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Vedanta aims to invest up to $2.9 bn over 3 years in Key India plants

Equitypandit_Vedanta

Vedanta Resources Plc has been planning to invest Rs 200 billion (USD 2.9 billion) over three years for expansion of its alumina and aluminium producing capacity in Odisha.

The company aims to expand the capacity of its Lanjigarh alumina refinery to 5 million tonnes from the current 2 million tonnes and double the capacity of its Jharsuguda aluminium smelter to 2 million tonnes.

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