The forest and environment department of the Odisha government has asked Sterlite Energy (SEL), a Vedanta group company, to immediately deposit its contribution towards Odisha Environment Managemen

Udaipur-based Hindustan Zinc has signed a memorandum of understanding with the Rajasthan Government for adopting 92 Government schools in phases in Chittorgarh and Bhilwara districts.

In recent years, one of the oldest asset classes in investment – land – has become an issue of international concern and scrutiny. Land acquisitions are being announced at a breakneck pace as companies look to produce more food, wood fiber, minerals and energy.

With the government keen to close out the sale of the residual stakes in Bharat Aluminium Company (Balco) and Hindustan Zinc (HZL) by the end of the fiscal, the London-listed Vedanta Resources is r

Bhubaneswar: Seeking to steer clear of the controversial Niyamgiri mining project, Vedanta Group chief Anil Agarwal today asked the Odisha government to immediately provide bauxite for running the

BHUBANESWAR: The State Government owes us Rs 700 crore towards energy bill and I believe the payment will be made to us soon,’’ chairman of Vendanta Resources Anil Agarwal told reporters.

The chairman of London-headquartered Vedanta Resources, Anil Agarwal, on Wednesday, met Odisha chief minister Naveen Patnaik and sought his intervention for supply of bauxite to the Lanjigarh alumi

Bhubaneswar It is like carrying coal to Newcastle. Orissa, which already has a huge reserve of iron ore and bauxite, is, of late, importing the two raw materials.

Realising this, the state government has now decided to put in place a mechanism to ensure raw material supply from the state mines to the mineral-based industries in the state. The state government has constituted a three-member ministerial panel under the chairmanship of finance minister Prasanna Acharya to formulate a policy to ensure smooth supply of minerals such as iron ore, bauxite, manganese and chrome ore to industries based in the state on a long-term basis. The other members of the committee include industries minister Niranjan Pujhari and steel & mines minister Ranjani Kant Singh.

Finance Minister P Chidambaram on Monday said the mines ministry had moved a note for the sale of the government’s residual stake in Hindustan Zinc Ltd (HZL) and Bharat Aluminium (Balco).

The matter would go to the Cabinet and the finance ministry would give its views in due course, he said. And, declined to comment on the pricing, noting he’d earlier recused from this matter.

Vedanta Aluminium Limited (VAL) resumed operations at its alumina refinery at Lanjigarh in Odisha’s Kalahandi district on Monday, after remaining shut for 10 days due to shortage of bauxite, the main raw material to produce alumina.

While the 75 MW captive co-generating plant (CPP) of the complex has been restarted, process is on to resume the operation of the refinery at a reduced capacity.

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