Vedanta Aluminium

Energy and AI

The IEA’s special report Energy and AI, out today, offers the most comprehensive, data-driven global analysis to date on the growing connections between energy and AI. The report draws on new datasets and extensive consultation with policy makers, the tech sector, the energy industry and international experts. It projects that …

OMC to apply for Karlapat bauxite mine to feed Vedanta mill

In a bid to find alternate source of bauxite for the Lanjigarh alumina refinery of the Vedanta Alumininium Ltd (VAL), which is shut down for want of raw material since December 5, Odisha Mining Corporation (OMC) has decided to apply for mining lease of Karlapat bauxite deposits soon. OMC had …

AnRak Aluminium - Another Vedanta in the making

AnRak Aluminium is moving ahead with the bauxite mining project in Makavarapalem in Visakhapatnam district despite the local opposition warns this analysis in the Economic and Political Weekly with focus on social and environment impact of the project. A bauxite/aluminium project very similar to the Vedanta project in Odisha is …

Govt drops land acquisition plan for Vedanta steel project

The Odisha government has approved a proposal for withdrawal of land acquisition process for Sterlite Iron and Steel Company, a Vedanta group firm, which proposed to set up of a 5 million tonne steel plant in Keonjhar district. The government has directed the revenue department to take appropriate action in …

Vedanta Aluminium's trials with regulatory approvals continue

Early this month, billionaire Anil Agarwal-promoted Vedanta Group was forced to shut its one million tonnes per annum alumina refinery at Lanjigarh in Odisha’s Kalahandi district due to unavailability of bauxite, 15 years after state-owned Orissa Mining Corporation signed over its rights to mine bauxite in the Niyamgiri Hills to …

No SC reprieve for Vedanta, Tatas in Orissa entry tax case

‘The Supreme Court on Friday refused to stay recovery of entry tax dues amounting to more than R350 crore, payable on goods imported by companies for their plants and services in Orissa between 2008 and 2012. Companies including Vedanta Aluminium and Tata Steel have been slapped notices over these dues. …

Tribal affairs minister Deo against dilution of Forest Rights Act rules

Any dilution of the rules under the Forest Rights Act, 2006, as being contemplated at the highest levels of the government, could lead to adverse impact in the ongoing Supreme Court case on UPA's decision to cancel the bauxite mining rights for Vedanta in Odisha, tribal affairs minister Kishore Chandra …

Odisha scouts for alternative bauxite source for Vedanta refinery

After the shutdown of Vedanta Aluminium's one-million tonne alumina refinery at Lanjigarh on December 5, the Odisha government seems to have woken up, albeit belatedly, to the raw material crisis that has stalked the company for last five years. In a bid to help revive operations of the Lanjigarh refinery, …

SC to hear petition on Niyamgiri mining today

After Vedanta closed its aluminum refinery at Lanjigarh in Kalahandi district of Odisha today, citing paucity of bauxite, the primary raw material to refine aluminium, all eyes are now on the Supreme Court, which will hear a petition against the ministry of environment and forests (MoEF) tomorrow. The MoEF had …

Vedanta shuts Lanjigarh refinery

Vedanta Alumina Limited (VAL), on Wednesday, shut down its alumina refinery at Lanjigarh in Odisha’s Kalahandi district, and stopped feeding bauxites and started washing its tanks. “We have already started the process of shutting down alumina plant from the morning. By evening, the one million tonne per annum alumina refinery …

Hindustan Zinc to adopt 92 schools in Rajasthan

Udaipur-based Hindustan Zinc has signed a memorandum of understanding with the Rajasthan Government for adopting 92 Government schools in phases in Chittorgarh and Bhilwara districts. The group will improve facilities in these schools under the public-private partnership model. Hindustan Zinc plans to spend about Rs.3.35 crore on the project. While …

Odisha asks Vedanta to contribute to climate fund

The forest and environment department of the Odisha government has asked Sterlite Energy (SEL), a Vedanta group company, to immediately deposit its contribution towards Odisha Environment Management Fund (OEMF). Earlier, the state energy department, in February this year, had asked the company to contribute to the fund, being managed by …

Govt may okay Vedanta’s Rs.17k-cr offer

With the government keen to close out the sale of the residual stakes in Bharat Aluminium Company (Balco) and Hindustan Zinc (HZL) by the end of the fiscal, the London-listed Vedanta Resources is readying the R17,000 crore it would need to pay for the equity, Vedanta Group executive chairman Anil …

The financial risks of insecure land tenure: an investment view

In recent years, one of the oldest asset classes in investment – land – has become an issue of international concern and scrutiny. Land acquisitions are being announced at a breakneck pace as companies look to produce more food, wood fiber, minerals and energy. The undeniably high and sustained profit …

Interested in bauxite only, not Niyamgiri in specific: Vedanta

Bhubaneswar: Seeking to steer clear of the controversial Niyamgiri mining project, Vedanta Group chief Anil Agarwal today asked the Odisha government to immediately provide bauxite for running the company's alumina refinery at Lanjigarh in Kalahandi district. "I don't want to get into any controversy. I may not be interested for …

Vedanta’s Agarwal Meets Patnaik for Bauxite Supply

The chairman of London-headquartered Vedanta Resources, Anil Agarwal, on Wednesday, met Odisha chief minister Naveen Patnaik and sought his intervention for supply of bauxite to the Lanjigarh alumina refinery in Kalahandi district. “Bauxite is like oxygen to us. We have invested . 10,000 crore in Odisha to set up a …

Vedanta seeks Rs 700 crore from state government

BHUBANESWAR: The State Government owes us Rs 700 crore towards energy bill and I believe the payment will be made to us soon,’’ chairman of Vendanta Resources Anil Agarwal told reporters. Express . The Vedanta Group on Thursday raised a demand of Rs 700 crore from the State Government towards …

Vedanta effect: Orissa plans smooth supply of minerals to its industries

Bhubaneswar It is like carrying coal to Newcastle. Orissa, which already has a huge reserve of iron ore and bauxite, is, of late, importing the two raw materials. Realising this, the state government has now decided to put in place a mechanism to ensure raw material supply from the state …

Mines ministry moves note on HZL, Balco residual stake sale

Finance Minister P Chidambaram on Monday said the mines ministry had moved a note for the sale of the government’s residual stake in Hindustan Zinc Ltd (HZL) and Bharat Aluminium (Balco). The matter would go to the Cabinet and the finance ministry would give its views in due course, he …

Vedanta restarts Lanjigarh refinery operation

Vedanta Aluminium Limited (VAL) resumed operations at its alumina refinery at Lanjigarh in Odisha’s Kalahandi district on Monday, after remaining shut for 10 days due to shortage of bauxite, the main raw material to produce alumina. While the 75 MW captive co-generating plant (CPP) of the complex has been restarted, …

Vedanta to restart Lanjigarh refinery on Monday after supply resumption

VAL will first start its captive co-generating plant (CPP) to generate steam, necessary for running the refinery A week after a temporary shutdown of its alumina refinery at Lanjigarh, Odisha, Vedanta Aluminium Ltd (VAL), buoyed by bauxite supplies of 40,000 tonnes from Bharat Aluminum Company's (Balco) Kawardah mines in Chhattisgarh, …

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