Individual Indian

Sec 5 of
MMDR, All members- Indian
1957 Company

Evidence of
Mineral Content
1 Approved mining If VER>25 CR, Net
worth >4% of VER
plan

If VER ≤25Cr, Net

State can Sch I of Mining Individual worth=1% of VER
Lease
amend as
per Article
M(A) R,
244 and 5th 2015 Company If VER>25 CR, Net
and 6th worth >4% of VER
Schedule of Composite
the
Constitution Licence If VER ≤25 CR, Net
Net worth >1% of worth >2% of VER
Material-
End Utilised solely
VER for
Company or
2 use Individual
No sell or transfer
of mineral
 Tender
NIT Document

Area details Revenue

Estimate d Geological
and survey
resources Report
demarcation details

As per
DGPS & Total EMC, Rules, Title of land
Type of land
station
2015
 Technically Qualified
Bidder Qualified Bidder
Bidder
•Technical Bid •Ranked as
•Submit FPO
Z
•Document of descending IPO Y
X
eligibility
•IPO≥ Reserve
•50% or top 5 W
V
•Highest FPO
Price U
T

Z, Z, Z,Z Total TQB < 3

Y, Y, Y
X,X,X Preferre
Process
W,W annulled
d Bidder
V,V
Total TQB = 4
U,U
T
All TQB = QB
S
 1. Eligible for all T&C
2. 2nd instalment-
10%
1st Issuance 3. Performance Successful
instalment- Security

10% of LOI 4. Mining Plan Bidder

5. Other conditions
of SG by approval
of GOI.

Grant 3rd Consent,

of lease
instalment- MDPA approval
80% and NOCs

Lease Execution-
Within 30 days Registration Commencement
from 3rd instalment
 Same as in case
of ML auction

Subject to following
 Performance
Preferred LOI for
Security –
Bidder
0.25% of VER PL

1. Compliance of T&C
1. Geological
2. Obtaining all NOC,
exploration Successful Consents,
2. Periodic reporting Bidder approvals
3. Final report to SG &
3. Scheme of
IBM
Prospecting
Evidence
of 1. Application of ML.
Mineral 2. 1st instalment of UP-10%
No
Evidence
MDPA
1. Compliance of T&C
2. 2nd instalment of UP
3. Enhanced LOI for
3rd instalment
Performance Security ML
4. Mining Plan
of UP
Termination 5. Obtaining all NOC,
of Consents, approvals
application 6. Other conditions by
SG
Execution of ML
within 30 days
 MPAP in SOM- 1 MT
MP (approx)- 1/12 -80,000 Mts

1 2 3 4 5
 • Notice to lessee to specify willingness/unwillingness in
Step 1 30 days

• NIT- Condition of First Right of Refusal and

Step 2 willingness/unwillingness

2 rounds of Electronic Auction

• Within 7 days of completion of 2nd round – notice to

Step 3 lessee to seeking written confirmation

• Lessee to reply within 15 days

Step 4 • Failing which- confirmation of unwillingness.

• If lessee matches the FPO of Preferred bidder- lease

Step 5 shall be granted as per Mineral Auction Rule,2015.
1) Environmental Clearances
a. Issue of Terms of Reference : 30 days
b. Public Consultation: 30 days
c. Submission of EIA & EMP reports: 60 days
d. Decision by EAC for grant of EC: 45 days
2)Forest Clearances
a. Stage I FC : 90 days
b. Application for Stage II after Stage I compliances: 90 days
c. Stage II approval: 45 days
3) Approval of Mining Plan :
3 months were reduced to 2 months
4) Land Acquisition
a. Requisite consent of land owners within 60 days
b. Land Acquisition for mining 120 days