Vedanta

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

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...

Events

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 has been unwilling to ship its rival alumina from the supplies set aside […]

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 […]