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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Vedanta urges Odisha govt for bauxite mining lease to L&T
Vedanta Resources Plc Chairman, Anil Agarwal, accompanied with L&T chief A M Naik, today met Chief Minister Naveen Patnaik to press for early disposal of L&T’s application for grant of mining lease for Sijumali and Kutrumali bauxite mines as both the companies have entered into a pact to operate...
Legal experts favour L&T, Vedanta JV on bauxite mining
Vedanta’s bid to secure alternate bauxite supply for its Lanjigarh refinery through a joint venture with L & T has received shot in the arm with several legal luminaries ruling out any legal hurdle in realisation of the proposal. Vedanta had entered into JV with L&T, which held prospecting licence...
Vedanta commissions red mud powder plant in Odisha
Vedanta Aluminium Ltd has commissioned a red mud powder producing unit at Lanjigarh refinery in Odisha, describing it as first of its kind in alumina industry tackling major environmental hazards. “The unique project of producing red mud powder has been commissioned in a fully mechanised and...
Vedanta may operate Odisha refinery at full capacity from December
Vedanta Aluminium Ltd, part of the London-based Vedanta group, is likely to operate its refinery in Lanjigarh, Odisha, at full capacity from December, after a year marked by low utilisation and a shutdown. S.K. Roongta, Vice-Chairman and head of Vedanta group’s aluminium and power businesses, told...
Alternative bauxite supplies continue to elude Vedanta
Vedanta Aluminium Ltd's (VAL) hope to source bauxite from Sijimali and Kutrumali mines in south Odisha's Rayagada and Kalahandi districts has hit a legal roadblock. Engineering giant L&T had originally obtained prospecting license (PL) over the two deposits. The grant of ML was expected to come to...
Vedanta seeks an alternate bauxite mine from Odisha Govt
Vedanta Resources today said it has sought an alternate bauxite mine from Odisha government to run its Lanjigarh alumina refinery, which is staring at uncertain future due to local tribals rejecting the proposal to carry out mining in the Niyamgiri hills. “We want very strongly that the state...
Vedanta Aluminium aims to triple capacity despite alumina shortage
Vedanta Aluminium Ltd will triple its capacity by 2015 to 2.3 million tonnes to cater for an expected surge in demand in India, its managing director said, even though its inability to source enough alumina at home has forced it to import the raw material. The company, a unit of London-listed...
Vedanta moves Project Monitoring Group for Lanjigarh refinery expansion
Mining conglomerate Vedanta Group has approached Prime Minister's Project Monitoring Group, which was established to fast track stalled large investment projects, seeking environment clearance for expansion of its Lanjigarh alumina refinery in Odisha to 6 million tonnes. The Project Monitoring...
Vedanta seeks partial de-notification of Jharsuguda SEZ
Vedanta Aluminium Ltd (VAL) that is struggling to commission its 1.2 million tonne aluminium smelter at its Jharsuguda Special Economic Zone (SEZ) for want of alumina, has sought partial de-notification of the zone’s non-processing area. Responding to VAL’s request, the Odisha government has...
Vedanta seeks shareholder support for buyouts in Hindustan Zinc & Balco
Vedanta Resources PLC issued a circular Monday, that seeks to extend shareholder support for its proposed purchase of the Indian government's minority stakes in Indian zinc producer Hindustan Zinc Ltd. and aluminum company Bharat Aluminum Co. Ltd. Vedanta called upon its shareholders to back a...
Vedanta continues its technological innovations despite loss at Lanjigarh
Vedanta Aluminium's (VAL) Rs 5,000-crore alumina refinery at Lanjigarh faces trouble over the denial of bauxite from the Niyamgiri hills but that hasn't stopped its technological innovations. The company plans to implement zero-based costing - a method to identify and implement every cost-saving...
Vedanta's Jharsuguda aluminium smelter lies idle
The woes of Vedanta, which has invested Rs 45,000 crore in the aluminium and power sectors in Odisha, is not limited to the denial of bauxite from the Niyamgiri hills for its Lanjigarh refinery alone. While all the attention is focused on the agitations against bauxite mining at Niyamgiri, another...
Odisha govt submits reports to Centre on 12 village councils in Niyamgiri
Odisha government submits Centre reports on 12 village councils, held in Rayagada and Kalahandi dists to decide Vedanta's mining plan in Niyamgiri. The report will be submitted at the Supreme Court. The state government had conducted village councils complying with the decision of the Supreme...
Vedanta expects scaling up India power generation capacity to 10,000 Mw in a year
London-listed metals and mining conglomerate Vedanta Resources Plc expects its operational power generation capacity in India to jump by over a half to 10,000 Megawatt (MW) within a year. The $15 billion group is hopeful of bringing three operation-ready projects on stream shortly, completing its...
Vedanta looks beyond Niyamgiri for bauxite supplies
After 12 village councils completely rejected bauxite mining in the Niyamgiri hills, Vedanta is now looking beyond the area to source raw material for its Rs. 5,000 crore Lanjigarh alumina refinery in Odisha and is hopeful of securing an alternate mine soon. "Niyamgiri was a very small deposit and...
National Aluminium Company Ltd rejects Vedanta's request for alumina
Aluminium major NALCO has rejected a request to sell surplus alumina to bauxite starved Vedanta for its smelter at Jharsuguda, saying it was against the Navaratna PSU's policy to supply it in domestic market. "We are not in a position to provide alumina or bauxite to any other company inside the...
Union minister for rural development requests Vedanta to find another bauxite excavation site
Union minister for Rural Development Jairam Ramesh today said the state government and Vedanta Aluminium Limited (VAL) should find another place to excavate bauxite to feed the company’s refinery plant located at Lanjigarh. Minister Ramesh said this while addressing media at Congress HQs in...
Vedanta confident of getting alternative mine for Niyamgiri project
Though all 12 village council voted against allowing Anil Agarwal’s Vedanta Aluminium to mine bauxite in Niyamgiri, the Vedanta Group executive chairman remains optimistic the Orissa government will soon allot another mine for the 1-million-tonne (to be expanded to 5) refinery. There is a lot of...
