said that the Mines and Minerals (Development and Regulation) Amendment Act, 2023, which came into effect on August 17, 2023, empowered the Central government to exclusively auction mining leases for critical and strategic minerals like lithium. "These amendments aim to streamline the process and ensure that India’s critical mineral resources are developed in a regulated manner," the minister added—(KNO)

Trending

TOP STORIES2 hours ago

Chief Justice visits DCC Ganderbal, assesses measures concerning court management, infrastructure | KNO

TOP STORIES2 hours ago

‘Yellow Alert’: Rains, snow lash J&K for 3rd straight day | KNO

TOP STORIES2 hours ago

In JK, non-tax power tariff revenue increases by 11% since 2022 | KNO

TOP STORIES2 hours ago

CMO Budgam vows legal action for circulating ‘old video’ of SDH on social media | KNO

TOP STORIES2 hours ago

SOTTO J&K Delivers Organ Donation Awareness for Senior Citizens | KNO

TOP STORIES2 hours ago

Forest Dept provides over 25 lakh Cft of timber to 18,471 beneficiaries in three years | KNO

TOP STORIES2 hours ago

Srinagar leads in parks, floriculture; Doda, Kishtwar have none | KNO

TOP STORIES2 hours ago

Chronic kidney disease cases double in a decade in J&K: Doctors | KNO

TOP STORIES2 hours ago

Over 15.3 crore tourists visited J&K in last 10 years: Parliamentary report | KNO

TOP STORIES2 hours ago

Hakeem Yaseen extends warm greetings on Holi | KNO

TOP STORIES2 hours ago

MP Mian Altaf visits bereaved family in Qazigund | KNO

TOP STORIES2 hours ago

Theft case solved in Gbl, stolen gold worth lakhs recovered: Police | KNO

TOP STORIES3 hours ago

22 High Schools without Headmasters in Shopian, reveals RTI | KNO

TOP STORIES3 hours ago

Holi celebrated with festive spirit across Kashmir | KNO

TOP STORIES3 hours ago

Revenue generation by SFD dips from Rs 480 lakh to Rs 124 lakh in 2 years: Data | KNO

TOP STORIES3 hours ago

On 2nd Friday of Ramadan thousands of devotees offer prayers across Kashmir | KNO

TOP STORIES3 hours ago

Forests cover 47.52% of land in Doda, 1.88% in Srinagar | KNO

Copyright © 2021