Vedanta Ltd.

Supreme Court Orders Nalco To Sell Alumina To Vedanta

Supreme Court Orders Nalco To Sell Alumina To Vedanta

India’s National Aluminium Company (NALCO) was ordered by the country’s Supreme Court to deliver 30 thousand metric tons of metallurgical-grade calcined alumina to the Vedanta plant at Visakhapatnam, which Vedanta will ultimately use at its SEZ unit in Jharsuguda. To date, Nalco...

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 […]

Vedanta To Open India’s First Primary Foundry Alloy For Aluminium Alloy Wheels

Indian aluminium smelter Vedanta Ltd. announced last week the launch of its Primary Foundry Alloy (PFA) which it will utilize to produce aluminium alloy for India’s automotive sector. Making the announcement at last week’s 59th Society of Indian Automobile Manufacturers (SIAM) Annual Convention 2019, Vedanta’s dedicated 240 thousand metric ton per annum aluminium alloy foundry […]

Expected Tepid Response Delays Odisha’s Auction Of Bauxite Blocks

Despite residing above over half the country’s total known bauxite reserves, the Odisha government has yet to place a single block up for online auction to date. According to experts, state officials have thus far backed away from auctioning the blocks over concerns that the bauxite ore outcroppings will not draw the sort of significant […]