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 …

Vedanta gets Amnesty rap

The human rights group, Amnesty International, has accused the London-stock-exchange-listed mines and metals major, Vedanta Resources Plc, of glossing over criticisms of its poor human rights record at Lanjigarh in Odisha’s Kalahandi district, where it has set up and is operating a one-million-tonne alumina refinery. Stating that the company has …

The Lanjigarh development story: Vedanta’s perspective

The purpose of this report is to present a clear context and holistic contextual perspective to our stakeholders on the Lanjigarh refinery operations, including human rights aspects, environmental and safety management practices, community interventions and stakeholder engagement. The report will present broad information about the Vedanta Group, and detailed information …

Vedanta’s persective uncovered: Policies cannot mask practices in Orissa

Vedanta Resources plc is a UK-registered mining company that has come under growing national and international scrutiny owing to allegations of human rights abuses associated with its activities, especially in India where most of its operations are based. India’s regulatory bodies have intervened in many cases where the operations of …

Odisha's tribals to take on Hindalco

About 15 kms from the idyllic hilly town of Semiliguda in South Odisha’s Koraput district, the stage is set for an encore of the Niyamgiri-type agitation, as the tribals gather at the foothills of Mali Parbat to protest against bauxite mining by Hindalco Industries Ltd in the area. Sharing the …

Vedanta offers to sweeten bid for remaining govt stake in HZL, Balco

Anil Agarwal's Vedanta group has offered to sweeten its offers for acquiring the remaining government stakes in Hindustan Zinc (HZL) and Balco. The group may shell out over Rs 21,000 crore, up to 25 per cent more than planned earlier, for buying the government's remaining stakes in HZL and Balco …

Vedanta to close Lanjigarh plant

Vedanta Aluminium, which runs a 1 million tonne alumina refinery in Orissa’s Kalahandi district, may shut down within a fortnight due to acute shortage of bauxite. The refinery at Lanjigarh block has been going through an ore supply crisis after the environment ministry in August 2010 withdrew the stage II …

Sesa, Sterlite merger creates 7th largest resources player

Mumbai London Stock Exchange-listed Vedanta Resources moved a step ahead to merge its Indian subsidiaries to create a diversified mining and metals group. On Monday, iron ore miner Sesa Goa and copper-to-aluminium maker Sterlite shareholders approved creating the $14.5-billion Sesa Sterlite, the seventh-largest natural resources company by operating profit. Sesa …

Bar on JVs with private cos to develop mineral blocks likely

New Delhi The government is set to consider a proposal for a complete ban on private-public joint ventures (JVs) for developing mineral blocks allocated to state-run corporations and public sector undertakings under a special dispensation. The move would hit the plans of Adani Mining, Moser Baer, Vedanta, Monnet Ispat and …

In Karnataka, only babus and cattle enjoy mid-day meals

A probe by the Karnataka Lokayukta into the supply of food to the Integrated Child Development Services has found that Department of Women and Child Development officials in connivance with the contractor, Christy Friedgram Industry, were siphoning off funds meant for the mid-day meal scheme. The revelation has come at …

Apex court issues notice to Centre on plea challenging Cairn-Vedanta deal

The Supreme Court on Monday issued a notice to the Centre on a petition demanding that the Government approval for the Cairn Energy-Vedanta Resources deal be declared invalid. The court also issued notice to Cairn Energy, Vedanta Resources and ONGC in the Public Interest Litigation. The PIL, filed by a …

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 tonnes has been halted due to environmental concerns. The …

Tribunal Scraps Green OK to Jindal Project

India's environmental and tribal activists have scored another victory over companies looking to start mining and related projects in the mineral-rich and densely forested regions of the country. Late Friday, a green tribunal has struck down an environmental clearance granted to Jindal Steel & Power Ltd. to mine coal at …

Natarajan stops fresh Vedanta bid to mine Niyamgiri hills

NEW DELHI: 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 …

Vedanta shown the door again

MoEF Nixes Co’s Bid To Get Niyamgiri Mines, Shelves Refinery Expansion 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 …

Expansion of Alumina refinery and captive power plant at Lanjigarh, District Kalahandi in Odisha

Expansion of Alumina Refinery from 1 MTPA to 6 MTPA and Captive power plant of 75 MW to 285 MW at Lanjigarh, District Kalahandi in Orissa by M/s Vedanta Aluminium Limited. This is in continuation of this Ministry’s earlier letter of even no. dated 2nd February, 2012 prescribing the terms …

Mining ban hit iron ore output, says Vedanta

London Vedanta posted a drop in full-year iron ore output on Tuesday, hit by a ban on mining in Karnataka and logistical bottlenecks in Goa that dented one of its key profit contributors. Iron ore, a steelmaking ingredient, is typically one of Vedanta’s most profitable products along with zinc, accounting …

Orissa misused law to acquire land for industrial houses: CAG

The Comptroller and Auditor General (CAG) has unearthed a land scam in Orissa where the state government acquired land for industrial houses like Vedanta and Posco by reportedly misusing existing provisions of the Land Acquisition Act. The CAG also found that the companies were not using the land for which …

Naveen government has misused Land Acquisition Act, says CAG

The Comptroller and Auditor-General of India has found that the Naveen Patnaik government has ‘misused' the Land Acquisition Act for acquiring land for several big industrial projects, including the proposed mega steel plant by South Korean steel major Posco. “Emergency Provisions of Section 17 (4) were misused and applied arbitrarily …

Vedanta ups the ante for Balco, Hindustan Zinc

Billionaire Anil Agarwal’s Vedanta Group has offered Rs 17,000 crore ($3.4 billion) to buy the government’s remaining stakes in Hindustan Zinc Ltd and Bharat Aluminium Co, a ministry official said. A panel of bureaucrats from ministries, including law, corporate affairs, finance and mining, met yesterday and decided to seek the …

Posco, Vedanta seek more time for SEZ projects

Bhubaneswar: Unable to proceed with their projects due to different reasons, Vedanta Aluminium and Posco have sought more time from the Centre to implement their respective special economic zones (SEZs). An inter-ministerial Board of Approval (BoA), presided over by Union commerce secretary Rahul Khullar, will consider both the requests on …

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