NMDC Mines Earn 5-Star Rating for Sustainable Practices

14 Jul 2025 CW Team

NMDC, India’s largest iron ore producer, has received the prestigious 5-Star Rating for four of its mines for the financial year 2023–24. The awarded mines include three located in the Bailadila region of Chhattisgarh—Deposits 14, 14 NMZ, and 5—and one in Kumaraswamy, Ballari district, Karnataka.

The recognition was presented by Union Minister of Coal and Mines G. Kishan Reddy in the presence of Rajasthan Chief Minister Bhajan Lal Sharma, during a felicitation ceremony jointly organised by the Ministry of Mines and the Indian Bureau of Mines (IBM). Out of 1,200 operational mines in India, only 95 were conferred with the 5-Star Rating this year.

Representing NMDC at the ceremony were Shri M. Jayapal Reddy (Executive Director - RP), Shri Rabindra Narayan (Executive Director - Bacheli Complex), and Shri S. K. Kochar (GM - Kirandul Complex).

CMD Shri Amitava Mukherjee commented, “This honour affirms NMDC’s ongoing dedication to sustainability, innovation, and responsible mining. To be among only 95 awarded mines from over 1,200 is a proud moment reflecting our ESG leadership.”

The 5-Star Rating recognises excellence in mineral conservation, environmental management, scientific mining, and social responsibility. NMDC’s consistent accolades under this programme highlight its role in supporting India’s infrastructure and industrial goals, while adhering to global standards of environmental and social governance.

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..