File Photo: A bird flies beyond the Vedanta logo installed on the facade of its headquarters in Mumbai, India, January 31, 2018. Reuters/Danish Siddiqui/File photo | Photo credit: Danish Siddiqui
Several global consulting companies have shown interest in implementing the expansion projects of Vedanta LTDS of $ 20 billion multiple voltage voltage segments, and the Major metal will end the company in the current quarter, said an official.
Vedanta plans to significantly expand its operations in the next three years, since it is restructured in four entities: vedanta aluminum, oil and gas, energy and iron and steel.
Talking with PTI, the executive director of Vedanta Ltd, Arun Misra, said that “then, we have raised a global EOI and we have multiple interest. We are completion partners over a pair of private capital week so that the EOI has witnessed multiple interest.”
When asked to name the companies that have shown interest, Misra said that “there are numerous and think of any great global consulting firm in India and the world. Everyone has witnessed, everyone has a realistic interest.”
The company will spend $ 20 billion on growth projects on metals, mining and hydrocarbons in the next three years. These projects are extensions of their existing operations.
The mining firm had reviewed its Demarger plan and decided to retain its base metal company within the parent company.
The company expects to complete the depmercence of its businesses for the end of September.
The president of Vedanta, Anil Agarwal, had previously said that the department proposes of the various verticals of the company, which represented more than 15 products, will see that it progresses the asset administrators to the assets of assets.
As the company goes through the transition phase, Vedanta focuses on consolidating and strengthening its asset base to emerge as a world leader in each of the vertical, said the president.
The metal giant had reported more than twice in the net gain consolidated to ₹ 3,483 million rupees for the quarter that ended on March 31, 2025, conducted by a lower cost and a higher volume.
The company had published a net gain of ₹ 1,369 million rupees in the previous year. The company’s revenues in the quarter of January-March increased to ₹ 41,216 million rupees on ₹ 36.093 million rupees in the period of the previous year.
Posted on May 18, 2025