Vedanta Resources to Invest $20 Billion in Indian Power and Metals Expansion
Vedanta Resources to Invest $20 Billion in Indian Power and Metals Expansion
BANGALORE, INDIA--June 16, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--Vedanta Resources PLC (LSE:VED) (London), a metals and mining group, plans to invest $20 billion in India over the next four years in a major expansion drive spanning electricity generation, metal and mining operations. Of these, 70% will be invested in the aluminum and power generation sectors while the remaining 30% will be invested in expansions in its copper and zinc operations.
Other companies featured: Sterlite Industries India Limited (BOM:500900), ASARCO LLC (NYSE:AR), Sesa Goa Limited (BOM: 500295)
Subscribe Now!(All Fields Required)
Related Articles
Articles related to this company
- Baltimore Bridge Collapse May Dampen U.S. Coal Exports
- WoodMac: Steel Decarbonization Methods Could Raise Emissions in Zinc Proces...
- Chile Opens 26 Salt Flats for Private Investments and Development
- U.S. Cement Plants Bring Billions in Project Spending
- Perú presenta 51 proyectos como parte de su plan minero 2024