Vedanta plans over Rs 1 lakh cr investment in Rajasthan

22 Oct 2024 CW Team

Vedanta has announced plans to invest over Rs 1 lakh crore in Rajasthan across various business sectors, including zinc and oil and gas. Hindustan Zinc, a Vedanta group company, will allocate Rs 30,000 crore to double its zinc production capacity from 1.2 million tonnes per annum (MTPA) to 2 MTPA, increase silver output from 800 tonnes to 2,000 tonnes, and establish a one MTPA fertilizer plant.

Cairn Oil & Gas, another subsidiary of Vedanta Ltd, is set to invest Rs 35,000 crore to boost its capacity to 300,000 barrels per day. Additionally, Serentica Renewables, part of the Vedanta Group, plans to invest Rs 50,000 crore to develop 10,000 MW of renewable power capacity, supporting energy transition and adhering to high environmental standards.

Vedanta also announced the creation of a non-profit industrial park around Udaipur to support small and medium enterprises, with investments starting at Rs 5 crore.

The announcement was made during the Rising Rajasthan Roadshow in the UK, led by Rajasthan Chief Minister Bhajan Lal Sharma, who met with Vedanta Chairman Anil Agarwal to discuss these significant investments. This initiative is expected to create over 200,000 jobs and develop more than 500 downstream industries, supporting import substitution.

Agarwal highlighted Rajasthan's rich resources, including hydrocarbons and critical minerals like zinc, lead, silver, and gold, and expressed commitment to working with the state government to enhance economic development and quality of life in the region.

To date, Vedanta has invested over Rs 1.5 lakh crore in Rajasthan, with Hindustan Zinc Ltd and Cairn Oil & Gas operating their largest facilities in the state.

Infrastructure Urban

08 Oct 2025

Kashmir Receives First-Ever Automobile Consignment By Rail

In a landmark moment for Jammu and Kashmir’s transport infrastructure, the Valley has received its first-ever automobile consignment by rail, signalling a major advancement in freight connectivity.A freight rake carrying over 100 vehicles arrived early this morning at the newly operational Goods Shed in Anantnag, South Kashmir. The train, dispatched from Maruti Suzuki India Limited’s Gati Shakti Terminal in Manesar, Haryana, completed its 850-kilometre journey in approximately 45 hours.Officials described the successful operation as a “significant leap forward” in Kashmir’s logistics..

Kilambakkam Station, Skywalk Opening Delayed To January 2026

The long-awaited Kilambakkam railway station and pedestrian skywalk connecting it to the Kilambakkam Kalaignar Centenary Bus Terminus (KCBT) will now open only by January 2026, after multiple construction delays by both the Chennai Metropolitan Development Authority (CMDA) and Southern Railway. The postponement has left thousands of commuters struggling with poor connectivity during the ongoing festive season.Located nearly 25 kilometres from Chennai, KCBT serves as a major hub for mofussil and SETC buses heading to districts across Tamil Nadu. In the absence of train connectivity, commuters a..

Railways Clears Rs 1.12 Billion Six-Lane Bridge Near Amaravati

The Ministry of Railways has approved the construction of a six-lane road over bridge (ROB) at the E13 extension road between Mangalagiri and Krishna Canal stations in Andhra Pradesh, at an estimated cost of Rs 1.12 billion. The project, fully funded by the Railways, aims to improve regional connectivity and ease traffic flow towards the Amaravati Capital Region.The proposed bridge will provide a crucial link between National Highway-16 (NH-16) and Amaravati, crossing the busy Chennai–Howrah railway line near Vijayawada. Initially planned as a four-lane structure, the design has been upgrade..