Vedanta Wins Manganese Block in Andhra Pradesh
COAL & MINING

Vedanta Wins Manganese Block in Andhra Pradesh

Vedanta has secured the Punnam manganese block in Andhra Pradesh through a government auction, strengthening its presence in India’s mineral sector.

The block spans 152 hectares and is currently at the G4 exploration level, the earliest stage of reconnaissance where broad areas are surveyed for mineral potential. The Department of Mines & Geology declared Vedanta the preferred bidder.

According to the company’s filing with BSE, the composite licence—covering both prospecting and mining—will be granted after Vedanta fulfils conditions including a performance bank guarantee, statutory approvals and agreements with the state government.

A composite licence allows the concessionaire to explore and, if commercially viable, mine the deposit within the allotted area. This win bolsters Vedanta’s resource base as India pushes for higher domestic mineral production and reduced import reliance.

Vedanta has secured the Punnam manganese block in Andhra Pradesh through a government auction, strengthening its presence in India’s mineral sector.The block spans 152 hectares and is currently at the G4 exploration level, the earliest stage of reconnaissance where broad areas are surveyed for mineral potential. The Department of Mines & Geology declared Vedanta the preferred bidder.According to the company’s filing with BSE, the composite licence—covering both prospecting and mining—will be granted after Vedanta fulfils conditions including a performance bank guarantee, statutory approvals and agreements with the state government.A composite licence allows the concessionaire to explore and, if commercially viable, mine the deposit within the allotted area. This win bolsters Vedanta’s resource base as India pushes for higher domestic mineral production and reduced import reliance.

Next Story
Real Estate

CREDAI-MCHI to Host 10th Design & Construction Conference

CREDAI-MCHI will host the 10th anniversary edition of its Design & Construction Conference on August 19, 2026, at the Jio World Convention Centre in Mumbai.The event is expected to bring together more than 500 procurement leaders, construction heads, architects, consultants and senior real estate decision-makers, alongside over 50 construction and ancillary brands.The conference will feature product launches, technology showcases, knowledge sessions, strategic business-to-business networking and recognition of procurement professionals contributing to the transformation of the construction..

Next Story
Infrastructure Energy

BorgWarner Wins Extension for High-Voltage Inverter Programmes

BorgWarner has secured a major extension of several high-volume high-voltage inverter programmes from a leading European automotive manufacturer.The contracts cover updated inverter designs for plug-in hybrid and 800V battery-electric vehicle applications. Production is scheduled to begin in 2029.Isabelle McKenzie, President and General Manager, BorgWarner PowerDrive Systems, said the programme extensions demonstrate the company’s position in power electronics and reflect the strength of its technology, in-house expertise and customer relationships.For plug-in hybrid vehicles, BorgWarner wil..

Next Story
Infrastructure Urban

Castrol India Q2 Profit Rises 43% to Rs 3.48 bn

Castrol India reported a 43 per cent year-on-year increase in profit after tax to Rs 3.48 billion for the quarter ended June 30, 2026, supported by growth across its consumer, industrial and institutional businesses.Revenue from operations increased 25 per cent to Rs 18.71 billion during the second quarter of 2026, compared with Rs 14.97 billion in the corresponding period of 2025. EBITDA rose 41 per cent to Rs 4.94 billion from Rs 3.50 billion.Sequentially, revenue increased from Rs 15.45 billion in the first quarter of 2026, while EBITDA rose from Rs 3.29 billion. Profit after tax increased ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement