Vedanta’s A.Narrain Mines in Karnataka was awarded the 5 Star rating at the 'Second National Conclave on Mines & Minerals’ held at New Delhi yesterday. Mr. Krishna Reddy – Head Iron Ore Karnataka and Mr. Vikas Peeru-Head Technical Services received the award from Mr.Piyush Goyal, Hon'ble Minister of State for Mines, Coal, Power, New & Renewable Energy and Mr. Balvinder Kumar- Union Mines Secretary, Ministry of Mines.
Receiving the award Mr.K Reddy said, “We are most humbled and pleased to receive this award as it recognizes our best practices and sustainability measures. Vedanta is always committed to mining in a responsible manner aimed at socio economic development and welfare of the communities.”
Last year, Vedanta Limited Codli and Bicholim Mines were recipients of the prestigious award. This is a part of the Star Rating Scheme implementation of the Sustainable Development Framework (SDF) that has been formulated and finalized by the Ministry of Mines. The mines are assessed after a thorough inspection by IBM officials on various parameters that include
• The management of impact by carrying out scientific and efficient mining
• Addressing social impacts of our resettlement and rehabilitation requirements for taking up mining activities
• Local community engagements and welfare programmes
• Steps taken for progressive and final mine enclosure
• Adoption of international standards
The eligibility criteria was for all major mineral mines, which have been operational for more than 180 days in the reporting year 2015-16.
The National Conclave on Mines and Minerals is essential not only to disseminate the various developments in the mining policies and activities, but also to gather solidarity in approach for addressing the issues in the mining sector.
About Vedanta Limited (Formerly Sesa Sterlite Limited.)
Vedanta Limited is a diversified natural resources company, whose business primarily involves producing oil & gas, zinc - lead silver, copper, iron ore, aluminium and commercial power. The company has a presence across India, South Africa, Namibia, Australia and Ireland.
Vedanta Limited is the Indian subsidiary of Vedanta Resources Plc, a London-listed company. 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 the Confederation of Indian Industry (CII) ‘Sustainable Plus Platinum label’, ranking among the top 10 most sustainable companies in India. To access the Vedanta Sustainable Development Report 2016, please visit http://sd.vedantaresources.com/SustainableDevelopment2015-16/ 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
For further information, please contact:
Sangeetha R Chakravarthy
Head – Corporate Communications, Sesa Goa Iron Ore Division
Tel: +91 832 2460613
Boucette D’Souza e Misquita
Associate Manager – Communications, Sesa Goa Iron Ore Division
Tel: +91 832 2460611