India Concludes Tranche V Auction of 10 Critical Mineral Blocks

28 May 2025 CW Team

This tranche marks a major milestone, as the Government of India has successfully auctioned a potash block for the first time, a strategic step aimed at reducing the nation's reliance on imported fertilisers and bolstering domestic supply for the agriculture sector. It also represents the first-ever successful auction of a critical mineral block in Rajasthan.

The 10 awarded blocks are located across Chhattisgarh, Karnataka, Madhya Pradesh, Odisha, Rajasthan, and Uttar Pradesh, and include:

1. Graphite blocks in Chhattisgarh, Odisha, and Karnataka

2. Phosphorite and phosphate blocks in Madhya Pradesh and Chhattisgarh

3. Potash and halite blocks in Rajasthan

4. REE block in Uttar Pradesh

With this round, the total number of successfully auctioned critical mineral blocks has risen to 34 out of 55 across five tranches.

The Ministry of Mines emphasises that regular auctions are a central part of its strategy to achieve self-reliance in critical minerals, vital to India’s energy transition and industrial growth. The ministry has also launched the National Critical Mineral Mission to build a robust ecosystem for exploration, mining, and processing of critical minerals.

The government acknowledged the active participation of industry stakeholders, whose engagement is instrumental in realising India’s ambition for a resilient and secure critical mineral supply chain.

The fifth tranche of critical and strategic mineral block auctions, launched on 28 January 2025, has concluded successfully with 10 out of 15 blocks awarded to preferred bidders. These blocks cover essential minerals including graphite, phosphorite, phosphate, rare earth elements (REE), vanadium, and — for the first time — potash and halite.This tranche marks a major milestone, as the Government of India has successfully auctioned a potash block for the first time, a strategic step aimed at reducing the nation's reliance on imported fertilisers and bolstering domestic supply for the agriculture sector. It also represents the first-ever successful auction of a critical mineral block in Rajasthan.The 10 awarded blocks are located across Chhattisgarh, Karnataka, Madhya Pradesh, Odisha, Rajasthan, and Uttar Pradesh, and include:1. Graphite blocks in Chhattisgarh, Odisha, and Karnataka2. Phosphorite and phosphate blocks in Madhya Pradesh and Chhattisgarh3. Potash and halite blocks in Rajasthan4. REE block in Uttar PradeshWith this round, the total number of successfully auctioned critical mineral blocks has risen to 34 out of 55 across five tranches.The Ministry of Mines emphasises that regular auctions are a central part of its strategy to achieve self-reliance in critical minerals, vital to India’s energy transition and industrial growth. The ministry has also launched the National Critical Mineral Mission to build a robust ecosystem for exploration, mining, and processing of critical minerals.The government acknowledged the active participation of industry stakeholders, whose engagement is instrumental in realising India’s ambition for a resilient and secure critical mineral supply chain.

Building Material

12 Sep 2025

Trishakti Industries Secures Major Tata Steel Order

Trishakti Industries Limited has secured a significant order from Tata Steel Ltd for the deployment of advanced machinery and skilled manpower at one of the steel major’s flagship project sites.The contract, awarded domestically, involves the hiring of machines along with manpower, with execution set to be completed by 20th September 2025. The initial contract period is 12 months. The total fresh capital expenditure for the project is approximately Rs 1.5 million, while the overall contract value is expected to exceed Rs 5 million inclusive of taxes.This order marks a reinforcement of top-ti..

Real Estate

12 Sep 2025

Kalpataru Projects Secures Rs 27.2 Billion in New Orders

Kalpataru Projects International Limited (KPIL), a leading EPC player in the power transmission and distribution (T&D) and civil infrastructure sector, along with its international subsidiaries, has received new orders and notifications for projects worth approximately Rs 27.2 billion.The projects include:Power Transmission & Distribution (T&D) initiatives in India and overseas.Buildings and Factories (B&F) projects in India.Manish Mohnot, MD & CEO of KPIL, said, “We are delighted with the strong ordering momentum in our T&D and B&F businesses. The orders include ..

Infrastructure Energy

12 Sep 2025

ACME Solar Secures Rs 38.92 Billion Financing for Barmer Project

ACME Solar Holdings rose 2.05 per cent to Rs 308.50 after its wholly owned subsidiary, ACME Venus Urja, secured long-term project financing of Rs 38.92 billion from the State Bank of India (SBI).The funds will be utilised for the development and construction of a 400 MW Firm and Dispatchable Renewable Energy (FDRE) project in Barmer, Rajasthan. The loan repayment is structured over 19 years.The Barmer-based FDRE project is contracted with NHPC at a tariff of Rs 4.64 per unit. It will integrate solar power generation with a Battery Energy Storage System (BESS) to ensure higher reliability and d..