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Vedanta seeks Niyamgiri mining revival, pitches ₹1 lakh crore Odisha investment

1 source · first seen 20:13 26 Sept · updated 20:13 26 Sept

The brief

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Vedanta is seeking to revive the Niyamgiri bauxite project, shelved in 2013 after unanimous Gram Sabha resistance
The company has pitched a ₹1 lakh crore investment in Odisha
Potentially significant for Vedanta and Odisha’s mining and metals sectors, subject to the project’s revival

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Vedanta₹266.35 · 1 today Mining6 today Metals and mining15 today Niyamgiri0 today

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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

11:03
India needs to utilise resources beneath earth to become self-sufficient: Anil Agarwal

Saturday, 26 September

22:55
Vedanta’s Anil Agarwal backs mineral exploration, says India must shed ‘country of import’ tag
20:13You are here
Vedanta seeks Niyamgiri mining revival, pitches ₹1 lakh crore Odisha investment
20:04
Vedanta urges Odisha govt to accelerate ₹1 trillion investment proposals
19:23
Vedanta group announces ₹1 lakh crore investment drive in Odisha; targets 50,000 jobs

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1 report · earliest 20:13

The HinduVedanta seeks Niyamgiri mining revival, pitches ₹1 lakh crore Odisha investment20:13