The Ministry of Mines organized a landmark roadshow today at The Renai, Kochi, on the maiden e-auction of offshore mineral blocks, showcasing IndiaтАЩs commitment to unlocking the vast resource potential in the Exclusive Economic Zone (EEZ). The event witnessed an enthusiastic response from industry leaders, policymakers, and stakeholders, government representatives marking a significant step toward fostering sustainable offshore mining.
In his welcome address, Shri Vivek Kr. Bajpai, administering authority and Joint Secretary, Ministry of Mines, highlighted the transformative vision of the government in launching IndiaтАЩs first offshore mineral blocks auction. He emphasized the immense potential of resources such as construction sand, lime-mud, and polymetallic nodules in driving the nationтАЩs self-reliance in critical minerals.
Shri V.L. Kantha Rao, Secretary, Ministry of Mines, expressed optimism about IndiaтАЩs ambitious strides in offshore mining, stating, India is on the path to becoming a global leader in offshore mineral exploration. With abundant resources in our Exclusive Economic Zone, this initiative will not only cater to the growing domestic demand but also position India as a significant player in the international mining landscape.
He emphasized that the transparent and competitive auction process will attract investments, foster innovation, and provide sustainable solutions to bolster economic growth while supporting critical industries like construction and infrastructure.
Shri A.P.M. Mohammed Hanish, Principal Secretary, Industries Department, Government of Kerala, delivered a key address underlining KeralaтАЩs strategic importance in the offshore mining sector. He showcased the stateтАЩs vast deposits of construction sand and reaffirmed KeralaтАЩs commitment to promoting investor-friendly and sustainable mining practices.
Key presentations included:
- SBICAPS: Detailed insights into the e-auction process, including timelines, registration steps, and participation requirements.
- GSI (Geological Survey of India): Comprehensive technical findings on the identified blocks, highlighting the immense potential of construction sand deposits off KeralaтАЩs coast.
- MSTC: A demonstration of the advanced e-auction platform, ensuring a seamless and transparent bidding experience.
The event also served as a platform for fruitful discussions among stakeholders from the mining, construction, and infrastructure sectors. Participants expressed keen interest in the identified blocks, particularly the three offshore blocks in Kerala, which hold immense promise for the stateтАЩs construction and infrastructure industries.
