Vedanta Chairman Anil Agarwal
| Picture Credit score:
Michael Austen
Vedanta Chairman Anil Agarwal has charted out growth plans for totally different businesses which are being demerged for itemizing individually on the inventory alternate.
In a letter to shareholders, Agarwal stated the corporate is embarking on an thrilling new chapter and the stage is ready for the following section of growth and worth creation.
Vedanta Aluminium is poised to keep up its lead as the most important aluminium producer throughout the US, Europe, West Asia, Australia and Africa. “With our imaginative and prescient to double the prevailing manufacturing capability to 60 lakh tonnes every year, deep backward integration and structural value benefits, we stay poised to attain among the many lowest prices of manufacturing globally,” he stated in a letter to shareholders.
Vedanta Oil & Fuel, the nation’s main personal sector upstream participant, plans to scale to 300,000 to 500,000 barrels per day with an funding of $5 billion, supporting India’s rising power wants, he added.
Vedanta Energy has 4.2 GW operational capability and a 12 GW growth pipeline, which is aligned to long-term demand. It’ll have a whole and safe coal linkage.
As well as, Vedanta Energy will broaden into hydropower and nuclear power, creating a powerful clean-energy portfolio, along with its standard prowess, turning into one of many prime three energy corporations within the nation, stated Agarwal.
Vedanta Iron & Metal is evolving right into a future-ready inexperienced metal and speciality metal firm, anchored in uncooked materials safety, built-in operations and growth potential to assist India’s industrial growth.
“From steelmaking capability of 40 lakh tonnes per 12 months (Goa and Bokaro), we’ll scale to 100 lakh tonnes per 12 months to leverage the supply of fuel at our doorstep. We’ve the backing of the most effective captive iron ore mines in Goa, Odisha and Karnataka, that can assist us scale to 100 lakh tonnes per 12 months and subsequently to 150 lakh tonnes per 12 months,” he stated.
Vedanta, the flagship of the group, will maintain about 60 per cent share in Hindustan Zinc, India’s premier and sole producer of zinc, lead and silver.
The corporate will even comprise Vedanta Zinc Worldwide (VZI) with prime belongings in South Africa and Namibia. Like Hindustan Zinc, VZI has a number of the world’s richest zinc reserves.
Vedanta will even home the copper enterprise, which companies 35 per cent of the copper market in India, and the ferro alloys enterprise which is present process growth.
“We’re additionally the one producer of nickel in India. Each copper and nickel are crucial minerals that India wants for long-term self-reliance,” he stated.
Printed on Could 5, 2026
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