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's Rs 1,000-cr power plant in Odisha stuck in legal hassle
The fate of the Rs 1,000-crore investment made by Vedanta Aluminium Ltd (VAL) in setting up a power plant in Odisha is hanging in balance. A high-level inter-ministerial committee that recommends coal allocation for power units has refused to take up the vexed issue of linkage for VAL’s plant in...
Nalco staff oppose alumina sale to Vedanta
Employees of Nalco here have threatened to launch protests against the reported move of the company to sell alumina to Vedanta Aluminium Limited (VAL). On Friday, a few employees under Nalco Sramik Congress Union organized a demonstration in front of the company's captive power plant. A day before,...
Metal prices hold key to Sterlite’s fiscal 2013 outlook
Price realizations played a key part in ensuring that Sterlite Industries (India) Ltd did well in the March quarter, compared with the December quarter. The metal firm’s sales rose by only 5% sequentially to Rs. 10,763 crore, but operating profit rose 16.1% to Rs. 2,705 crore and operating margin...
Competition panel nod for Vedanta Group consolidation
The Competition Commission of India has approved the amalgamation of various Vedanta Group companies in India to consolidate the structure of the firm and also to eliminate cross holding. The amalgamation of Sterlite Industries India Ltd, Madras Aluminium Company, along with its subsidiaries into...
Lanjigarh ban may spur Sterlite-Nalco alumina deal
Sterlite Industries is in talks with state-owned National Aluminium Company (Nalco) to source alumina for its Vedanta Aluminium plant. The flagship company of Vedanta Resources Plc is also looking at importing alumina in order to ramp up the capacity of its Lanjigarh plant in Orissa to 2 million...
Chhattisgarh: Brazen Balco flouting rules in power plant construction
Vedanta controlled Bharat Aluminium Company Ltd (Balco) in Chhattisgarh apparently didn't bother to seek "mandatory" permission from the Korba Municipal Corporation (KMC) for its projects in the area. Documents obtained from the KMC under the right to information (RTI) have revealed that despite...
Foreign NGOs now target Vedanta's expansion in Odisha
Vedanta Aluminium's Lanjigarh project in Odisha may become another Kudankulam, as environment activists belonging to foreign non-Government organisations (NGO) have suddenly surfaced to show their concern. Vedanta Aluminium's plan to expand its annual capacity from 1 million tonnes to 6 million...
RTI query exposes blatant violations by Balco in Chhattisgarh
An RTI query has revealed that the Vedanta-controlled Bharat Aluminium Company Ltd (Balco) blatantly violated norms in Chhattisgarh by not seeking "mandatory" permissions from the municipal corporation for its completed and under-construction projects, including a couple of major thermal power...
Environment ministerNatarajan stops fresh Vedanta bid to mine Niyamgiri hills
Environment and forests minister Jayanthi Natarajan nixed yet another attempt by Vedanta to get Niyamgiri bauxite mines in Odisha that Rahul Gandhi had stood up against, saving the Congress and its scion some blushes. On Tuesday, she ordered that the preliminary nod given by her ministry to the...
MoEF gives nod to conduct public hearing in Vedanta case
The Union Ministry of Environment and Forest (MoEF) has kept in abeyance its permission to Vedanta Aluminium for conduct of public hearing on the company's plan to expand the capacity of Lanjigarh alumina refinery in Kalahandi district from one million tonne to six million tonne after protests from...
Private Cloud Saves Rs 64.1crore per annum for Vedanta
Vedanta required a swift and hassle-free provision of IT services in the organization. Along with this, the company was looking at high availability of IT resources and services, better control and monitoring of infrastructure cost and scalability and resiliency to business requirements. Thus, the...
Vedanta Resources announces aluminum production for Q4 2012
Vedanta Resources announced that aluminum production for Q4 2012 was 4% higher at 177,000 tonnes in Q4 and 5% higher at 675,000 tonnes for the full year respectively as compared with the corresponding prior periods. The 500 kilo tonne per annum Jharsuguda I smelter produced 115,000 tonnes in Q4 up...
Supreme Court to expedite hearing of Orissa's plea on Vedanta group's firm Sterlite
The Supreme Court today agreed to expedite its hearing of Orissa Government's appeal against the Centre's decision to withdraw its environmental clearance to Vedanta group firm Sterlite for its bauxite mining project in Niyamgiri Hills. A special forest bench of justices K S Radhakrishnan and C K...
VAL seeks long-term coal linkage from Orissa
Vedanta Aluminium Ltd (VAL), a unit of Anil Agarwal-led Vedanta Resources Plc, has sought the intervention of the Orissa government for securing long-term coal linkage for its captive power plant (CPP) at Jharsuguda. The aluminium major required the coal linkage for its unit-6 and unit-9 of 135 Mw...
SC to decide on Vedanta appeal on Niyamgiri hill mining site
The leaders of thousands of forest-dwelling tribesmen who have fought for years to preserve their ancestral lands from exploitation by an international mining corporation have promised to continue their struggle whatever the decision in a key hearing before the Supreme Court today. Dubbed the “real...
Odisha: Vedanta Aluminium Limited Wins RoSPA Award 2012
The alumina refinery of Vedanta Aluminium Limited (VAL) at Lanjigarh, Orissa has been conferred with RoSPA Occupational Health and Safety Award 2012. The Royal Society for the Prevention of Accidents (RoSPA) started the Occupational Health and Safety Awards scheme in 1956, making it the largest and...
Vedanta Aluminium says it will face public hearing on 2 May
Officials of Vedanta Aluminium Ltd will face a public hearing on 2 May in Orissa’s Kalahandi district to seek approval for expansion of the company’s alumina refinery, a company official said, reversing its earlier position to seek a waiver on the ground that such hearings have already been...
Alumina refinery: Anrak toeing Vedanta line
Despite the clouds of uncertainty to mine in scheduled areas, Anrak Aluminium Limited (AAL) appears to be getting ready to launch alumina refining by sourcing part of its bauxite ore requirement from Gujarat. It is also in talks with Glencore, world's largest commodity supplier and States like...
