Vedanta Limited has been declared the “preferred bidder” for the Karnapodikonda bauxite block in Koraput, Odisha. This follows a competitive e-auction conducted by the Directorate of Mines and Geology, Government of Odisha.
A company statement said that, according to the tender document, the block is at the G2 level of exploration and spans 532.747 hectares. The asset strengthens Vedanta’s raw material security and supports strategic backward integration for its aluminium business.
Supporting expansion
Rajiv Kumar, CEO, Vedanta Aluminium, said, “This development directly supports our expansion roadmap and reinforces Vedanta Aluminium’s commitment to driving industrial growth, local value creation, and self-reliance in critical minerals.”
Vedanta Aluminium, India’s leading aluminium producer, is focused on securing long‑term bauxite resources to sustain production amid rising demand and a robust market outlook, especially in the context of the upcoming demerger of Vedanta Limited, the statement said.