Vedanta Ltd. mentioned that the Directorate of Mines & Geology, Government of Goa, has declared the corporate as ‘preferred bidder’ in respect of public sale of Block VII – Cudnem Mineral Block based mostly on highest closing value pffer of 93.15% submitted by the corporate.
“The grant of mining lease by the Government of Goa in respect of aforesaid mine shall be subject to making of necessary payments, completion of other terms and conditions of the Tender Document, obtaining of necessary approvals ….,” the corporate mentioned in a submitting with the exchanges.
Government of Goa had on January 25, 2023, invited tenders to take part in digital public sale for grant of mining lease in respect of iron ore mines within the State of Goa.
The firm had submitted its bid in digital public sale for grant of the mining lease.
