Tag: Vedanta

Bhubaneswar: In the wake of Supreme Court (SC) expressed desire to monitor the setting up an international university by Vedanta Group in Puri to ensure that the land is not used for “commercial purposes”, chief of the company Anil Agarwal on Thursday said he was hopeful of the project. “We will definitely go ahead with […]

Bhubaneswar: The Odisha government is expected to get about Rs 1,500 crore pending entry tax and interest thereon after a nine-judge bench of Supreme Court ordered the State is competent to levy entry tax while hearing the Vedanta entry tax case, said the State’s Finance Minister Pradip Amat today. The division bench of the Supreme […]

Bhubaneswar: Mines minister Prafulla Mallick on Wednesday said the Odisha government has decided to provide bauxite to Vedanta’s Lanjigarh alumina factory from the Kodingamali mines in Koraput through Odisha Mining Corporation (OMC). Briefing newsmen here today, the Mines minister, said, “OMC has got the mining lease of Kodingamali mines located in Koraput. We will provide […]

Bhubaneswar: Soon after the Supreme Court constituted a 3-judge bench to hear the petition filed by the Odisha government seeking review of apex court’s decision to uphold restrictions on mining of bauxite in the Niyamgiri hills, the Congress has alleged the State and Central government are working hand in gloves to give away mining rights […]

A two-judge bench of the Supreme Court on Friday recommended to the Chief Justice of the apex court formation of a three-judge bench to hear the petition filed by the Odisha government seeking review of the 2013 SC decision upholding the resolution passed by 12 gram sabhas not to allow mining of bauxite in the Niyamgiri hills

London-listed Vedanta Resources, the diversified mining and metals major, expects that two bauxite deposits, Kutrumali and Sijimali in southern Odisha with an estimated combined reserve of 300 million tonne, will come to the rescue of the bauxite-starved company under the amended Mines and Minerals (Development and Regulation) Act, 2015

Bhubaneswar: In a development that may rekindle the debate over top bureaucrats taking up corporate assignments after retirement, former Odisha chief secretary Bijay Kumar Patnaik today joined Vedanta group as the president of its university project. Recently, Patnaik had resigned as a member of Odisha Human Rights Commission (OHRC). According to sources, he will lead […]

Bhubaneswar: As a part of its CSR programme, Vedanta has come forward to enhance nutritional supplements in mid-day meals (MDMs) of 66,500 children in government and government-aided schools under Berhampur Municipality, Chattrapur and Hinjlicut blocks of Odisha’s Ganjam district. A memorandum of understanding has been signed to this effect with Manna Trust, which is in […]

Bhubaneswar: Union Mines Secretary Anil Mukim on Thursday urged the stakeholders to work towards increasing the domestic consumption of aluminium in a sustainable manner and make it the metal of choice for the future. Addressing the International Conference on Aluminium (INCAL 2019) here, he stressed on value addition in the aluminium industry and encouraging the […]

Bhubaneswar: An Odisha government panel on Thursday recommended final approval of Vedanta Ltd’s Rs 1,240 crore proposal to expand the capacity of its aluminium smelter unit in the state’s Jharsuguda from 1.6 to 1.8 million metric tonnes per annum (MMTPA), an official statement said. The 77th meeting of the State Level Single Window Clearance Authority […]

Bhubaneswar: The Odisha Cabinet on Wednesday amended a long-term linkage policy to facilitate Vedanta company to source bauxite from the Odisha Mining Corporation (OMC) to run a refinery and smelter plants in the state. “The Cabinet decision will enable Vedanta Limited, which has set up an alumina refinery and aluminium smelter in the state under […]

London: Mining major Vedanta on Thursday said its Chairman Anil Agarwal’s family trust Volcan Investments will increase its stake in British miner Anglo American. In a statement here, Vedanta said Volcan alone was increasing its stake to become the largest Anglo American shareholder with over 21 per cent holding. The acquisition of around 9 per […]

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 […]

Lanjigarh: Encouraged by supply of bauxite from the state-owned Odisha Mining Corporation (OMC), the Vedanta Limited is optimistic about completion of its refinery expansion project. Though the aluminium major has been managing to run its 2 mtpa refinery since 2007 by importing bauxite from other states and abroad, the company for the first time received […]

Bhubaneswar: Industries in Odisha today decried the steep hike of 83 per cent in electricity duty for Captive Power Plants (CPPs) saying it will hamper investment and urged the state government for a roll back. Prominent industries including NALCO, JSPL, Vedanta, HINDALCO, PPL, MCL, JSL, IMFA, Nava Bharat, Tata Steel, Tata Iron and Sponge, FACOR […]