SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Vedanta to invest Rs 6,611 crore over next two years to ramp up smelter capacity of Balco

28 Jul 2021 Evaluate

Vedanta is planning to invest Rs 6,611 crore over the next two years to ramp up the smelter capacity of Bharat Aluminium Company (Balco). Balco is a Vedanta Group company. In addition, its carbon plant adequacy business at Jharsuguda, Odisha, will set up a new carbon facility at a cost of Rs 635 crore.

Balco's smelter capacity, as a result, will increase by 414 kilo-tonnes per annum (KTPA), taking its total capacity to close to one million tonne. With this fresh investment, Balco's value-added product portfolio will increase to 92 per cent.

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

774.95 -12.65 (-1.61%)
20-Apr-2026 13:11 View Price Chart
Peers
Company Name CMP
Hindalco 1015.05
Vedanta 774.95
Hindustan Zinc 587.00
Jain Resource Recycl 410.05
Gravita India 1658.65
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:

×