Signing of Memorandum of Understanding between the Government of Assam and Mineral Exploration Corporation Limited (MECL) for exploration of minerals other than coal and lignite in the districts of Nagaon, Karbi Anglong and Goalpara.

A Signing in event of MoU between the Government of Assam, Mines and Minerals Department and Mineral Exploration Corporation Limited (MECL) was held on December 8, 2021 in presence of Dr. Krishna Kumar Dwivedi, IAS, Principal Secretary to the Govt. of Assam, Mines and Minerals Department in his Office Chamber for exploration of minerals other than coal and lignite in the districts of Nagaon, Karbi Anglong and Goalpara.

The MoU was signed by Sri Ananda Kumar Das, ACS, Director, Directorate of Geology and Mining, Assam on behalf of the State Government and by Dr. Ranjit Rath, Chairman cum Managing Director, MECL. Under this agreement MECL will carry out exploration of Iron Ore, Sillimanite, Rare Earth Elements (REE) etc. in those districts for next five years. Iron Ore is abundant in Goalpara, Dhubri and Karbi Anglong districts of Assam.

Dr. Krishna Kumar Dwivedi, IAS congratulated MECL and assured wholesome cooperation from the Government. He expressed that the exploration of these prospective mineral resources will help the State Government to generate huge amount of revenue in terms of royalty within next few years. It will also help the State in rapid and sustainable overall development in industrial establishment, employment generation and entrepreneurship development. He said that Assam has abundant mineral resources which may be valued up to one Lakh Crore rupees as per preliminary assessment. He also expressed confidence that this event may be a turning point for the economic growth of the State and urged upon MECL for rapid exploration activity to unearth the mineral deposit.