Moody's upgrades Vedanta Resources's CFR to Ba3 from B1
The upgrade of Vedanta Resources's corporate family rating (CFR) reflects Moody's view that the relatively benign operating environment and stabilizing commodity prices will aid in enhancing the firm's operating profit
Odisha govt to vet Vedanta's proposal to expand Lanjigarh refinery
The High Level Clearance Authority (HLCA) would consider a proposal by Vedanta Ltd to expand capacity of its alumina refinery at Lanjigarh from one million tonne per annum (mtpa) to six mtpa.Vedanta would invest Rs 6483 crore on expanding capacity of its refinery. The project after full ramp up has the potential to generate jobs for 9494 people.The company's expansion proposal came up for scrutiny at the 75th meeting of the State Level Single Window Clearance Authority (SLSWCA). Since the SLSWCA is empowered to approve projects with investment size of up to Rs 1000 crore, the proposal was referred to HLCA, the highest body to clear investment proposals in Odisha.The SLSWCA approved Vedanta's plan to ramp up capacity of its co-generation captive power plant from 90 Mw to 340 Mw.To fulfill its expansion plan, Vedanta has asked for 1645.8 acres of additional private land. Vedanta's alumina refinery at Lanjigarh in Odisha's economically backward Kalahandi district, has been struggling to . Analyst / Investor Meet - Intimation
In terms of Regulation 30(6) of the Listing Regulations, 2015, please find below the Schedule of Analyst / Institutional Investor Meet: Date: November 17, 2017 Event: Macquarie India Conference, 2017 Type of Meeting: One-on-One / Group Meetings Venue: Mumbai, INDIA Updates
In continuation to our Letters VEDL/Sec./SE/17-18/76 and VEDL/Sec./SE/17-18/71 dated September 21, 2017 and September 14, 2017 respectively w.r.t. Update on units of Power plants at Jharsuguda and pursuant to Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith further update on the same. Analyst / Investor Meet - Intimation
In terms of Regulation 30(6) of the Listing Regulation, 2015, please find below the Schedule of Analyst / Institutional Investor Meet: Date:November 14, 2017 Event:CLSA India Forum, 2017 Type of Meeting:One-on-One/Group Meetings Venue:Delhi, INDIA Clarifies on News item
With reference to news appeared in www.economictimes.com dated November 13, 2017 quoting "Jaypee Infratech gets 18 bidders; JSW, Vedanta, Lodha in the fray", Vedanta Ltd has submitted to BSE a copy of Clarification is enclosed. Clarification sought from Vedanta Ltd
The Exchange has sought clarification from Vedanta Ltd on November 13, 2017, with reference to news appeared in www.economictimes.com dated November 13, 2017 quoting "Jaypee Infratech gets 18 bidders; JSW, Vedanta, Lodha in the fray".The reply is awaited. Vedanta eyeing more stressed steel assets
Vedanta had submitted an EoI for the unlisted Bhushan Power & Steel, and emerged as a qualified bidder Vedanta plans to invest $850-mn to raise Rajasthan oilfields output
The oil and gas business has commenced its next phase of growth Press Release / Media Release
Announcement of growth projects in Cairn Oil & Gas and Copper Businesses