Maharashtra to Auction 40 Mine Blocks by March 19

23 Jan 2025 CW Team

Maharashtra is set to auction 40 mine blocks, primarily in Vidarbha, by March 19. The auction process, previously delayed due to the state election code of conduct, is now being expedited.

During a review meeting at the divisional commissioner's office in Nagpur, Chief Secretary Sujata Saunik, along with Additional Chief Secretary (ACS) for Mining Iqbal Singh Chahal, emphasised the need to accelerate the process. Divisional Commissioner Vijayalakshmi Bidri confirmed that instructions were issued to fast-track stalled procedures, particularly those requiring government clearance for three iron ore mining blocks in Gadchiroli.

The performance of the Maharashtra State Mining Corporation (MSMC) was also reviewed, with discussions on enhancing its development in alignment with similar corporations in other states. Saunik stressed adhering to strict timelines to unlock the full potential of the mining sector, which is concentrated in Vidarbha, particularly in the Nagpur division.

The meeting also addressed integrating mining with district-specific development plans. Districts were directed to identify unique strengths in agriculture, tourism, industry, and natural resources to craft targeted strategies. Nagpur’s proposed one-year development plan, presented by Collector Vipin Itankar, includes initiatives in agriculture, fisheries, skill development, industrial growth, solar energy projects, and establishing medical hubs.

Saunik highlighted the need to leverage Nagpur’s strong infrastructure, including the international airport and MIHAN, to attract industries. She also suggested partnerships with educational institutions to develop skilled manpower for emerging industries. Additionally, Nagpur’s rise as a tourism and medical hub was emphasised, with calls to enhance cleanliness, beautification, and visitor facilities at tourist spots, monuments, and metro stations.

(ET)

Maharashtra is set to auction 40 mine blocks, primarily in Vidarbha, by March 19. The auction process, previously delayed due to the state election code of conduct, is now being expedited. During a review meeting at the divisional commissioner's office in Nagpur, Chief Secretary Sujata Saunik, along with Additional Chief Secretary (ACS) for Mining Iqbal Singh Chahal, emphasised the need to accelerate the process. Divisional Commissioner Vijayalakshmi Bidri confirmed that instructions were issued to fast-track stalled procedures, particularly those requiring government clearance for three iron ore mining blocks in Gadchiroli. The performance of the Maharashtra State Mining Corporation (MSMC) was also reviewed, with discussions on enhancing its development in alignment with similar corporations in other states. Saunik stressed adhering to strict timelines to unlock the full potential of the mining sector, which is concentrated in Vidarbha, particularly in the Nagpur division. The meeting also addressed integrating mining with district-specific development plans. Districts were directed to identify unique strengths in agriculture, tourism, industry, and natural resources to craft targeted strategies. Nagpur’s proposed one-year development plan, presented by Collector Vipin Itankar, includes initiatives in agriculture, fisheries, skill development, industrial growth, solar energy projects, and establishing medical hubs. Saunik highlighted the need to leverage Nagpur’s strong infrastructure, including the international airport and MIHAN, to attract industries. She also suggested partnerships with educational institutions to develop skilled manpower for emerging industries. Additionally, Nagpur’s rise as a tourism and medical hub was emphasised, with calls to enhance cleanliness, beautification, and visitor facilities at tourist spots, monuments, and metro stations. (ET)

Real Estate

14 May 2026

AIDO Launches Smart Hotel Lock for Hospitality Spaces

AIDO, an endorsed brand of dormakaba, has launched the AIDO Hotel Lock, designed to improve secure and seamless access management across hotels, serviced residences and institutional spaces. The solution combines smart security, operational efficiency and contemporary design to support modern hospitality requirements.The lock features integrated electronic mortise functionality, reverse lifting handle locking and compatibility with third-party property management system platforms, enabling smoother room access and check-in operations. Powered by 6V DC with four AA alkaline batteries, it offers..

Real Estate

14 May 2026

Häfele Unveils Zenith Digital Lock

Häfele has introduced the Zenith Digital Lock, designed to enhance home security through smart technologies and versatile locking functions. Finished in Black and Grey, the lock blends with modern interiors while offering a refined, tech-enabled access experience.The lock features Smart Password technology for secure access and added protection against password tracing. Its Smart Voice function provides guided assistance for easy operation, while Smart Freeze temporarily disables access after multiple incorrect attempts, strengthening safety and control.The Zenith Digital Lock also offers mul..

Infrastructure Urban

14 May 2026

KBL Revenue Rises 11 Per Cent in Q4 FY26

Kirloskar Brothers Limited reported consolidated revenue from operations of Rs 14.15 billion for Q4 FY26, compared to Rs 12.81 billion in Q4 FY25, registering around 11 per cent year-on-year growth. Consolidated Profit Before Tax stood at Rs 1.47 billion, against Rs 1.27 billion in the corresponding quarter last year. Profit After Tax stood at Rs 1.04 billion, compared to Rs 1.12 billion in Q4 FY25.For FY26, consolidated revenue from operations stood at Rs 45.38 billion, compared to Rs 44.92 billion in FY25. Consolidated Profit After Tax for the year was Rs 3.61 billion, against Rs 4.03 billio..