The H.H Nizam's Finance office-cum-Mint & Electricity department lies to the north of Hussain Sagar Tank Band Road are visible on the map. It was in 1905 A.D, the State Mint moved to the suburbs of Saifabad by the then Finance Minister of Nizam govt namely Sir George Casson Walker, who credited in establishing an up-to-date mint and replaced previous hand-made coin and introduced newly machine-made coins. Initially, the department confined to the Mint, but since 1912 A.D the department has undertaken works from the other departments includes the manufacture of seal, badges, stamps, engraving, and die-making etc.