Chennai, 28 May (H.S.) : NLC India Limited (NLCIL), a Navratna Central Public Sector Enterprise under the Ministry of Coal, Government of India, has emerged as the preferred bidder for two critical mineral blocks in the recently concluded Tranche V auction conducted by the Ministry of Mines. The two blocks, Raipura and Semhardih, located in Chhattisgarh, contain reserves of Phosphorite and Limestone, essential minerals for India's fertilizer and industrial sectors.

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 align with NLCIL's long-term strategy to expand its presence in the mining of critical minerals, vital for clean energy technologies, fertilizers, electronics, and industrial processes.

NLCIL's Chairman and Managing Director, Shri Prasanna Kumar Motupalli, stated that the acquisition of these critical mineral blocks is a significant step in supporting the Government's vision of ensuring a resilient and sustainable mineral ecosystem. He emphasized that Phosphorite is crucial for food security and the fertilizer industry, and securing these resources strengthens India's journey towards self-reliance.

These new mineral assets complement NLCIL's portfolio, which includes thermal power, lignite mining, renewable energy, and upcoming green hydrogen projects. The company is poised to play a vital role in reducing India's dependency on imports and strengthening the country's industrial and agricultural infrastructure, contributing to the national vision of Atmanirbhar Bharat (Self-Reliant India).

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Hindusthan Samachar / Dr. R. B. Chaudhary