In force · As amended up to 2026-08
14. Period of commencement of operating rights. —A holder of operating right shall commence operation within the period specified below after the grant of the operating right and shall thereafter conduct such operation in proper, skilful and workman-like manner, as follows:—
- (a) reconnaissance permit — six months;
- 1 [(aa) composite licence
- one year;]
- (b) exploration licence
— one year; and
- (c) production lease — two years.
Source: India Code