Hyderabad, Mar 1 Andhra Pradesh Government today cancelled the
lease for mining quartz and feldspar minerals granted to Timex Industries over
alleged violation of rules. In 2001, the Government allotted 3 acres of land
near Mallareddypalli village
of Nalgonda district to Timex
for a period of 20 years for mining the minerals. "The Government, hereby,
declares the mining lease for quartz and feldspar in Mallareddypalli village of Nalgonda, held by M/s Timex Industries,
as lapsed," an official statement said here. The Government earlier had
issued a show-cause notice to the company as it found the mine was not working
for the last three years and the lease holder had not erected the boundary
pillars also. In reply, Timex said they were operating the mine continuously,
the details of which can be verified from the monthly returns submitted to the
Government. It requested the Government to ask the officials concerned to visit
the mine so that the points raised in the notice can be verified. However, the
Director of Mines and Geology Department, in a report, said the mine worked for
a period of four years after execution of lease deed. Subsequently, it was kept
under non-working condition for more than three years. As per the recent
inspection report and observations by the department officials, it appears the
mine again started working during 2011, the Director's report said. The company
showed the mine was working continuously even in the non-working period. This
clearly shows that the monthly returns furnished by Timex for the non-working
period are fabricated one, the statement said, quoting the report. When
contacted, the company said the project was not economically viable.
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