Andhra Pradesh Government to call global tenders for sale of barytes
Andhra Pradesh Government plans to call global tenders for sale of barytes minerals and has also appointed Capital Fortunes Pvt Ltd as transaction advisor.
Reviewing the barytes issue at the secretariat today the chief secretary Sri I Y R Krishna Rao said the sale of barytes will be linked to international prices on a floating basis.
He said the Government had already cancelled the G.O. 206 on grant of leases of barytesmines and set up a Technical committee vide G.O.RT 398 to process the tenders for sale of barytes in a transparent manner.
The Chief Secretary said the Department has also been asked to study feasibility of setting a solar fencing at the barytes mining area, and achieve greater automation in grading, loading and transportation of barytes minerals. The Mining department has also been advised to set up surveillance cameras in mining area, take up computerization of the records and also promote RFID tagging for the vehicles carrying the mineral. Sri J.S.Venkateswara Prasad, IAS, Prl.Secretary and other concerned officials of Industries department attended the meeting. by TS24x7.com Team
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