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This move comes after the recent amendment to the Act on August 17, 2023, which aims to modernize and regulate the extraction of mineral resources in the country's territorial waters, continental shelf, exclusive economic zone, and other maritime zones.
The mines ministry has identified offshore blocks within India's exclusive economic zone for granting operational rights, following amendments to the Offshore Areas Mineral (Development & Regulation) Act (OAMDR) in August. The ministry has sought comments from relevant departments to prevent overlapping with other projects.
Ministry Of Mines: This move comes after the recent amendment to the Act on August 17, 2023, which aims to modernize and regulate the extraction of mineral resources in the country's territorial waters, continental shelf, exclusive economic zone, and other maritime zones.