Vedanta has been declared the ‘Preferred Bidder’ for the Punnam Manganese Block in Andhra Pradesh following an e-auction conducted by the Department of Mines & Geology. The announcement, dated September 18, 2025, confirms Vedanta’s success in securing the block. The Punnam Manganese Block has a total area of 152 hectares and is at the G4 level of exploration.
Manganese Block Acquisition
Vedanta announced that it has been declared the ‘Preferred Bidder’ for the Punnam Manganese Block, located in Andhra Pradesh. This announcement follows the company’s participation in an e-auction conducted by the Department of Mines & Geology.
Key Details of the Block
The ‘Declaration of Preferred Bidder’ notification was issued on September 18, 2025, officially confirming Vedanta’s status. The Punnam Manganese Block spans a total area of 152 hectares. As per the tender document, the block is classified as G4 level of exploration.
Next Steps
The grant of the Composite License for the mine is subject to certain conditions. These include making the necessary payments for a Performance Bank Guarantee and fulfilling the terms outlined in the Tender Document. It also requires obtaining the required approvals, permissions, and clearances from relevant government departments, as well as executing the necessary agreements.
Source: BSE
