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7 limestone blocks in Umrangso being auctioned: CM at mining mins' conclave
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Guwahati: Addressing the second edition of the North East Geology and Mining Ministers' Conclave here on Friday, chief minister Himanta Biswa Sarma announced that the state has begun auctioning seven limestone blocks situated in the Umrangso area of Dima Hasao district.
The conclave marks a significant step towards harnessing the untapped mineral and coal resources across the northeastern states.
Sarma, in his keynote address, outlined the state's progressive policy reforms and significant monetary investments in the mining sector.
He added that the state has begun auctioning seven limestone blocks, of which five blocks have already been auctioned with letters of intent distributed, while the remaining two blocks are scheduled for auction by Aug 2025.
He conveyed optimism that through collaboration with the Govt of India and Indian Bureau of Mines, at least one limestone block would become operational by Dec 2025.
The CM announced that the mines and minerals department secured 14 MoUs with investment pledges surpassing Rs 46,000 crore from domestic and international investors during the Advantage Assam 2.0 Summit. He assured the attendees of providing a favourable business atmosphere and disclosed that the state cabinet had given approval for establishing the Assam State Mineral Trust, which aims to advance sustainable practices in mining and exploration of minor minerals.
by Taboola
by Taboola
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Union coal and mines minister G Kishan Reddy, in his address, highlighted the significant position of the northeast in India's mining and energy strategy and noted that the mineral-abundant states of the region are receiving dedicated attention under the PM's guidance to convert their unused resources into catalysts for economic advancement, job creation and regional development.
The minister assured complete backing from the centre to all northeastern states in developing their individual mining action strategies.
He emphasised the necessity of implementing environmentally conscious and technologically sophisticated mining methods. Additionally, he stressed the importance of coordinating mineral development activities with disaster readiness, scientific studies and social progress.
Coal ministry secretary Vikram Dev Dutt emphasised the northeast's vital role in India's energy security, citing its abundant tertiary coal reserves across Assam, Meghalaya, Arunachal Pradesh, Nagaland, Mizoram, and Sikkim.
He described these deposits' distinctive features, including high calorific value, low ash content, and elevated sulphur levels.
The secretary announced that 10% of the funding for central sector exploration schemes has been allocated to the northeast, emphasising the importance of focused exploration activities. He reported the successful auction of five coal blocks in the region, with a total output capacity of 1.2 million tonnes yearly, projected to create approximately 1,650 employment opportunities and yield about Rs 800 crore in annual state revenue.
He affirmed the ministry's commitment to maintaining sustainability as a fundamental aspect of coal development initiatives in the northeastern region.
