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IREL May Buy Seized Beach Sand Minerals for ₹400 Cr as Per HC Order
The New Indian Express Tiruchy
|July 20, 2025
As the centre's IREL India Limited functioning in Manavalakurichi had agreed to procure the beach sand minerals seized by the Tamil Nadu government at a cost of ₹241 per tonne for raw sand and semi-processed sand; and ₹2,416 per tonne for processed minerals, TN officials have initiated the process to hand over the heavy minerals under seizure in private godowns and stockyards as per the orders of the Madras High Court dated February 17, 2025.
Besides ordering a CBI investigation into the mining scam, the HC had ordered to recover ₹5,832 crore from eight mining companies for causing revenue loss to the state exchequer and to shift the existing 1.40 crore tonnes of beach sand and processed minerals to IREL India Limited.
However, a few of the mining barons had obtained a "status quo" order from the Supreme Court, restraining officials from shifting the minerals to the IREL premises at Manavalakurichi in Kanniyakumari district.
Denne historien er fra July 20, 2025-utgaven av The New Indian Express Tiruchy.
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FLERE HISTORIER FRA The New Indian Express Tiruchy
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