Vedanta Ltd.

Vedanta Plans US$300 MM In Capital Expenditures In Current Fiscal Year

Vedanta Plans US$300 MM In Capital Expenditures In Current Fiscal Year

India’s premier aluminium smelter Vedanta Ltd. plans to spend US$300 million during the current fiscal year. This is according to comments made to domestic media by Vedanta Aluminium’s Chief Executive Officer Ajay Kapur last week. “Our most significant expansion will be at...

Events

Vedanta To Deploy GE’s Digital Smelter Technology At Jharsuguda Aluminium Smelter

London-based metals miner Vedanta Ltd. and American multinational conglomerate General Electric Company (GE) jointly announced yesterday that they have agreed to place GE’s digital smelter technology in Vedanta’s Jharsuguda smelter in an effort at improving the site’s productivity and efficiency. The partnership between the two firms is the first such installation at any aluminium smelter […]

Vedanta Pondering Purchase Of Government Stake In Two Co-Owned Mineral Firms

Anil Agarwal’s Vedanta Ltd. is considering buying a majority share in Bharat Petroleum Corporation Limited (BPCL) and the remaining share of in Hindustan Zinc Limited (HZL) from the Indian government according to domestic news reports. At present Vedanta owns a 46.71-percent stake in BPCL and a 64.92-percent stake in HZL. The government of India owns […]

Vedanta Plans Flat-Rolled Aluminium Plant For Eastern India

A top official at Indian aluminium smelter Vedanta told local media this week that his firm plans to enhance its value-added portfolio with the construction of a INR2,500 crore aluminium flat rolled products plant. The Chief Executive Offiecer of Vedanta Aluminium and Power Ajay Kapur said that the move will be part of a larger […]