Kolkata: Natural resources major Vedanta Ltd on Tuesday said it will set up a new steel plant in Jharkhand with a capacity of 4.5 million tonne (MT) per annum at an investment of USD 3-4 billion. The plant will be part of the company’s newly-acquired Electrosteel Steels Ltd (ESL) at Bokaro, Vendanta Resources Chairman Anil […]
New Delhi: The Delhi High Court today sought response of the Centre and Odisha government on Vedanta Ltd’s plea against a rule that mandates that mining lessees have to pay contributions to district mineral foundations. Vedanta Ltd, a subsidiary of UK-based Vedanta group, has challenged Rule 3 of the Mines and Mineral (Contribution to District […]
New Delhi: Vedanta Ltd has lost about USD 200 million in profits ever since its copper smelter plant in Tamil Nadu was shut more than a year back after police fired on protesters and killed 13 people, Group Chairman Anil Agarwal said. Agarwal added that the stoppage of production at the Tuticorin plant of the […]
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