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Vedanta declared as preferred bidder for Punnam Manganese block

19 Sep 2025 Evaluate

Vedanta has been declared as the preferred bidder for the Punnam Manganese block by the Government of Andhra Pradesh. The Punnam Manganese Block is at G4 level of exploration with total area of 152 hectares for the block. 

The Department of Mines & Geology, Government of Andhra Pradesh vide its ‘Notice Inviting Tender' dated July 10, 2025, had invited tenders to participate in the auction process for grant of Composite License in respect of Punnam Manganese Block in the State of Andhra Pradesh. Post qualifying at the initial bid stage, the Company participated in the live E-auction for grant of the stated Composite License. 

Vedanta is a diversified natural resources company, whose business primarily involves producing oil and gas, zinc- lead-silver, copper, iron ore, aluminium and commercial power.

Vedanta Share Price

770.65 -16.95 (-2.15%)
20-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Hindalco 1015.10
Vedanta 770.65
Hindustan Zinc 589.95
Jain Resource Recycl 418.95
Gravita India 1649.35
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