The Central Government shall not grant an operating right to any person unless such person—
(a)is an Indian national, or a company as defined in section 3 of the Companies Act, 1956 (1 of 1956) ; and
(b)satisfies such conditions as may be prescribed:
Provided that no production lease for atomic minerals or prescribed substances may be granted without consultation with the Department of the Government of India dealing with the Atomic Energy.