Union Minister G. Kishan Reddy Honors 68 Mines with 5-Star Ratings

08 Aug 2024 CW Team

The event, held in New Delhi, celebrated the achievements of the mining industry, which plays a crucial role in India's GDP, industrial advancement, and job creation. Among the notable awardees were Hindustan Copper, NMDC, NALCO, Tata Steel, and UltraTech, alongside several small mines.

Minister of State for Coal and Mines Satish Chandra Dubey highlighted the need to balance resource extraction with environmental conservation. "The mining sector must harmonize its activities with environmental conservation and social accountability," he said.

Secretary (Mines) V.L. Kantha Rao stressed the government's goal to boost mineral production while reducing import dependence. He called for strong monitoring systems and the use of advanced technologies like automation, artificial intelligence, and data analytics to enhance operational efficiency and safety.

The ceremony also included a traditional lamp lighting and the unveiling of two new modules ' the Final Mine Closure Plan module and the Exploration License/Composite License/Prospecting License module. A documentary on online mine regulation and sustainable mining was showcased, highlighting the sector's commitment to innovation and sustainability.

Sanjay Lohiya, Additional Secretary and Controller General of IBM, in his welcome speech, praised the transformation brought about by the Mining Tenement System and Star Rating System. The event was attended by mine functionaries and dignitaries from the Ministry of Mines, who cheered as each 5-star mine winner and their representatives received accolades.

Union Minister G. Kishan Reddy awarded 68 mines with 5-star ratings for their exceptional performance during the fiscal year 2022-23 at a ceremony hosted by the Indian Bureau of Mines (IBM) and the Ministry of Mines. Today's accolades reflect the mining community's resilience, innovation, and hard work, Reddy said, emphasizing the transformation underway in India's mining sector through strategic reforms and technological advancements. The event, held in New Delhi, celebrated the achievements of the mining industry, which plays a crucial role in India's GDP, industrial advancement, and job creation. Among the notable awardees were Hindustan Copper, NMDC, NALCO, Tata Steel, and UltraTech, alongside several small mines. Minister of State for Coal and Mines Satish Chandra Dubey highlighted the need to balance resource extraction with environmental conservation. The mining sector must harmonize its activities with environmental conservation and social accountability, he said. Secretary (Mines) V.L. Kantha Rao stressed the government's goal to boost mineral production while reducing import dependence. He called for strong monitoring systems and the use of advanced technologies like automation, artificial intelligence, and data analytics to enhance operational efficiency and safety. The ceremony also included a traditional lamp lighting and the unveiling of two new modules ' the Final Mine Closure Plan module and the Exploration License/Composite License/Prospecting License module. A documentary on online mine regulation and sustainable mining was showcased, highlighting the sector's commitment to innovation and sustainability. Sanjay Lohiya, Additional Secretary and Controller General of IBM, in his welcome speech, praised the transformation brought about by the Mining Tenement System and Star Rating System. The event was attended by mine functionaries and dignitaries from the Ministry of Mines, who cheered as each 5-star mine winner and their representatives received accolades.

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Infrastructure Energy

06 Apr 2026

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

Real Estate

06 Apr 2026

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..