State Targets 32 Per Cent Growth In Mining Sector
COAL & MINING

State Targets 32 Per Cent Growth In Mining Sector

The launch of the Jonnagiri gold mining project marked a significant milestone for Andhra Pradesh, the Minister for Mines, Kollu Ravindra, said at the inaugural ceremony near Tuggali. He attributed the mega venture to the Chief Minister, N. Chandrababu Naidu, whose vision and initiative were said to have enabled the project. The site is operated by Geomysore Services (India) Private Limited and is expected to be one of the state's major mineral endeavours. State officials noted prior geological surveys and partnerships with technical institutions during project planning.

The state government has set a target of 32 per cent growth in the mining sector, and the ministry is accelerating exploration for gold, beach sand minerals, iron ore and manganese. Officials indicated that gold deposits have been identified in Anantapur and Chittoor districts, and the exploration push will extend to additional tracts. Policy support and clearances are being prioritised to move projects from discovery to production.

Ravindra outlined plans to streamline approvals and enhance infrastructure to attract investment and scale operations, while emphasising environmental safeguards and community engagement. The ministry plans to work with firms to ensure sustainable extraction practices and benefit sharing with local communities. Engagement with gram sabhas and local representatives is planned to address land and rehabilitation concerns. Investment proposals are being reviewed with attention to logistics, processing capacity and market access.

Analysts expect the project to create employment and add to the state's resource base, with downstream benefits for related industries and services. The ministry will monitor progress at the Jonnagiri site and other identified deposits and adjust timelines as exploration results become available. Monitoring mechanisms and periodic audits will be instituted to ensure compliance with statutory norms and social obligations. Officials stressed that the growth target will depend on timely clearances and the pace of private sector participation.

"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."

The launch of the Jonnagiri gold mining project marked a significant milestone for Andhra Pradesh, the Minister for Mines, Kollu Ravindra, said at the inaugural ceremony near Tuggali. He attributed the mega venture to the Chief Minister, N. Chandrababu Naidu, whose vision and initiative were said to have enabled the project. The site is operated by Geomysore Services (India) Private Limited and is expected to be one of the state's major mineral endeavours. State officials noted prior geological surveys and partnerships with technical institutions during project planning. The state government has set a target of 32 per cent growth in the mining sector, and the ministry is accelerating exploration for gold, beach sand minerals, iron ore and manganese. Officials indicated that gold deposits have been identified in Anantapur and Chittoor districts, and the exploration push will extend to additional tracts. Policy support and clearances are being prioritised to move projects from discovery to production. Ravindra outlined plans to streamline approvals and enhance infrastructure to attract investment and scale operations, while emphasising environmental safeguards and community engagement. The ministry plans to work with firms to ensure sustainable extraction practices and benefit sharing with local communities. Engagement with gram sabhas and local representatives is planned to address land and rehabilitation concerns. Investment proposals are being reviewed with attention to logistics, processing capacity and market access. Analysts expect the project to create employment and add to the state's resource base, with downstream benefits for related industries and services. The ministry will monitor progress at the Jonnagiri site and other identified deposits and adjust timelines as exploration results become available. Monitoring mechanisms and periodic audits will be instituted to ensure compliance with statutory norms and social obligations. Officials stressed that the growth target will depend on timely clearances and the pace of private sector participation.

Next Story
Infrastructure Transport

Third Railway Line Between Tatanagar And Adityapur Likely By September

The third railway line between Tatanagar and Adityapur is expected to be commissioned by September as work on the corridor advances, according to railway sources. The project to add a fourth line on the busy route is progressing and has been allocated Rs 50.89 billion (bn) in funding. The allocation underscores the focus on increasing capacity and easing congestion on the corridor. Relevant timetables are being adjusted to integrate the new capacity into regular operations. Construction activity has involved track laying, formation work and signalling upgrades along strategic stretches, with m..

Next Story
Infrastructure Transport

Indian Railways Approves Rs 2.7 bn Kavach Rollout in Odisha

Indian Railways has approved a Rs 2.7 billion (Rs 2.7 bn) plan to install the Kavach train collision avoidance system on 631 route kilometres in the East Coast Railway zone. The Ministry of Railways said the work will form part of a wider Kavach deployment programme that relies on an LTE based communication backbone rather than a standalone installation. The approval marks the latest stage in the steady expansion of the indigenous safety technology across the national network. The decision aims to enhance safety and reliability on corridors serving Odisha and adjoining areas. The project will ..

Next Story
Infrastructure Transport

Indian Railways Accelerates Modernisation Drive

Indian Railways utilised nearly 30 per cent of its capital expenditure budget for FY2026-27 within the first two months of the financial year, spending more than Rs 840 billion (bn) in April and May against a planned outlay of Rs 2.93 trillion (tn) for the year. The Union Budget allocated Rs 2.93 tn in total capex, comprising Rs 2.81 tn through gross budgetary support and Rs 120 bn from extra-budgetary resources. The early absorption indicates robust project execution and an aggressive infrastructure push. A significant share of the spending is being channelled towards track infrastructure, in..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement