Tuesday, 19 August 2014

Goa government to allot 27 mining leases; Sesa Sterlite rallies

Sesa Sterlite was the top gainer on the Nifty in trade today following reports that the Goa government will allot at least 27 mining leases from September 30 to October 10 this year. 

Goa chief minister Manohar Parrikar said his government will renew leases of 27 holders which include Sesa  Sterlite, V M Salgaocar & Sons, Chowgule  & Co and Sociedade de Fomento. His government will also finalize various schemes for the support of the mining-affected including truck owners, tea shop owners, etc by October. 

The government will finalize all other mining-related issues latest by the end of this calendar year. 

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