Vedanta bags two Copper blocks in Maharashtra

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Biznextindia : Vedanta group has bagged two copper blocks Thanewasna and Dubarpeth located in Maharashtra’s Chandrapur district. The London headquartered mining and commodities conglomerate, which has participated in the e- auction conducted by the Maharastra government, has been declared as the preferred Bidder for the copper blocks.

“The Government of Maharashtra had invited bids for grant of two Copper Composite Licenses (Prospecting License cum Mining Leases) on February 1, 2019 through e-auction. These Copper blocks namely Thanewasna and Dubarpeth has 768.62 ha and 816.29 ha area respectively in Chandrapur district, Maharashtra. The Company participated in the forward e-auction and after being technically qualified has been declared as the Preferred Bidder for these two Blocks. The block requires extensive exploration and the process will commence in due course” Vedanta said in a market filing.

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