SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Vedanta to invest over Rs 1 lakh crore in Rajasthan across different business verticals

21 Oct 2024 Evaluate

Vedanta is planning to invest over Rs 1 lakh crore in Rajasthan across different business verticals, including zinc and oil & gas.  Hindustan Zinc, a Vedanta group firm, will invest Rs 30,000 crore to double zinc capacity from 1.2 million tonnes per annum (MTPA) to 2 MTPA, silver production from 800 tonnes to 2,000 tonnes, and set up a 1 MTPA fertilizer plant. Cairn Oil & Gas, a subsidiary of Vedanta, will invest Rs 35,000 crore to augment capacity to 3 lakh barrels per day. 

Vedanta Group entity Serentica Renewables will invest Rs 50,000 crore to develop 10,000 MW renewable power capacity to support these investments, aid in the energy transition, and ensure the highest environmental standards and green manufacturing. Vedanta also announced the establishment of an industrial park near Udaipur on a non-profit basis, for small and medium-scale industries with investments starting from Rs 5 crore onwards. 

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

300.75 -5.25 (-1.72%)
19-Jun-2026 16:59 View Price Chart
Peers
Company Name CMP
Hindalco 1009.25
Vedanta 300.75
Hindustan Zinc 563.35
Jain Resource Recycl 376.95
CMR Green Tech 243.50
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: