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GOVERNMENT OF ANDHRA PRADESHABSTRACT

MINES AND MINERALS - Mining Lease for Limestone over an extent of 266.120Hectares in Sy.Nos. 1 to 15,27,28,30 to 34,37,148 to 152,158,160 to 190,196 to217,220,228,335 to 343,348 to 359,367 to 368 of Tangeda Village, DachepalliMandal and over an extent of 145.260 Hectares in S.Nos. 405 to 465,689 to692,694 to 698,700 to 703 of Vemavaram village, Machavaram Mandal and over anextent of 202.330 Hectares in Sy.Nos. 1 to 38,43,44,58 of Chennayapalem Villages,Machavaram Mandal, Guntur District [Total extent of 613.70 Hectares] for a periodof 30 years, in favour of M/s. Saraswathi Power & Industries (P) Ltd., Sanctioned Orders - Issued.---------------------------------------------------------------------------------------------

INDUSTRIES & COMMERCE (M.II) DEPARTMENT

G.O.Ms.No. 107 Dated:18-05-2009Read the following:-

1. From the D.M.G., File No.2633/R3-2/2007, dated:30-4-2008.2. Government Memo No.5876/M.II(2)/2008-1, dated:12-6-20083. Government Memo.No.5876/M.II(2)/2008-2, dated:12-6-20084. Government Memo No.16954/M.II(2)/2008-1, dated:11-12-20085. From the D.M.G., File No.2633/R3-2/2007, dated:01-5-2009.

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ORDER:-

Basing on the proposals of Director of Mines & Geology, Hyderabad in thereference first read above, Government in the reference 3 rd read above haveproposed to grant a Mining Lease for Limestone over an extent of 266.120Hectares, in Sy.Nos. 1 to 15,27,28,30 to 34,37,148 to 152,158,160 to 190,196 to217,220,228, 335 to 343,348 to 359, 367 to 368 of Tangeda Village, DachepalliMandal and over an extent of 145.260 Hectares in Sy.Nos. 405 to 465,689 to692,694 to 698,700 to 703 of Vemavaram village, Machavaram Mandal and over anextent 202.330 Hectares in Sy.No.1 to 38,43,44,58 of Chennayapalem villages,Machavaram Mandal, Guntur District, [Total extent of 613.70 Hectares] in favourof M/s.Saraswathi Power & Industries (P) Ltd., for a period of 30 years, subject tosatisfaction of M.M (D&R) Act, 1957, M.C. Rules, 1960 and other relevant rules andregulations and also subject to submission of the pattadars consent by the applicantbefore entering into the field as required under Rule 22(h) of M.C. Rules, 1960.Further, the grant is also subject to submission of consent for establishment [CFE]from the A.P. State Pollution Control Board and also Environmental Clearance underEnvironmental Impact Assessment from Government of India as per S.O.1533,dated:14-9-2006, duly rejecting the prior 3 Prospecting License applications of saidcompany.

2. In the reference 3 rd read above, Government have called for the ApprovedMining Plan for the area referred to at para 1 above and rejected the threeprospecting licence applications of M/s. Saraswathi Powers & Industries Ltd., in thereference 2 nd read above.

3. In the reference 5 th read above, the Director of Mines and Geology has sentproposals along with the Mining Plan Approved by the Controller of Mines (S.Z.) of Indian Bureau of Mines, Bangalore has requested the Government to grant MiningLease for Limestone over an extent of 266.120 Hectares in Sy.No.1 to15,27,28,30,to 34,37,148 to 152,158,160 to 190,196 to 217, 220,228,335 to343,348 to 359,367 to 368 of Tangeda Village, Dachepalli Mandal and over an

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extent of 145.260 Hectares in Sy.No.405 to 465,689 to 692,694 to 698,700 to 703of Vemavaram Village, Machavaram Mandal and over an extent of 202.330Hectares in Sy.Nos.1 to 38,43,44,58 of Chennayapalem Villages, Machavaram

Mandal, Guntur District (Total extent of 613.70 Hectares) for a period of 30 years infavour of M/s. Saraswati Power and Industries (P) Ltd., subject to condition of furnishing Financial assurance before execution of Lease deed and subject tosatisfaction of all other terms and conditions laid down in MC Rules, 1960 andMM(D&R) Act,1957 and also subject to submission of consent for establishment(CFE) from the Andhra Pradesh Pollution Control Board and EnvironmentalClearance from Government of India under Environmental Impact Assessment asper S.O.60(E), dated.27.01.1994.

