NLC secures two strategic mineral blocks in landmark tranche V auction (UPDATED)

NLC India Limited (NLCIL), a Navratna CPSE under the Ministry of Coal, Government of India, has achieved a significant milestone by emerging as the preferred bidder for two critical and strategic mineral blocks in the recently concluded Tranche V auction conducted by the Ministry of Mines. The two blocks—Raipura and Semhardih, both located in Chhattisgarh—contain reserves of Phosphorite and Limestone, essential minerals in India’s fertilizer and industrial sectors. It is worthy to note that, with production of phosphorite from these mines, the huge dependence on import can be reduced and can greatly contribute for the sustainability and growth of agriculture sector in the country.

This success underscores NLCIL’s strategic commitment to diversifying its resource base and contributing to the national vision of Atmanirbhar Bharat (Self-Reliant India) in the critical minerals sector. With this achievement, NLCIL is poised to play a vital role in reducing India’s dependency on imports and in strengthening the country’s industrial and agricultural infrastructure.

The Raipura Block was won with a final price offer of 8.60%, while the Semhardih Block was secured with a final offer of 11.05%. These acquisitions are aligned with NLCIL’s long-term strategy to expand its presence in the mining of critical minerals, which are increasingly vital for clean energy technologies, fertilizers, electronics, and industrial processes.

On this landmark occasion, Prasanna Kumar Motupalli, CMD of NLC India Limited, stated:

“The acquisition of these critical mineral blocks is a proud moment for NLCIL and a significant step in supporting the Government’s vision of ensuring a resilient and sustainable mineral ecosystem. Phosphorite is crucial for food security and the fertilizer industry, and securing these resources strengthens our country’s journey towards self-reliance. As we progress towards a sustainable and decarbonized future, critical minerals will be the building blocks of new-age technologies, green energy solutions, and national prosperity.”

These new mineral assets complement NLCIL’s portfolio, which includes thermal power, lignite mining, renewable energy, and upcoming green hydrogen projects, solidifying its role as a key contributor in India’s energy transition and resource security framework, in line with the Vision of Prime Minister Narendra Modi ji and strategic guidance of  Minister of Coal & Mines G Kishan Reddy ji. With the Ministry of Mines’ active support through policy reforms and the launch of the National Critical Mineral Mission, India is paving the way for long-term sustainability and industrial self-sufficiency. NLCIL stands proud to be a leading stakeholder in this national transformation.

 

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