+
Vedanta secures iron ore block in Goa through successful bid
COAL & MINING

Vedanta secures iron ore block in Goa through successful bid

Vedanta announced that it had been designated as the "preferred bidder" for an iron ore mine in Goa. The government of Goa had invited tenders to participate in an electronic auction for the granting of a mining lease for iron ore mines in the state.

The company stated that it had submitted its bid for the mining lease grant. It added, "According to the notice dated June 9, 2023, issued by the Directorate of Mines & Geology, Government of Goa, the company has been declared as the 'preferred bidder' for the electronic auction of block VII - Cudnem mineral block, based on the highest final price offer of 93.15%."

Vedanta Ltd mentioned that the lease granted by the Goa government would be contingent upon fulfilling necessary payments and meeting the other terms and conditions outlined in the tender document.

Iron ore serves as a crucial raw material in the production of steel.

Also read:
Cabinet greenlights Rs 29.80 bn for Coal and Lignite Exploration
Rs 2.57 billion order secured by GOCL Corporation from Coal India


Vedanta announced that it had been designated as the preferred bidder for an iron ore mine in Goa. The government of Goa had invited tenders to participate in an electronic auction for the granting of a mining lease for iron ore mines in the state. The company stated that it had submitted its bid for the mining lease grant. It added, According to the notice dated June 9, 2023, issued by the Directorate of Mines & Geology, Government of Goa, the company has been declared as the 'preferred bidder' for the electronic auction of block VII - Cudnem mineral block, based on the highest final price offer of 93.15%. Vedanta Ltd mentioned that the lease granted by the Goa government would be contingent upon fulfilling necessary payments and meeting the other terms and conditions outlined in the tender document. Iron ore serves as a crucial raw material in the production of steel. Also read: Cabinet greenlights Rs 29.80 bn for Coal and Lignite Exploration Rs 2.57 billion order secured by GOCL Corporation from Coal India

Next Story
Technology

Six ways a smarter workflow leads to faster, more accurate bids

In today’s fast-paced civil construction environment, estimators need more than just solid numbers. They need smart, streamlined processes. This article explores six key ways connected workflows can transform the estimated approach, help in minimising risk, move faster, and improve accuracy. By integrating tools, data, and teams, one can produce stronger bids with less rework, fewer surprises, and more confidence. As an estimator, the job goes beyond producing numbers. They are responsible for delivering bids that are fast, accurate, and built to win. In today’s civil construction ind..

Next Story
Real Estate

Experion Launches Women-Only Co-Living Project in Greater Noida

Experion, part of Singapore-based AT Capital Group, has launched its first co-living space under its managed rental housing brand, VLIV, in Greater Noida. The all-women residence features 730 twin-sharing beds with a strong focus on safety, comfort, and well-being. VLIV has committed a $300 million investment to create a structured, service-led rental housing ecosystem in India. The brand aims to scale up to 20,000 beds in the next few years, with a long-term target of 100,000 beds nationwide. “India’s rental housing is fragmented. VLIV is our way of building long-term, dependabl..

Next Story
Infrastructure Urban

Officine Maccaferri Acquires CPT to Bolster Tunnelling Tech

Ambienta’s platform company, Officine Maccaferri S.p.A., has acquired CPT Group, a leading Italian developer of robotic prefabrication systems and digital control technologies for mechanised tunnelling. The move positions Maccaferri as a global player in integrated tunnelling solutions, blending traditional and advanced mechanised systems. Based in Nova Milanese, CPT serves major global contractors across Europe, Southeast Asia, and Australia. The company offers robotic prefabrication (Robofactory), productivity-monitoring software for Tunnel Boring Machines (TBMs), and eco-designed spa..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?