SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Vedanta expects coal output from Chotia block to reach 1 MTPA

09 May 2019 Evaluate

Vedanta is expecting coal output from the mine located in Chhattisgarh (Chotia block) to increase to one million tonnes per annum (MTPA) in near term as it looks to secure 90% of its requirement from linkage and captive block. The output from the captive mine stood at 0.45 million tonnes in the fourth quarter of last fiscal.

Bharat Aluminium (Balco), part of Anil Agarwal-led Vedanta, had bagged Chotia block during the first phase of coal mine auctions held in 2015.

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.

Vedanta Share Price

735.60 -21.45 (-2.83%)
23-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Hindalco 1041.40
Vedanta 735.60
Hindustan Zinc 592.05
Jain Resource Recycl 409.85
Gravita India 1587.30
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×