Vedanta is planning to produce 1.7 million tonne of aluminium in FY17. In this regard, the company will increase capacity at Balco and Odisha’s Jharsuguda plants. The Anil Agarwal-led company is a major shareholder at Balco in Chhattisgarh and Jharsuguda plant in Odisha. In Odisha, the company has four new pot lines that it would be ramping up which would get it to total annualized production capacity of about 1.6-1.7 million tonnes of aluminium per year. The company is also looking to commission pot lines five and six at the Odisha facility.
Vedanta is an India-based global diversified natural resources company with operations across zinc, lead, silver, oil and gas, iron ore, copper, aluminum and commercial power. The company operates through segments, including Copper, Aluminium, Iron Ore, Power and Others.
