Vedanta Limited is an associate company of the London Stock Exchange listed, FTSE 100 diversified resources group Vedanta Resources Plc. Originally incorporated in 2001, VL is a leading producer of metallurgical grade alumina and other aluminium products, which cater to a wide spectrum of industries.
VL has carved out a niche for itself in the aluminium industry with its superior product quality based on state-of-the-art technology. The firm operates a 1 mtpa greenfield alumina refinery and an associated 75 MW captive power plant at Lanjigarh in the state of Orissa. Plans are afoot to increase the capacity of the Lanjigarh refinery significantly to 5 mtpa. This is in line with VL’s strategy to promote Lanjigarh as a self sustained manufacturing unit in terms of cost advantage and resource availability.
VL has invested in a 0.5 mtpa aluminum smelter and 1215 MW captive power plant supported by highly modern infrastructure at Jharsuguda, Orissa. In addition to this, construction of 1.1 mtpa aluminium smelter expansion project at Jharsuguda is under process. The company intends to expand the fully integrated aluminium smelting capacity to around 2.6 mtpa in near future.
Jharsuguda is also the site of the 2400 MW Independent Power Plant set up by group company Sterlite Energy Ltd to meet the growing demand for power from both urban and rural consumers.
The idea of sustainable development is deeply ensconced in VL’s business ethos. VL is committed to the socio-economic transformation of local communities residing around the plant sites and undertakes several initiatives to promote sustainable development. The firm has focused on developing modern health amenities, educational facilities for children and skill development programmes for adults. Several other programmes have been undertaken to enhance health and sanitation, promote livelihood generation and improve infrastructure in the villages surrounding Jharsuguda and Lanjigarh. The firm believes that its development initiatives will encourage a dedicated team of self motivated individuals to participate and drive the company’s growth in the future.