THEBUSINESSBYTES
BUREAU
NEW
DELHI, AUGUST 27, 2026
Vedanta Ltd has
commissioned India’s first high-tech, high-speed hydrostatic portable rig,
strengthening its exploration capabilities as the country seeks to reduce
dependence on imports of critical minerals.
Designed for
deployment in inaccessible and challenging terrains, the rig can undertake
high-speed drilling to depths of up to 1,000 metres, significantly higher than
the typical 300–400 metre range. Its portability is expected to cut down time
spent on moving equipment between exploration locations, enabling faster and
more efficient mineral discovery.
The rigs have been
deployed at two of Vedanta’s flagship exploration projects in Chhattisgarh,
covering gold as well as critical minerals including nickel, chromium and
platinum group elements (PGEs).
The company said the
deployment marks a significant step-up in its exploration infrastructure,
combining speed, safety and minimal surface intrusion to improve access to
India’s largely untapped mineral reserves.
Vedanta said it has
secured 10 critical mineral blocks, spanning gold, manganese, copper,
nickel-chromium-PGE, tungsten, graphite, vanadium, rare earth elements and
potash, with exploration already underway across five blocks. It has also been
declared the successful bidder for the Punnam Manganese Block in Andhra
Pradesh.
The move comes
against the backdrop of India’s significant unexplored mineral potential.
Government estimates cited by the company suggest that nearly 80 per cent of
the country’s mineral resources remain unexplored. Gold has applications in
medical technology and high-reliability electronics, while critical minerals
such as copper and nickel are increasingly important for AI infrastructure,
data centres, renewable energy, electric mobility, defence, semiconductors and
advanced manufacturing.
Global demand is
adding urgency to the search for new sources. The International Energy Agency
projects that demand for critical minerals used in clean-energy technologies
could nearly triple by 2030 under its Net Zero Emissions Scenario and quadruple
by 2040, reaching close to 40 million tonnes annually.
Vedanta said its technology-led exploration push is part of its broader “Vedanta 2.0” transformation strategy, which seeks to expand the group’s presence in critical minerals and strengthen value-added processing in India.
With mineral assets across India, South Africa, Namibia, Liberia and Zambia, the group said it plans to expand into new geographies, deepen value-added processing within India and develop mining partnerships aligned with global environmental, social and governance standards.