MUMBAI, India, May 21, 2019 /PRNewswire/ -- 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. These Copper
blocks namely Thanewasna and Dubarpeth have 768.62 ha and 816.29 ha
area respectively in Chandrapur district, Maharashtra. The Company
participated in the forward e-auction and after being technically
qualified has been declared as the Preferred Bidder for these two
Blocks.
The block requires extensive exploration and the process will
commence in due course.
About Vedanta Limited
Vedanta Limited, a subsidiary of Vedanta Resources Limited, is
one of the world's leading diversified natural resource companies
with business operations in India,
South Africa, Namibia and Australia. Vedanta is a leading producer of
Oil & Gas, Zinc, Lead, Silver, Copper, Iron Ore, Aluminium,
Steel and Commercial Power.
Governance and Sustainable Development are at the core of
Vedanta's strategy, with a strong focus on health, safety and
environment and on enhancing the lives of local communities. The
company is conferred with CSR Leadership Award for Sports
Development (Vedanta Sports) & Best CSR Initiatives Award for
Project Nand Ghar by ET Now.
Vedanta Limited is listed on the Bombay Stock Exchange and the
National Stock Exchange in India
and has ADRs listed on the New York Stock Exchange.
For more information please visit www.vedantalimited.com
Vedanta Limited
Vedanta, 75, Nehru Road,
Vile Parle (East), Mumbai - 400
099
www.vedantalimited.com
Registered Office:
Regd. Office: 1st Floor, 'C' wing,
Unit 103,
Corporate Avenue, Atul Projects,
Chakala, Andheri (East),
Mumbai – 400 093
CIN: L13209MH1965PLC291394
Disclaimer
This press release contains "forward-looking statements" – that
is, statements related to future, not past, events. In this
context, forward-looking statements often address our expected
future business and financial performance, and often contain words
such as "expects," "anticipates," "intends," "plans," "believes,"
"seeks," "should" or "will." Forward–looking statements by their
nature address matters that are, to different degrees, uncertain.
For us, uncertainties arise from the behaviour of financial and
metals markets including the London Metal Exchange, fluctuations in
interest and or exchange rates and metal prices; from future
integration of acquired businesses; and from numerous other matters
of national, regional and global scale, including those of a
political, economic, business, competitive or regulatory nature.
These uncertainties may cause our actual future results to be
materially different that those expressed in our forward-looking
statements. We do not undertake to update our forward-looking
statements.
For further information, please contact:
Communications
Arun
Arora
Head, Corporate Communications
Tel: +91-124-459-3000
gc@vedanta.co.in
Investor Relations
Rashmi
Mohanty
Director – Investor Relations
Tel: +91-22-6646-1531
vedantaltd.ir@vedanta.co.in
Sneha Tulsyan
Associate Manager – Investor Relations
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SOURCE Vedanta Limited