Vedanta Named Preferred Bidder for Odisha Bauxite Block
COAL & MINING

Vedanta Named Preferred Bidder for Odisha Bauxite Block

Vedanta Limited has been declared the preferred bidder for the Karnapodikonda bauxite block in Koraput district, Odisha, following a competitive e-auction conducted by the Directorate of Mines and Geology, Government of Odisha.

According to the tender document, the block is categorised under the G2 level of exploration and covers an area of 532.747 hectares. The acquisition is expected to strengthen Vedanta’s raw material security and support strategic backward integration for its aluminium operations.

Rajiv Kumar, CEO, Vedanta Aluminium, said the development reinforces the company’s vision of building a fully integrated aluminium value chain in India. He added that securing the bauxite block supports the company’s expansion roadmap while contributing to industrial growth, local value creation and greater self-reliance in critical minerals.

Vedanta Aluminium, India’s largest aluminium producer, continues to focus on securing long-term bauxite resources to sustain production amid rising market demand and evolving industry dynamics, particularly as Vedanta Limited prepares for its upcoming demerger.

Vedanta Limited has been declared the preferred bidder for the Karnapodikonda bauxite block in Koraput district, Odisha, following a competitive e-auction conducted by the Directorate of Mines and Geology, Government of Odisha. According to the tender document, the block is categorised under the G2 level of exploration and covers an area of 532.747 hectares. The acquisition is expected to strengthen Vedanta’s raw material security and support strategic backward integration for its aluminium operations. Rajiv Kumar, CEO, Vedanta Aluminium, said the development reinforces the company’s vision of building a fully integrated aluminium value chain in India. He added that securing the bauxite block supports the company’s expansion roadmap while contributing to industrial growth, local value creation and greater self-reliance in critical minerals. Vedanta Aluminium, India’s largest aluminium producer, continues to focus on securing long-term bauxite resources to sustain production amid rising market demand and evolving industry dynamics, particularly as Vedanta Limited prepares for its upcoming demerger.

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