Vedanta Aluminium business to focus on backward integration in 2023

01 Mar 2022 CW Team

Vedanta Aluminium Business, a division of Vedanta Limited, announced that it would focus on backward integration in the next fiscal and would set up two mines in Odisha to supply raw materials for its plant.

The company revealed that the Covid-19 pandemic did not severely affect its aluminium business.

Rahul Sharma, CEO of Vedanta aluminium, told the media that the firm's focus would be on backward integration first and second the raw materials.

The Jamkhani and Radhikapur coal mines are expected to complete the raw materials supply for the plants.

He revealed that according to the schedule, the expansion of the alumina refinery of the company from the existing 2 million tonnes per annum (mtpa) to 5 mtpa is in progress.

On the metal side, Balco, Vedanta Group's firm, would increase from 0.56 million tonnes (mt) to 1 million tonnes (mt).

The CEO said that to serve the sectors such as renewable energy, aerospace and electric mobility, the firm is developing its portfolio in terms of value-added products like billets and alloys.

Currently, Vedanta Aluminium manufactures one of the largest varieties of aluminium and its value-added product offerings.

The firm is a prime exporter and producer of aluminium billets.

In the financial year (FY) 2021, it produced India's half aluminium at 1.97 million tonnes per annum (mtpa).

Image Source

Also read: Vedanta launches low carbon, green aluminium Restora products

Real Estate

05 Sep 2025

Vitizen Hotels Signs Deal at Manyata Tech Park

Vikram Kamats Hospitality, as part of its ongoing expansion in key metropolitan markets, announced that its material subsidiary, Vitizen Hotels, has signed a long-term lease agreement for a 45-key hotel property at Manyata Tech Park, Bengaluru.Strategically located in the city’s prominent IT hub, the property is well-positioned to serve corporate travelers, business professionals, and long-stay guests. The addition aligns with the company’s asset-light growth model, leveraging long-term leases to expand its footprint in high-demand urban markets.The hotel is expected to strengthen the comp..

CONCOR Signs MoU with BPIPL to Operate Container Terminal at Bhavnagar Port

Container Corporation of India (CONCOR) has signed a Memorandum of Understanding (MoU) with Bhavnagar Port Infrastructure (BPIPL) on September 4, 2025, in New Delhi to operate and maintain the upcoming container terminal at the northside of Bhavnagar Port, Gujarat.BPIPL had earlier entered into an agreement with the Gujarat Maritime Board (GMB) in September 2024 for the port’s development. Under this arrangement, 235 hectares of land has been leased to BPIPL for 30 years, with provision for expansion by an additional 250 hectares.The new terminal is expected to significantly enhance logistic..

Concord Launches India’s First Indigenous Zero-Emission Rail Propulsion

Concord Control Systems (CCSL), a leader in embedded electronics and critical rail technologies, has announced the development of India’s first fully indigenous zero-emission propulsion system, marking a significant step toward the country’s railway electrification and net-zero goals for 2030.Powered by Lithium Iron Phosphate (LFP) batteries and featuring a DC chopper-based drive, the propulsion system eliminates idling losses common in diesel engines, offering higher efficiency, lower costs, and zero emissions.What sets this innovation apart is its completely indigenous design. Except for..