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Vedanta planning to inject Rs 15,000 crore in Odisha

13 Nov 2018 Evaluate

Vedanta is planning to inject Rs 15,000 crore to raise the alumina refinery capacity at Lanjigarh three-fold to 6 mtpa and firm up downstream sector in Odisha in three years. The company has already invested over Rs 50,000 crore in Odisha projects.

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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