New Delhi, May 28 -- : NLC India Limited (NLCIL), a Navratna CPSE under the Ministry of Coal, Government of India, has achieved a significant milestone by emerging as the preferred bidder for two critical and strategic mineral blocks in the recently concluded Tranche V auction conducted by the Ministry of Mines.

The two blocks-Raipura and Semhardih, both located in Chhattisgarh-contain reserves of Phosphorite and Limestone, essential minerals in India's fertilizer and industrial sectors. It is worthy to note that, with production of phosphorite from these mines, the huge dependence on import can be reduced and can greatly contribute for the sustainability and growth of agriculture sector in the country.

This success underscores NLCIL's...