Government of A.P Revises rates of consideration to be paid for obtaining lease over mineral quarries

The Industries & Commerce department vide notification dated 11 October, 2021 has amended Andhra Pradesh Minor Mineral Concession Rules, 1966. The amendment provides revised rates of consideration to be paid for obtaining quarries for lease for following minerals:

  1. Sillica Sand
  2. Granite
  3. Other minor minerals except Sillica, Granite or ordinary sand.

The Consideration depends on seigniorage fee. The seigniorage fee and other fees shall be paid in addition to consideration to obtain lease.

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