Advertisements Vedanta has announced that it will acquire Meenakshi Energy, a debt-ridden power plant in Andhra Pradesh, for Rs 1,140 crore. The company will pay Rs 312 crore upfront and balance Rs 1,128 crore in installments. The consideration will mature in… Read More ›
Advertisements Vedanta-Iron and Steel Business has recently partnered with IIT Bombay (IIT-B) on an R&D project to develop cost-effective technology for producing Green Steel using hydrogen targeting significant carbon footprint reduction in Iron and Steel space. Further Vedanta-Iron and Steel… Read More ›
Advertisements Maharashtra has beaten at least 5 states to win a stupendous Rs 2.06 lakh-crore investment by Vedanta Group-Foxconn partnership in the sunrise semiconductors chips and display fabrications sector in Pune, officials said here on Tuesday. The deal, the single… Read More ›
Advertisements Vedanta will finalize a location for its $20 billion semiconductor and display plants in India by mid-June and will have the first chip product ready in two years, its Chairman Anil Agarwal said on Wednesday. Oil-to-metals conglomerate Vedanta said in… Read More ›
Advertisements Indian conglomerate Vedanta has earmarked $15 billion for foray into the electronic chip and display manufacturing space, and plans to scale up the investment to as much as $20 billion, a senior company official said. Vedanta’s group firm Avanstrate,… Read More ›
