Section 17. Auction for Composite Licence

CHAPTER III GRANT OF COMPOSITE LICENCE 16. Prerequisites for auction of Composite Licence— - (1) The Director, Mines/Deputy Commissioner may initiate an auction process for grant of a Composite Licence with respect to an area within the State in accordance with the provisions of these rules and this Chapter for the mineral block prepared by the Director, Geology for grant of a Composite Licence. - (2) The Director, Mines /Deputy Commissioner shall, prior to issuance of the notice inviting tender with respect to auction, identify and demarcate the area where a Composite Licence is proposed to be granted through auction and the area so demarcated shall be classified into forests land, land owned by the State Government, and land not owned by State Government. 17. Auction for Composite Licence— (1) The auction process as specified in rules 6 to 9 shall be applicable for conduct of auction for grant of a Composite Licence subject to the following, namely:— - (a) the State Government shall not make any reservation on the basis of end use; - (b) the Director, Mines /Deputy Commissioner shall subject to compliance of rule 16, issue a notice inviting tender, including on their website, to commence the auction process and such notice shall contain brief particulars regarding the area under auction, including,- - (i) particulars of the area identified and demarcated shall be divided into forest land, land owned by the State Government, and land - not owned by the State Government - (ii) estimated mineral resources with respect to all minerals discovered in the area as prepared by Director, Geology. - (c) the tender document issued by the Director, Mines, shall contain,— - (i) geological report specifying particulars and estimated quantities of all minerals discovered in the area as prepared by Director, Geology; and - (ii) revenue survey details of the area identified, demarcated shall be divided into forest land, land owned by the State Government, and land not owned by the State Government. - (d) the bidders shall be provided a fixed period, as prescribed by the Director, Mines/Deputy Commissioner to study the Tender Document and such reports and the bidding process shall commence only on expiry of such period.