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VEDL - Vedanta News Story

₹288.6 18.5  6.9%

Last Trade - 29/07/21

Sector
Basic Materials
Size
Large Cap
Market Cap £10.33bn
Enterprise Value £12.21bn
Revenue £9.70bn
Position in Universe 45th / 3139

BRIEF-Vedanta Approves Several Capex & Expansion Projects

Thu 13th May, 2021 1:27pm
May 13 (Reuters) - Vedanta Ltd  VDAN.NS :
    * APPROVED CAPEX INVESTMENT OF $351 MILLION FOR OIL & GAS
BUSINESS
INFILL WELLS & EXPLORATION
    * APPROVED 120 KTPA BILLET CAPACITY EXPANSION AT COST OF
1.94
BILLION RUPEES AT JHARSUGUDA LOCATION
    * APPROVED 100 KTPA SMELTER EXPANSION AT COST OF 10.52
BILLION
RUPEES AT JHARSUGUDA
    * APPROVED EXPANSION OF ROLLED PRODUCT CAPACITY AT BALCO
FROM
EXISTING 50 KTPA TO 130 KTPA AT COST OF 3.48 BILLION RUPEES
    * APPROVED EXPANSION OF LANJIGARH ALUMINA REFINERY FROM
EXISTING
CAPACITY OF 2 MTPA TO 5 MTPA AT REVISED COST OF ABOUT 46.81
BILLION RUPEES

Source text for Eikon:  ID:nBSE3nF5nD 
Further company coverage:  VDAN.NS 

 ((Reuters.Briefs@thomsonreuters.com;))
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