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Vedanta gets approvals for expansion of Odisha refinery: Report

20 Aug 2018 Evaluate

Vedanta has reportedly received approvals to expand its alumina refinery to 6 million tonnes per annum (p.a) at Lanjigarh in Odisha. The company has also tied up contracts with Emirates Global Aluminium for bauxite. This expansion may involve an investment of Rs 5,600 crore.

Vedanta is a diversified natural resources company, whose business primarily involves producing oil and gas, zinc- lead-silver, copper, iron ore, aluminium and commercial power.


Peers
Company Name CMP
Hindalco Industries 981.90
Vedanta 264.35
Hindustan Zinc 576.05
Jain Resource Recycl 284.70
CMR Green Tech 216.55
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