NEWS AND MEDIA
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HC gives Orissa, revival plan for MSP Metallics.
MSP Metallics’ owed more than Rs 1,500 crore to its financial lenders. SBI holds 37.2% voting rights in the committee of creditors, while lenders include Indian Bank, Punjab National Bank, UCO Bank, Indian Overseas Bank, Canara Bank, Central Bank of India, Union Bank of India, Bank of Baroda and Bank of India.
High Court directs Meghalaya govt to verify limestone mining licence
“The state’s affidavit should deal with aspects of the matter upon ascertaining whether any license issued to any person for mining limestone as a minor mineral is being misused by exporting the mining mineral to any country,” a division bench said in an order on Thursday while hearing a PIL.
Saudi Arabia rewards 25 limestone companies, tender for Hofirat Nesah Complex
The winning bids are expected to be announced in June 2022. The ministry invited all qualified companies to a virtual workshop on Monday, May 30, 2022, to raise the awareness of the qualified bidders and clarify their obligations and the electronic bidding process. From Tuesday, May 31, 2022 to Saturday, June 4, 2022, the ministry will additionally conduct a 5-day field tour for qualified companies to identify the sites available for bidding.
Massive logging in Cambodia linked to unlawful limestone quarrying
Illegal logging appears to be taking place openly inside a swath of protected forest that authorities in Cambodia have only authorized for a feasibility study for limestone mining. Locals and conservationists say the wood leaves the concession awarded to KP Cement in the Prey Lang Wildlife Sanctuary and is laundered through sawmills owned by Think Biotech.
Ukraine places limestone on the list of critical imports
“Include in the annex to the Resolution of the Cabinet of Ministers of Ukraine dated February 24, 2022 No. 153 “On the list of critical import goods” – as amended by the Resolution of the Cabinet of Ministers of Ukraine dated March 4, 2022 No. 191 dated March 7, 2022 No. 219, dated March 8, 2022, No. 226 dated March 10, 2022, No. 244 dated March 13, 2022, No. 266, March 19, 2022, No. 324 the attached changes”, the information says.
Minister Velmurugan proposes separate roads for vehicles carrying limestone.
The private limestone mine operates 24 hours a day.Villagers are afraid to go to their fields as lorries carrying heavy loads ply at breakneck speed. They are unable to transport any materials to the fields. Dust particles from the roads affect people living nearby. During rainy season, two-wheelers easily skid off the road. The fine dust particles also settle on cotton crops, changing its colour and quality. This affects the final selling price. There is good demand for cotton this year. But, they are unable to reap its benefits owing to this problem. The yield is also declining, affecting the overall livelihood.