Vedanta Aluminium brings 4 AI Control Towers into logistics, safety and plant maintenance
Vedanta Aluminium is using artificial intelligence (AI) and other digital tools across its operations as part of its efforts to improve day-to-day decision-making, logistics, safety and equipment monitoring. At BALCO in Korba, Vedanta Aluminium has introduced four AI-enabled Control Towers to keep...
Vedanta Aluminium shares rise as the group denies stake-sale speculation
Vedanta Aluminium shares gained 3.32 per cent after Vedanta Resources denied speculation that it planned to sell its stake in the aluminium business, while brokerages maintained bullish views on the stock. Vedanta Aluminium came into focus after its parent, Vedanta Resources, dismissed reports and...
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Permission sought on using Sterlite Energy for Vedanta's aluminium smelter
The Energy Department has sought the views of Gridco, the power trading utility of the State, on the issue of granting permission to the Vedanta Aluminium and Power to use power from Sterlite Energy. This is in response to Vedanta Group’s request to the State Government for using 600 MW power from...
Vedanta urges Odisha government to provide lease of laterite mines soon
Continuing its frenzied efforts to secure alternate bauxite supplies, Vedanta Aluminium Ltd (VAL) has urged the Odisha government to fast track its applications for three small laterite deposits in Koraput district for mining lease by the end of this month. VAL’s urgency to secure alternate raw...
Vedanta targets 80-90% capacity utilisation on better bauxite supply
Vedanta is aiming at achieving of 80-90 per cent capacity utilisation this month, boosted by availability of bauxite from several sources, even as its plans for captive mining in Odisha remains thwarted by the ministry of environment & forests (MoEF) refusal to provide stage II forest clearance to...
Pro Vedanta Group demands bauxite to run Vedanta refinery in Lanjigarh
Normal life was affected during a bandh observed at Lanjigarh in Odisha's Kalahandi district today demanding provision of bauxite mining facilities to Vedanta for smooth running of its alumina plant. During the shut-down, called by Lanjigarh Anchalika Bikas Parishad (LABP), local inhabitants took...
Tribal people seek complete closure of Lanjigarh alumina refinery
The Niyamgiri Surakshya Manch (NSS) has demanded that the Lanjigarh alumina refinery of the Vedanta Alumina Limited (VAL) in Kalahandi district be completely closed. The demand was made at a public meeting organised in Munikhol of Muniguda block in Rayagada district on Thursday to mark the success...
No preference to Vedanta in Hindustan Zinc, Balco stake sale
Vedanta group, the owner of Hindustan Zinc Ltd. (HZL) and Bharat Aluminium Co. Ltd. (Balco), will not get any preference when the government auctions its residual stake in the two companies in this financial year, a top government official said. There is no legal hurdle in the sale of the residual...
Ministry of Environment rejects Vedanta’s Bauxite mining project at Niyamgiri
In a major setback to Anil Agarwal-promoted Vedanta Resources, the Ministry of Environment and Forests has turned down its proposal for bauxite mining at Niyamgiri hills in Odisha. Vedanta wanted to mine bauxite from Niyamgiri to feed its Rs 5,000-crore Lanjigarh alumina refinery in Odisha. “We...
Vedanta's Lanjigarh refinery hopes to run despite mining ban
On January 8, the proposal for providing the second round of forest clearing for Orissa Mining Corporation (OMC, which has a tie-up with Vedanta Aluminium for supplying Bauxite) was rejected by the environment ministry. OMC had proposed to get the forest cleared for mining ore in Lanjigarh reserve...
2013 marked several milestones for BALCO
The Bharat Aluminium Company Ltd (BALCO) has achieved several key milestones during 2013 and received awards for productivity, quality, human resource management and other areas at different forums, the company said in a Press release on Saturday. Its plant received National Award for Excellence in...
Vedanta seeks CM approval to run smelter facility
Vedanta Aluminium Ltd (VAL) has sought the state government's approval to run its smelter unit at Jharsuguda and use 600 MW power from Sterlite Energy. The company's chairman, Anil Agarwal, has written to chief minister Naveen Patnaik in this regard recently, official sources said. "We have set up...
Orissa assures Vedanta of leasing laterite deposits for its alumina refinery in Orissa
The Orissa government has assured Vedanta Aluminium of leasing laterite minerals, which will help the company run its 1-million-tonne alumina refinery at Lanjigarh in Orissa’s Kalahandi district. The state government has agreed to lease out laterite deposits in Rayagada and Koraput districts to VAL...
Odisha: Aluminium Smelter Plant of Sesa Sterlite Ltd. awarded with National Energy Conservation Award
Efficient management of available energy resources has been one of the major thrust areas of Vedanta’s operations across the World. Adding feather to its rich collections of awards and accolades over the years, for exhibiting and discharging its commitment towards the cause of environment, focusing...
Vedanta despairing about aluminium investment in India
Leading metal makers such as ArcelorMittal and Vedanta will be keen on more work in India but for the dispiriting project delays, especially those pertaining to sanctions for mines. In an interview with Bloomberg TV, Vedanta Chairman Anil Agarwal regretted his $8-billion investment in the country's...
Decision on Vedanta may impact Mapithel project in Manipur
The ripple effect of the Supreme Court verdict in the Vedanta mining case is being felt in faraway Manipur. The Mapithel multi-purpose project, which began in Manipur in 1980 and is yet to be completed, now faces the same test as Vedanta’s bauxite mining project in Odisha did — has it come up...
Opposition protests Vedanta L&T bauxite deal
The BJP has opposed the state government's attempt to consider bauxite supply from two mines in Rayagada's Kashipur block to refinery of Vedanta Aluminium Limited (VAL) at Kalahandi's Lanjigarh. The two mines have been allotted to Larsen and Toubro (L&T). In a memorandum, submitted to the district...
Vedanta may have to wait longer for bauxite from L&T
A senior official in the Odisha government said there is no timeline for granting mining leases to two crucial mines of Larsen and Toubro Ltd (L&T), in what suggests Sesa Sterlite Ltd may have to wait longer before it gets bauxite from the construction company under a memorandum of understanding....
Vedanta chairman regrets $8 billion Aluminum project in India
Billionaire Anil Agarwal, who controls London-based Vedanta Resources Plc (VED), said he regrets investing $8 billion in an aluminum complex in India that’s faced a shortage of raw materials. “I could either invest in Vedanta Aluminium or I could have bought Asarco,” Agarwal said in an interview...
With L&T deal through, Vedanta’s bauxite woes in Orissa largely over
Vedanta Aluminium Ltd's (VAL) $1-billion alumina refinery project at Lanjigarh will now have access to bauxite with the Orissa government getting favourable legal opinion on VAL’s sale-purchase agreement with Larsen and Toubro (L&T). The refinery currently has a capacity of 1 million tonnes (mt)....
