Coal news and updates

Vedanta plans to infuse $5 bn capex for India

 Vedanta Limited has announced capital expenditure crossing $ 5 billion in capital expenditure in India focused on capacity expansions, backward integration, and raw material security projects, reinforcing India’s journey towards building a resilient industrial base capable of withstanding global market volatility, according to an official release.

“In an era of rising resource nationalism, Vedanta is committed to ensuring India’s growth is powered by its own resources. Our integrated operations, scale and sustained investments enable us to meet domestic demand with world-class products while insulating the economy from volatile global trade policies and geopolitical vagaries. This is not just about self-reliance, it’s about securing India’s long-term strategic and economic future,” said a Vedanta spokesperson.

Vedanta operates some of the largest and most strategic natural resource assets in the country, including the world’s largest single-location aluminium smelter, the world’s largest underground zinc mining site, the world’s largest single location zinc-lead smelter, and India’s largest onshore oil field. In the past two fiscals alone, the company has invested nearly $ 2.5 billion in India to boost production capacity, strengthen backward integration, integrate new technologies and expand its value-added product portfolio.

During April-June quarter (Q1) of 2025-26 (FY26), Vedanta’s subsidiary business Hindustan Zinc announced an investment of $ 1.4 billion as part of its board-approved first phase of doubling capacity plans. The investment is centred towards setting up a 250 kilo tons pwe annum (kpta) integrated smelting complex in Udaipur along with mines and mills expansion.