Vedanta Limited on 27th July 2022 said it would invest INR 6,611 Crore for expansion of smelter capacity at group firm Bharat Aluminium Company Ltd. (BALCO) over the next 18-24 months. After the expansion, BALCO’s Aluminium smelter capacity will increase by 414 KTPA, taking BALCO’s total capacity to close to 1 MTPA.
Vedanta Group CEO Mr Sunil Duggal in a press statement said “Balco’s expansion is a very important project for us. We hope to ramp up the smelter capacity over the next 18-24 months. Post this expansion, Vedanta’s Aluminium capacity will increase to 2.8 million tonnes”.