Vedanta to Invest INR 6,611 Cr. for Balco Expansion

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”.