Vedanta Cairn India's Mangla Processing Terminal (MPT) is operating to its optimum capacity for processing the crude oil being produced in Mangala, Bhagyam and Ashvarya oil fields in the district.
During the meeting, Chairman Agarwal reiterated Vedanta Group’s unwavering commitment to Odisha's progress.
This will be marking the largest commercial injection implemented in any oil and gas field in India, and amongst the very few done globally, its Corporate Communication statement said here.
The name of the company that would house the company's aluminium business has also been finalised, said a top official of the aluminium business vertical.
Vedanta Lanjigarh, India’s premier producer of metallurgical grade alumina and a part of Vedanta Aluminium, is exploring applications of biodiesel across plant operations as a part of its strategy to decarbonize its operations.
According to media reports, they have hired experts to evaluate possible locations for the plant. Gujarat Science and Technology Department Secretary Vijay Nehra told PTI that a site may soon be finalized in the next couple of weeks.
The company has also created over 5 lakh livelihood opportunities and fostered hundreds of MSMEs in the state.
To create a robust manufacturing base in India, The Gujarat government has partnered with Vedanta and Foxconn aiming for an investment of Rs 1.54 lakh crore to achieve self-reliance in the field of semi-conductor manufacturing.
We believe that strong operational performance from our world-class asset base will strengthen our balance sheet and lead to investment-grade credit metrics
Billionaire Anil Agarwal's Vedanta group as well as two US funds -- Apollo Global and I Squared Capital - had last year submitted initial bids