4. The Government after careful examination of the above proposal of Directorof Mines & Geology, Hyderabad, hereby grant a Mining Lease for Limestone over an

extent of 266.120 Hectares in Sy.Nos. 1 to 15,27,28,30 to 34,37,148 to152,158,160 to 190,196 to 217,220,228,335 to 343,348 to 359,367 to 368 of Tangeda Village, Dachepalli Mandal and over an extent of 145.260 Hectares inS.Nos. 405 to 465,689 to 692,694 to 698,700 to 703 of Vemavaram village,Machavaram Mandal and over an extent of 202.330 Hectares in Sy.Nos. 1 to38,43,44,58 of Chennayapalem Villages, Machavaram Mandal, Guntur District,[Total extent of 613.70 Hectares] for a period of 30 years, in favour of M/s.Saraswathi Power & Industries (P) Ltd., subject to condition of furnishing Financialassurance before execution of Lease deed and subject to satisfaction of all otherterms and conditions laid down in MC Rules, 1960 and MM(D&R) Act,1957 and alsosubject to submission of consent for establishment (CFE) from the Andhra PradeshPollution Control Board and Environmental Clearance from Government of Indiaunder Environmental Impact Assessment as per S.O.1533, dated:14-9-2006 andalso subject to the conditions in Form-K prescribed under the Mineral ConcessionRules, 1960 and to the additional conditions specified in the Appendix to this order.

5. The rates of royalty, dead rent and surface rent and water charges shall becollectable as follows, or as revised by the Government from time to time.

I. Rates of Royalty : Limestone :- (a) L.D.Grade: Fifty five rupees per tonne.(b) Others : Forty five rupees per tonne.

Oras revised by the Government

from time to time.

II. Cess : Rs.3/- per tonne or as revised by Government fromtime to time.

III. Dead rent : (Rates of Dead rent in Rupees per hectare per annum oras revised by Government from time to time)

First two years of lease 3 rd year onwards

100/- 400/-

IV . Surface rent and Water charges: As fixed by the Govt., from time to time.

6. The grantee should pay a deposit Rs.10,000/- as prescribed under Rule 32 of the Mineral Concession Rules, 1960 before the lease is actually executed.

7. The grantee should execute the lease deed within the time limit specified inRule 31 of Mineral Concession Rules, 1960.

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8. The terms and conditions referred to in para-4 of this order are subject tosuch further modifications, additions and alterations as may be ordered before thelease deed is executed.

9. The Director of Mines and Geology is requested to take necessary furtheraction for execution of the lease deed after satisfying himself that the granteefulfilled all the required provisions of the Amended Act and Rules. As soon as thedeed is executed, the date of such execution should be reported to theGovernment.

Note: The grant is liable for cancellation should it be found that it wasgrossly inequitable or was made under a mistake of fact or owing tomisrepresentation or fraud or in excess of authority.

( BY ORDER AND IN THE NAME OF THE GOVERNOR OF ANDHRA PRADESH)

Y.SRILAKSHMISECRETARY TO GOVERNMENT

ToM/s. Saraswathi Power & Industries Private Limited,

Plot No.268/S/98, Sagar Society, Road No.2, Banjara Hills,

Hyderabad 34. (By RPAD)The Director of Mines & Geology, Hyderabad (w.e. file).Copy to:The Assistant Director of Mines & Geology, Dachepalli, Guntur District.The District Collector, Guntur District.The Secretary, Govt. of India, Min. of Mines, Dept. of Mines, New Delhi.The Controller General, Indian Bureau of Mines, Nagpur.The Director General, Mines Safety, Dhanbad, Bihar.The Regional Controller of Mines, Koti, Hyderabad.SF/SCs.

A copy of this order is available on the Internet and can be accessed at theaddress http://www.ap.gov.in/goir ".

// Forwarded :: By Order //

SECTION OFFICER