Vedanta Ltd.

Vedanta’s Bottom Line Hit Hard By Lower Aluminium Prices In First Quarter

Vedanta’s Bottom Line Hit Hard By Lower Aluminium Prices In First Quarter

Indian metals miner Vedanta Ltd turned in much lower numbers than usual in the previous quarter, thanks in large part to a drop in prices for aluminium and other metals. Last week the firm reported a 68 percent drop in consolidated net...

Events

Vedanta Aluminium Purchases Massive Block Of Renewable Energy From Indian Energy Exchange

India’s larges aluminium producer Vedanta Aluminium Business became the country’s biggest purchaser of renewable energy for the first quarter of FY 21-22 on the Indian Energy Exchange Limited (IEX) this week after it bought 354 million units of solar and non-solar renewable energy from the Green Term-Ahead Market (GTAM). The Vedanta Limited subsidiary is utilizing […]

Vedanta Smelts Record Of 549k Tonnes Of Primary Aluminium In Latest Quarter

Indian aluminium and metals producer Vedanta Limited released results for the quarter ending on 30 June this week. The subsidiary of Vedanta Resources reported production and financial improvements across the board over the same time period in 2020. For the first fiscal quarter Vedanta reported a record consolidated revenue of ₹28,105 crore, better by 79 […]

Vedanta Aluminium Looking For Partnerships With Cement Producers On Low-Carbon Cement

Indian aluminium producer Vedanta Aluminium is searching for partnerships from cement producers to put to use its waste product to produce low-carbon cement. Vedanta commented its interest in utilizing fly ash and bauxite residue in a conference hosted by industry experts. Vedanta notes that fly ash and bauxite residue are produced in large quantities by […]

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 our Lanjigarh alumina refinery,” Kapur told India’s BusinessLine. “Subject to government approvals, the […]

Vedanta Wins Award For Digital Transformation At Jharsuguda Aluminium Smelter

London-based aluminium producer Vedanta took home the ‘Most Innovative Best Practice’ Award at the Digital Transformation (DX) Summit & Awards 2020 earlier this week. The award, which is administered by CII – Centre for Digital Transformation (CDT), is intended to recognize worthwhile achievements related to digital transformation. The innovation for which Vedanta is recognized is […]