Vedanta to invest Rs 6,611 cr for Bharat Aluminium expansion

28 Jul 2021 CW Team

Vedanta, an oil and gas and metals company, announced that it would fund Rs 6,611 crore in the next 18-24 months to expand the smelter capacity at Bharat Aluminium Company Ltd (Balco).

The company also said its carbon plant adequacy industry in Odisha would establish a new facility at Rs 635 crore.

After the expansion, the smelter capacity of Balco would grow by 414 ktpa. With this new investment, the value-added products portfolio of Balco would increase to 92%, driving its total capacity to nearly 1 million tonnes (mt).

Group CEO Sunil Duggal told the media that the expansion of Balco is quite significant for them. They hope to increase the smelter capacity within the next 18-24 months. He said that after the development, the aluminium capacity of Vedanta would rise to 2.8 mt.

Moreover, Duggal said that the firm was concentrating on decreasing manufacturing costs by approximately $300 per tonne to nearly $1,200 in the next couple of years. It would benefit to improve the realisation and profitability of the aluminium business significantly.

The aluminium business of Vedanta recorded a great force throughout the first quarter of FY 2021-22 with the highest-ever production of 549 KT and a margin of 36%.

Recently, the firm was granted the Kuraloi (A) North coal block in Jharsuguda, an optimal fit for its smelter unit.

Throughout the first quarter, Vedanta decreased its debt by Rs 6,989 crore and the Net Debt/EBITDA ratio at 0.6x, which is the lowest in the last four years. The firm also has a substantial liquidity place with cash and cash equivalents at Rs 31,318 crore.

Image Source

Also read: Vedanta to establish aluminium park in Odisha at Rs 10k cr

Also read: Vedanta Aluminium invites cement firms for low carbon cement

Real Estate

08 May 2026

Integrated Waterproofing Strategies

Waterproofing buildings used to be an annual pre-monsoon affair but the evolution of real-estate development has changed that approach. In new developments, developers are weaving waterproofing solutions into both the design and construction phases, an approach that Nikhil Madan, Managing Director, Mahima Group, says, “is all about ensuring lasting durability [of the building] and keeping lifecycle risks including water seepage and extensive maintenance to a minimum.”Watertight by designAluminium formwork systems aren’t commonly thought of as a waterproofing tool but at the Mahima Group,..

GROHE Showcases Water-Led Design At Milan

GROHE unveiled its GROHE SPA Aqua Sanctuary at Milan Design Week 2026, transforming Piccolo Teatro Studio Melato into an immersive showcase of water, design and wellbeing. Built on the philosophy of ‘Wellbeing Through Water’, the installation reimagined bathrooms as holistic spaces for relaxation, rejuvenation and self-care.The Aqua Sanctuary was presented through three interconnected sanctums. The first showcased the 3D-printed GROHE SPA AquaTree shower and faucet, highlighting bespoke innovation and biophilic design. The second featured the Atrio Private Collection and GROHE SPA x Buster..

Rahee Group Expands Rail Manufacturing Capacity

Rahee Group has outlined a multi-year investment roadmap to expand its operational footprint and strengthen manufacturing capabilities for India’s growing railway and urban transit sector. The Group is expanding in Odisha with a new Track Component Casting Unit, for which the groundbreaking ceremony was held on 8 April 2026 in the presence of Odisha Chief Minister Mohan Charan Majhi.The Group’s flagship EPC arm, Rahee Infratech Ltd, continues to focus on complex rail infrastructure projects, including track systems, bridges, viaducts and ballastless infrastructure. Its wholly owned subsidi..