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Vedanta’s arm to set up copper smelter plant in India

01 Apr 2021 Evaluate

Vedanta’s subsidiary -- Vedanta Resources has called for Expression of Interest (EoI) from state governments for the 500 KTPA (Kilo Tonnes Per Annum) coastal copper smelter plant. The copper smelter of 500 KTPA will require footprint of around 1,000 acres in proximity to port along with logistics connectivity with conveyor/corridor of rail and road to handle 5 mtpa material movement on both in-bound and out-bound side.

As per the EoI document issued, the project has an investment potential of about Rs 10,000 crore that will provide direct and indirect employment to 10,000 people and will contribute around Rs 3,000 crore to the exchequer annually.

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

774.30 3.65 (0.47%)
21-Apr-2026 10:47 View Price Chart
Peers
Company Name CMP
Hindalco 1022.95
Vedanta 774.30
Hindustan Zinc 595.00
Jain Resource Recycl 419.20
Gravita India 1667.50
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