Vedanta has been declared as the preferred bidder for two copper mines in Maharashtra. The copper blocks, namely Thanewasna and Dubarpeth, are in Chandrapur district of Maharashtra.
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. The company participated in the forward e-auction and after being technically qualified has been declared as the preferred bidder for these two blocks.
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.