Vedanta Limited: Declared Successful Bidder for Punnam Manganese Block

Vedanta Limited has been declared the Successful Bidder for the Punnam Manganese Block in Andhra Pradesh. This acquisition, following statutory compliances, pertains to a 152-hectare block at the G4 exploration stage. The move is expected to bolster Vedanta’s diversified metals and mining portfolio and contribute to India’s growing manganese requirements by increasing domestic resource availability and reducing import dependence.

Vedanta Secures Punnam Manganese Block

Vedanta Limited has officially been declared the Successful Bidder for the Punnam Manganese Block, located in the State of Andhra Pradesh. This announcement follows the company’s successful fulfillment of required statutory compliances related to the e-auction conducted by the Department of Mines & Geology, Government of Andhra Pradesh.

Strategic Acquisition Details

The Punnam Manganese Block spans an area of 152 hectares and is currently at the G4 stage of exploration. The company received formal notification of its successful bid via a letter dated August 13, 2026. This acquisition is strategically significant as it will further strengthen Vedanta’s diversified metals and mining portfolio.

Contribution to Domestic Resources

The company anticipates that the acquisition of this manganese block will play a crucial role in contributing to India’s growing manganese requirements. By enhancing domestic resource availability, Vedanta aims to reduce the country’s dependence on imports, thereby supporting national self-sufficiency in critical mineral resources.

Source: BSE

Previous Article

Deccan Health Care: Reports ₹24.63 Lakhs Profit for Q1 FY27