Singareni to Venture into Lithium and Graphite Mining: Dep- CM Bhatti
COAL & MINING

Singareni to Venture into Lithium and Graphite Mining: Dep- CM Bhatti

Deputy Chief Minister Bhatti Vikramarka announced that the Telangana government plans to expand the operations of Singareni Collieries Company Limited (SCCL) into the mining of lithium, graphite, and other minerals in the near future. To guide this expansion, the government will soon invite global experts for advice on how to diversify SCCL’s mining activities beyond coal fields. This initiative aims to secure a brighter future for both the company and its employees. Bhatti made these remarks at an event where the government distributed Rs 100,000 to each of the 20 students who successfully cleared the UPSC mains and were selected for interviews. This financial support is part of the Rajiv Gandhi Civils Abhaya Hastham scheme. He criticised the previous BRS government for using SCCL for political gain rather than working to elevate its global standing. Under the Congress government, SCCL is being prioritised, with employee welfare being a key focus. The government has provided Rs 10 million accidental insurance to Singareni employees, recognising their vital contribution to Telangana’s growth. Bhatti further stated that the government intends to transform Singareni into a globally recognised institution by expanding into green energy projects in unused mining areas. This includes a shift towards solar energy and pumped storage initiatives, aligning with the global move away from coal. Leveraging Singareni’s century-long mining expertise, the government plans to explore lithium and graphite mining. Additionally, the state government is building integrated residential schools for Singareni employees' children in every assembly constituency, with each school costing a minimum of Rs 2 billion. (ET)

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

Deputy Chief Minister Bhatti Vikramarka announced that the Telangana government plans to expand the operations of Singareni Collieries Company Limited (SCCL) into the mining of lithium, graphite, and other minerals in the near future. To guide this expansion, the government will soon invite global experts for advice on how to diversify SCCL’s mining activities beyond coal fields. This initiative aims to secure a brighter future for both the company and its employees. Bhatti made these remarks at an event where the government distributed Rs 100,000 to each of the 20 students who successfully cleared the UPSC mains and were selected for interviews. This financial support is part of the Rajiv Gandhi Civils Abhaya Hastham scheme. He criticised the previous BRS government for using SCCL for political gain rather than working to elevate its global standing. Under the Congress government, SCCL is being prioritised, with employee welfare being a key focus. The government has provided Rs 10 million accidental insurance to Singareni employees, recognising their vital contribution to Telangana’s growth. Bhatti further stated that the government intends to transform Singareni into a globally recognised institution by expanding into green energy projects in unused mining areas. This includes a shift towards solar energy and pumped storage initiatives, aligning with the global move away from coal. Leveraging Singareni’s century-long mining expertise, the government plans to explore lithium and graphite mining. Additionally, the state government is building integrated residential schools for Singareni employees' children in every assembly constituency, with each school costing a minimum of Rs 2 billion. (ET)

Next Story
Real Estate

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

Next Story
Real Estate

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

Next Story
Infrastructure Urban

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement