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Expansion▲ Bullish for Vedanta
Vedanta urges Odisha govt to accelerate ₹1 trillion investment proposals
The brief
- Vedanta urged Odisha to accelerate ₹1 trillion in proposed aluminium investments
- Projects include a smelter in Dhenkanal and a refinery in Rayagada
- Faster approvals could support Vedanta’s aluminium expansion and related Indian metals activity
- Stocks to buy for long term: Vedanta Iron and Steel, Vedanta Oil and Gas or Vedanta Power: Which is better? Target, SL
- Vedanta Aluminium to Oil & Gas: 4 operational triggers to watch after Nifty 500 entry
- Vedanta lines up FY's first rupee debt sale, bankers say
- Vedanta Oil & Gas holds Rajasthan operating cost at $16.4/barrel in FY26
Vedanta’s Odisha investment plans
Vedanta announced a ₹1 lakh crore investment drive in Odisha targeting 50,000 jobs, including expansion of existing operations and proposed aluminium projects. The group has sought to revive Niyamgiri mining and says it is ready to invest a matching amount in another Rayagada refinery.
Sunday, 27 September
Saturday, 26 September
- Vedanta urges Odisha govt to accelerate ₹1 trillion investment proposals