The will sign a memorandum of understanding (MoU) with the Mineral Exploration Corporation Ltd (MECL) to identify new iron Ore mines in the state.
Chief minister Pramod Sawant said the MoU will be signed in his presence besides the Union minister for mines Pralhad Joshi.
Keeping in mind the delay in resumption of mining activities, Sawant had decided to form a mining corporation and identify new mineral blocks to restart the Industry.
With the signing of the MoU, mining corporation will identify new mineral blocks in the state for e-auctioning. The state government is likely to give cabinet approval for forming of the new Goa mining corporation and the bill will be tabled in the upcoming monsoon session.