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Business segment performance review

Adani New Industries Limited

Natural Resources

Vision

To drive sustainable growth through innovative resource management, ensuring excellence in mining, trading, refining, and manufacturing. Create lasting value for our stakeholders by prioritising safety, environmental stewardship, and community development adhering the commitment to responsible practices and community impact guides us in building a prosperous future for all.

At Adani Natural Resources, we are shaping a resilient, forward-thinking enterprise by responsibly harnessing fuels, minerals, and metals. Through sustainable mining, cutting-edge technology, and integrated operations, we strengthen energy security, drive economic growth, and meet the dynamic needs of industries. Our efforts are also dedicated to uplifting communities and propelling India's transition towards a self-reliant, net zero future.

- DR VINAY PRAKASH, CEO

Mining Services (MDO) Business

As India’s largest private sector mine developer and operator (MDO), our company operates across multiple states, serving a diverse clientele. Our commitment to sustainability and innovation positions us as industry leaders in adopting digital and eco-friendly mining practices, significantly reducing carbon emissions and enhancing operational efficiency. We also operate in MDO services for iron ore mines, establishing mechanised mining and processing infrastructure to ensure operations at maximum rated capacity. We are currently managing Kurmitar and Taldih iron ore mines and expanding our portfolio to become India’s largest provider of comprehensive, one-stop mining services in the non-coal sector. Our expertise encompasses mine planning, development, regulatory compliance, beneficiation, and the implementation of efficient mining solutions like Dozer Push Operation and Eco-friendly Transport Solutions such as Conveyor belts.

Segment Overview
Product/Service Offerings

Mine Developer and Operator

End-to-end mining solutions, including land acquisition, approvals and clearances, exploration, mine planning and design, feasibility studies, and resource evaluation

Excellent risk management solutions

Sustainable mining solutions

State-of-the-art technological investments

One-stop mining solutions platform

Extensive supply chain network

Integrated logistics solutions

Highly experienced technical team to ensure faster development and sustainable operation of mines

11Coal blocks service contracts

2Iron ore blocks service contracts

127.1 MMTPeak capacity

63.0 MMTOperational capacity

Business Opportunities
  • Exploration / 2D Seismic
  • Mine Planning
  • Feasibility Report
  • Technical Studies and Approvals / Clearances
  • Mine Development and Operations
  • Logistics Solutions
  • Digitalisation and Mining Technology Consultancy
Business Edge
  • Dedicated long-term customers
  • Long-term MDO contracts
  • Excellent risk management practices
  • Sustainable mining practices
  • Pan-India footprint
  • State-of-the-art technological investments
  • One-stop mining solutions platform - MTCS
  • Expansion Strategy: A robust expansion plan to secure India's growing coal & iron ore demand
  • Logistics Prowess: An integrated network of ports, railways, and shipping to ensure efficient and cost-effective delivery
  • Sustainability Focus: A deep commitment to sustainability minimises environmental impact, positioning us as an industry leader
  • Community Engagement: Building strong partnerships with local communities fosters shared prosperity
Business Performance
Volume in MMT FY 2023-24 FY 2024-25 Growth
Production 32.5 47.0 44%
Despatch 30.9 43.3 40%
Sustainability Performance
Tribal Group Farming Activity at Raigarh, Tamnar

At Raigarh, Tamnar, a Tribal Group Farming initiative has been launched, promoting natural and sustainable farming techniques. Ten farmers have adopted chemical-free agriculture, replacing synthetic fertilisers and pesticides with crop rotation, composting, green manure, and biological pest control methods. This has led to improved soil health, reduced input costs, and enhanced climate resilience.

Carbon Footprint Reduction at PEKB Mine

To enhance energy efficiency and reduce carbon footprint, a power factor improvement initiative was implemented at PEKB, increasing the power factor from 0.96 to 0.99. This has resulted in a 3% reduction in kVAh power consumption, with the panel commissioned on August 17, 2024. Additionally, the installation of a 9 MW solar panel at the Parsa site is underway. Once commissioned, this initiative will enable the site to earn carbon credits, further reinforcing its commitment to sustainability and clean energy adoption.

Water Footprint Reduction at Talabira Mine

Deployment of Fog Cannons has significantly improved air quality while reducing water usage. Compared to traditional water tankers, this has led to a 30%–40% reduction in water footprint.

Dozer Push Mining at PEKB Mine

For the first time in Asia, the dozer push mining method has been successfully implemented. Semi-Autonomous Dozer Push Mining ensures improved safety, reduction in fleet size and reduced carbon footprint as compared to conventional shovel dumper method.

Carbon (CO2) Sequestration at Talabira Mine

250 mature Sal trees were successfully transplanted using a Tree Transplanter, enhancing green cover in the region for CO2 sequestration.

Sal Regeneration (Cyclic Process) at PEKB Mine

Sal regeneration is a unique process initiated for the propagation of indigenous Sal trees in the restoration area. It is considered a key process for the existence of species in the community, as it maintains the desired composition and stocking. This regeneration process includes flower collection, seed hardening, and sapling preparation, resulting in healthy Sal trees. More than 50% of the mined land has been reclaimed through Sal plants and fruit-bearing plants.

Sustainability focus at Kurmitar Mine
  • Construction of three check dams to manage surface run-off and prevent contamination of water bodies, especially during the rainy season
  • Successfully prevented 4,500 cum of run-off material from contaminating surface water
  • 329 KL of water saved by installing fixed auto water sprinklers along 1.7 KM of haul road, reducing dust emissions efficiently
  • 100% organic waste is processed through a composting machine (50 kg/day capacity), ensuring sustainable waste management
  • Established a nursery with 20,000 saplings, improving plant survival rates by protecting them from harsh climatic conditions before transplantation in the mine area

Awards and Accolades

  • Awarded Best Women Empowerment of the Year by Brand Honchos – MUBBS, Surguja
  • Recognised for the Best Use of Solar Energy Initiative at Basi Berdha, Dhirauli
  • Received EHS Best Practices Award from Global Greentech Foundation – PEKB, Surguja
  • GP-III won the Overall First Prize in Group 'E' (3MMT - 5MMT) and a total of 8 prizes, including awards for safety, innovation, and stall presentation from DGMS during Annual Safety Fortnight 2024
  • PEKB mine won the First Prize under Mega Project Category in Fortnightly Safety Celebration and a total of 9 prizes, including awards for Dust Suppression, Dump Management & Reclamation, Innovation and Best Mining Outsourcing Contractor
  • Kurmitar mine won three Safety Awards by DGMS:
    • 1st in SMP Safety and Statutory compliance
    • 1st in Lead Indicators, Emergency Preparedness, Mock drill & Accident statistics
    • 2nd in Electrical Maintenance

Outlook

As India’s largest Private Sector MDO, the Company aims to grow coal production by over 25%, reaching 60 MMTPA over next 18 months. This ambitious goal will be driven by end-to-end digitalisation of all operational mines, enhancing efficiency, sustainability, and innovation. The Company’s strategic vision is to expand its natural resources business, leveraging a diverse portfolio of energy assets. With a focus on securing a dominant position in the coal industry, we plan to diversify into profitable Coal & Iron Ore mining segments while maintaining a sustainable and aggressive expansion strategy. As India’s steel market continues to grow, we aim to support mine owners in maximising their reserves sustainably through our MDO services. By ramping up existing projects and acquiring new ones, we strive to meet the rising demand from India’s pellet and steel plants.