In a statement on Monday, the ministry said plans were in place for production to be increased to 225.69 MT during FY26, with an eventual target of 383.56 MT by FY30.
In a statement, the regulator said the committee would examine the existing rules and suggest ways to strengthen technical and safety systems in the industry.
ARE9L, the joint venture, houses a 1,050-MW portfolio comprising a mix of an already operational capacity of 300 MW, under-construction capacity of 500 MW, and under-development assets of 250 MW including both solar and wind projects in India.
The minister of mines said state-run Khanij Bidesh India Ltd has engaged with several state-owned organisations in other countries to acquire mineral assets, with a special emphasis on special and critical minerals.