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 …

New mega projects in Orissa: Protests by potential displaced persons

In the era of liberalization and privatization, a sizeable number of mineral processing industries are coming to invest in the mineral rich state of Orissa. As a result, there is large involuntary population displacement of the marginalized sections including tribal. There is resistance leading to agitation by 'already' and 'potential' …

Extracting a cost

Vedanta refinery pollutes river, sickens people in Orissa VEDANTA recently invited bureaucrats and glitterati to pat its back on corporate social responsibility activities at its first such meeting. But people living around Vedanta Aluminium Ltd

Tribals struggle to save Niyamgiri

Bauxite versus livelihood of tribals An uneasy calm prevailed in Lanjigarh and the adjoining Niyamgiri hills, with the Kondh tribals and activists of Green Kalahandi, Kalahandi Sachetan Nagrik Manch and Niyamgiri Suraksha Samiti appearing more determined than ever to thwart any attempt at mining the bauxite-rich hills. These organizations were …

Bail us out: consume

Earlier this year, I called the Union budget myopic (see Down To Earth, March 31, 2008). Let me reiterate why. The Union budget did not take into account the fact the world was beginning to face new challenges, all of which were devastating, and related. One, the rising cost of …

No let-off till zero discharge

A few years ago I wrote about a textile town called Pali, in Rajasthan, which had completely toxified its seasonal river Bandi with industrial discharge. Then, I said the real story was not about pollution but the anger of farmers whose agricultural lands were destroyed because of effluents, whose well …

Vedanta shortlisted for Zambian mine bid

BS Reporter / Mumbai October 30, 2008, 0:51 IST Vedanta Resources, London-based energy company Aldwych International and infrastructure firm Nava Bharat Ventures have been shortlisted by Zambia Consolidated Copper Mine Investment Holdings (ZCCM-IH) to develop and operate a coal mine and build a 400 mega watt thermal power plant in …

Ignorance and arrogance make for good floods

This year, for once, the devastating floods of Bihar seem to have touched us. Last year, when the same region was reeling under what was said to be the worst floods in living history, we simply did not know. Media had flashed a few images, but it was more of …

Vedanta plans $9.8-bn investment

Bloomberg / Mumbai September 26, 2008, 0:57 IST Anil Agarwal The company will raise smelting capacity to be among world

Vedanta scraps recast plan

Barely two weeks after announcing what it called a mega-restructuring plan, London-listed Vedanta Resources, India's largest diversified mining group, has scrapped the proposal. The company cited the global financial turmoil and shareholders' objections as reasons for the sudden change of plan. On September 9, Vedanta had said it wanted to …

Verdict aftershock

Affected by POSCO, Vedanta projects, people prepare for the final battle after Vedanta and its Indian subsidiary, Sterlite, got the green signal to mine Niyamgiri for bauxite, Dongria Kondhs living in the hills have stepped up their vigil. They are determined to oppose any attempt at mining the hills.

Our quality of mercy

Jambudwip is a tiny dot in the Bay of Bengal. A few years ago, it hit headlines when wildlife activists dragged fishermen, who used the landmass to dry their fish, to the Supreme Court. A case was filed regarding

Globalisation vs Indias forests

Wanton usage of forest land in the name of development has destroyed efforts towards community-led measures for protection and conservation in Orissa. The laxity in framing adequate environmental laws and the flouting of even the existing laws have had disastrous effects on the livelihoods of forestdwelling people in the state.

Vedanta to consolidate metals biz into 3 arms

VEDANTA Resources has decided to revamp its corporate structure by consolidating its metals operations into three verticals. Sterlite Industries would focus on copper and zinc, Vedanta Aluminium would deal with aluminium, and the third vertical would concentrate on iron ore. The move will help simplify the corporate structure, cut costs …

Vedanta creates 3 commodity verticals

UNLOCKING VALUE: Anil Agarwal (left), Chairman, with Kuldip Kumar Kaura, Managing Director and CEO, Vedanta Resources, addressing a press conference in Mumbai on Tuesday. MUMBAI: Vedanta Resources on Tuesday announced a restructuring exercise to simplify its corporate structure and eliminate cross holdings among group businesses. It will organise the group …

Firm plans 8-fold rise in ore mining capacity

Bs Reporter / Mumbai September 10, 2008, 1:08 IST Vedanta Resources said it is planning to ramp up iron ore mining capacity eight-fold to 100 million tonnes in five years, Chairman Anil Agarwal said on Tuesday.

Vedanta may scrap Orissa steel project

Nevin John / Mumbai September 10, 2008, 0:15 IST Billionaire Anil Agarwal-controlled Vedanta Resources has decided not to pursue a proposal to build a Rs 20,000-crore five-million-tonne steel project in Orissa in view of its strategy to focus on non-ferrous and iron ore businesses, two highly-placed sources in the company …

Vedanta Group announces restructuring plan

Mumbai (PTI): Aiming to increase its efficiency, NRI Anil Agarwal-led Vedanta Resources on Tuesday announced a plan for re-aligning its corporate structure into three commodity focussed verticals. The group structure would be simplified into three verticals -- copper and zinc-lead, aluminium and energy, and iron ore, Sterlite Industries informed the …

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