India’s Mining Tenement System remains work in progress
KOLKATA (miningweekly.com) – More than two-and-a-half years after it was launched, India's Mining Tenement System (MTS) continues to remain a work in progress with no contract awarded for the project and funds allocated remaining unused.
A Parliamentary committee review of the project has revealed that the MTS, which was launched in 2014, is yet to make any headway, as implementing agency the Indian Bureau of Mines (IBM) has not awarded a contract for the implementation of the project. Bids are still in the technical evaluation phase.
The committee also observed that, during 2015/16, government funding for the MTS was reduced from $8-million to $5-million, of which IBM only used $4-million to advance the project.
However, the Mines Ministry has maintained that the technical evaluation of the bids by companies, including TCS, Wipro and L&T Infotech, will be completed soon and that the MTS contract will be awarded within the next two months.
The proposed MTS is an online system, which will entail a knowledge base of all the mining tenements such as reconnaissance permits, prospecting licences, mining leases, identified mineral resources and areas explored. The system will present the information using a geographical information system to assist the investor to identify an area of interest. The aim of the system is to assist IBM in managing mineral concessions and enable the mineral concessionaires to interact online with these organisations.
In the latest delay to the project, on advice of its consultant, Ernst & Young, the Mines Ministry had extended the submission date for request for proposals to November 20.
Article Enquiry
Email Article
Save Article
Feedback
To advertise email advertising@creamermedia.co.za or click here
Research Reports
Projects
Latest Multimedia
Showroom
ATI systems comprises five divisions: electrical assemblies, drives and controls, feedback sensors, enclosures, and strip guiding.
VISIT SHOWROOM
Your global lifecycle technology & service partner for materials & minerals processing equipment for coal, iron ore, copper, manganese & other...
VISIT SHOWROOM
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation
