T.N. to establish Tamil Nadu Mineral Resources Development Corporation Ltd, says Minister

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Minister for Natural Resources T.K. Prabhu announced in the Assembly that the State government would establish Tamil Nadu Mineral Resources Development Corporation Limited, a new Public Sector Undertaking (PSU), under the Companies Act 2013.

Replying to the discussion on demand for grants for the Natural Resources Department, Dr. Prabhu said the new PSU would undertake mining operations, mineral extraction, quality enhancement, import, value addition, marketing and sale of minerals.

Mr. Prabhu also announced n integrated command and control centre for mineral management will be established with modern digital infrastructure to effectively monitor and manage on a real time basis all mineral-related processes from production to end use.

A monitoring unit using unmanned aerial vehicles (UAVs) and satellite technology will be established to identify areas where illegal mining activities are taking place using high-resolution satellite imagery obtained at regular intervals.

A plant fossil park will be established in the villages of Gunduperumbedu and Vellarai lakes which are believed to be 60 crore years old. A detailed project report will be prepared for establishing mining tourism centres in abandoned mines and quarries through the Public-Private Partnership (PPP) model.

He also said the State government would formulate new policies in the mining and mineral sector.

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