Hindustan Power Secures LoI for Platinum Minerals in Madhya Pradesh

27 Mar 2026 CW Team

The Padhar block spans approximately 200 square km and has been identified as a prospective zone for platinum group elements and associated zinc deposits. Platinum group elements include platinum, palladium and rhodium, which the company highlighted as important for technologies such as hydrogen fuel cells, emission control systems and electrolyzers used in green hydrogen production. Zinc was noted as useful for galvanization, battery technologies and corrosion protection for renewable energy infrastructure.

Hindustan Power said the exploration complements its ongoing resource and clean energy initiatives. The group is developing two high-grade coal mines in Chhattisgarh and Jharkhand to strengthen its conventional mining presence while accelerating a clean energy portfolio through solar and storage projects. The firm cited a recent 435 Megawatt-peak (MWp) solar project in Uttar Pradesh and multiple grid-scale solar and battery storage developments secured in 2025 as evidence of this transition.

The company indicated that the move into critical minerals aims to support supply chain security and India’s broader priorities for self-reliant manufacturing and energy leadership. Hindustan Power framed the exploration as a disciplined and responsible approach to resource development that will support both conventional power stability and rapid growth of clean energy systems. The group said it will pursue the exploration with attention to environmental and regulatory best practice while seeking to build a reliable domestic resource base.

Hindustan Power announced that a group firm has been awarded a Letter of Intent for exploration of the Padhar Platinum Group Elements (PGE) block in Madhya Pradesh, marking the group's entry into India's critical minerals sector. The company said the award followed a forward e-auction conducted by the Union Ministry of Mines in which the firm was declared the preferred bidder. The development was described as a strategic step to build domestic capacity for minerals needed in advanced industrial and energy applications. The Padhar block spans approximately 200 square km and has been identified as a prospective zone for platinum group elements and associated zinc deposits. Platinum group elements include platinum, palladium and rhodium, which the company highlighted as important for technologies such as hydrogen fuel cells, emission control systems and electrolyzers used in green hydrogen production. Zinc was noted as useful for galvanization, battery technologies and corrosion protection for renewable energy infrastructure. Hindustan Power said the exploration complements its ongoing resource and clean energy initiatives. The group is developing two high-grade coal mines in Chhattisgarh and Jharkhand to strengthen its conventional mining presence while accelerating a clean energy portfolio through solar and storage projects. The firm cited a recent 435 Megawatt-peak (MWp) solar project in Uttar Pradesh and multiple grid-scale solar and battery storage developments secured in 2025 as evidence of this transition. The company indicated that the move into critical minerals aims to support supply chain security and India’s broader priorities for self-reliant manufacturing and energy leadership. Hindustan Power framed the exploration as a disciplined and responsible approach to resource development that will support both conventional power stability and rapid growth of clean energy systems. The group said it will pursue the exploration with attention to environmental and regulatory best practice while seeking to build a reliable domestic resource base.

Infrastructure Transport

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Infrastructure Urban

01 Jun 2026

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

Infrastructure Urban

01 Jun 2026

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..