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Vedanta aims to bring into operation two coal blocks in Odisha in FY23

18 Jul 2022 Evaluate

Vedanta is aiming to bring into operation two coal blocks in Odisha in FY23 and is working out a plan to fast-track the operationalisation of another coal mine in the eastern state. The company is focusing on the long-term security of coal especially when thermal power plants and the non-regulated sector have witnessed supply shortages in the current and the last year.

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 860.50
Vedanta 226.00
Hindustan Zinc 497.00
Jain Resource Recycl 289.30
CMR Green Tech 196.00
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