Vedanta Triumphs in Competitive Odisha Mine Bidding

Vedanta Ltd has been declared the Preferred Bidder for the Karnapodikonda bauxite block in Odisha, following a competitive live e-auction conducted by the Directorate of Mines and Geology, Government of Odisha. The auction was held pursuant to the Notice Inviting Tender dated December 4, 2025.

The company successfully qualified at the initial technical stage and subsequently participated in the online bidding process. Vedanta received the official Declaration of Preferred Bidder notification on February 27, 2026, at 4:20 pm IST.

Spread across 532.747 hectares, the Karnapodikonda bauxite block is classified at the G2 level of exploration. The acquisition is expected to strengthen Vedanta’s raw material security and support strategic backward integration within its aluminium operations, further enhancing supply chain stability for its core business.

News by Rahul Yelligetti.