Vedanta declared preferred bidder for bauxite block in Odisha
POWER & RENEWABLE ENERGY

Vedanta declared preferred bidder for bauxite block in Odisha

Vedanta said that it has been declared as preferred bidder for a bauxite block in Odisha. Sijimali bauxite block is located in Rayagada and Kalahandi districts of Odisha.

"Vedanta has been declared as the preferred bidder for Sijimali bauxite block... under the mineral block auction conducted by the government of Odisha," the company said in a filing to BSE.

The mine is a strategic fit for Vedanta given its size, location, and bauxite quality, the company said, adding that the block has an estimated reserves of 311 million tonnes of bauxite.

Vedanta, a subsidiary of Vedanta Resources, is a diversified global natural resources company with significant operations in oil and gas, zinc, lead, silver, copper, iron ore, steel, and aluminium and power across India, South Africa and Namibia.

Also Read
K Raheja Corp purchases rights for a 1.53 lakh sq ft FSI in Mumbai
Jaypee Infratech's net loss increased to Rs 601 crore in Q3 FY23

Vedanta said that it has been declared as preferred bidder for a bauxite block in Odisha. Sijimali bauxite block is located in Rayagada and Kalahandi districts of Odisha. Vedanta has been declared as the preferred bidder for Sijimali bauxite block... under the mineral block auction conducted by the government of Odisha, the company said in a filing to BSE. The mine is a strategic fit for Vedanta given its size, location, and bauxite quality, the company said, adding that the block has an estimated reserves of 311 million tonnes of bauxite. Vedanta, a subsidiary of Vedanta Resources, is a diversified global natural resources company with significant operations in oil and gas, zinc, lead, silver, copper, iron ore, steel, and aluminium and power across India, South Africa and Namibia. Also Read K Raheja Corp purchases rights for a 1.53 lakh sq ft FSI in Mumbai Jaypee Infratech's net loss increased to Rs 601 crore in Q3 FY23

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code