Vedanta has been declared the preferred bidder for the Punnam manganese block in Andhra Pradesh through a government-conducted auction.

The block spans 152 hectares and is currently at the G4 level of exploration, which is the preliminary reconnaissance stage aimed at identifying mineral potential in broad areas. The grant of a composite license—which includes both a prospecting licence and a mining lease, will depend on Vedanta fulfilling statutory requirements such as providing a performance bank guarantee, obtaining necessary clearances, and executing agreements with the state government.

The Punnam block acquisition marks a strategic step for Vedanta as it strengthens its portfolio in critical minerals. The company, a global player in energy, minerals, and transition metals, continues to expand its footprint across India and internationally, including South Africa, UAE, and Japan. This move also aligns with India’s broader push for self-reliance in mineral resources critical to green and tech-based industries.