Vedanta Announces USD 6 Bn. Investment, Expects USD 7.5 Bn. EBITDA by FY-27
Vedanta Limited, a major Indian Metals and Mining company, has announced plans to invest over USD 6 billion (approximately Rs.
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Aluminium
Divine Power Energy, Manufacturer of Copper, Aluminium Products Plans IPO
Divine Power Energy Ltd., a Delhi-based manufacturer of Copper & Aluminium strips and wires, has filed its Draft Red Herring
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Hindalco Earmarks Rs. 5,000 Cr. CAPEX for FY-24, Revises Investment Owing to Novelis’ Performance
Hindalco Industries, a major Indian Aluminium manufacturer and a part of the Aditya Birla Group, has earmarked an investment of
Read MoreVedanta to Acquire Athena Chhattisgarh Power for Rs. 564 Crore
Vedanta Ltd. will be buying 100% of Athena Chhattisgarh Power Ltd. for Rs. 564.67 crore, and this acquisition will be
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Coal India to Diversify into Aluminium and Solar Power
Coal India Limited (CIL), the state-owned coal mining and refining company, will be diversifying its operations and will foray into
Read MoreIDCO Plans to invest Rs 429 crore for Mega Aluminium Park at Angul
Odisha Industrial Infrastructure Development Corporation (IDCO) is planning to invest Rs 429 crore to expand and develop its existing aluminium
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Vedanta Launches Low Carbon Aluminium Brand ‘Restora’
Vedanta Ltd.’s Aluminium Business has launched ‘Restora’, its low carbon aluminium brand. The company unveiled two product lines – Restora
Read MoreHindalco Q2 FY22 Results- PAT Surges 783%
Hindalco Industries Ltd., the metals flagship company of Aditya Birla Group announced its Q2 (July-September) FY 22 results on 12th
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Indian Aluminium Industry at Standstill After Coal India Stops Supplies, Prices Shoot
State-run Coal India Ltd. on 14th October 2021 said it had temporarily stopped supply of Coal to non-power customers. Potentially
Read MoreCoal India Board Approves Pre-feasibility Report for Aluminium Project in Odisha
On 5th October 2021, Coal India Limited’s board approved the pre-feasibility report for setting up an integrated greenfield Aluminium project
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