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saurabh mittal

5th Oct · SEBI-Registered Analyst

Vedanta Ltd has announced a major expansion of its aluminium operations, planning to invest

VEDL
Vedanta Ltd has announced a major expansion of its aluminium operations, planning to invest ₹13,226 crore to increase its aluminium production capacity from 2.4 million tonnes per annum (MTPA) to 3.1 MTPA by the fiscal year 2027-28. The expansion aligns with the company's strategy to anchor aluminium at the center of its growth and ensure it remains the largest contributor to its group-level EBITDA targets. The capacity hike will occur in phases, reaching 2.75 MTPA by FY26 and 3.1 MTPA by FY28, with significant benefits for operations, especially in Odisha where Vedanta has a notable presence.

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