Vedanta Group is planning to invest Rs 30,000 crore in the Northeast in fields of oil and gas, critical minerals, refining facilities, power, optical fibre, system integration, renewable energy, transmission sectors and data centres. Earlier this year, Vedanta had committed an investment of Rs 50,000 crore in Assam.
Vedanta is undertaking one of the largest exploration and development programmes to unlock the hydrocarbons in the Northeast. The investment will potentially generate up to 1 lakh jobs and enable socio-economic development of the region.
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.
