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The Economic Times

Vedanta charts $5 billion oil & gas push, targets sharp capacity expansion across businesses

Vedanta United States Oil Anil Agarwal aluminium

Oil-to-metals conglomerate Vedanta on Tuesday unveiled an ambitious expansion roadmap across its metals, mining and energy businesses, outlining plans to sharply increase production capacities over the coming years while committing a $5 billion investment in its oil and gas business.

Addressing the company's annual general meeting (AGM), Vedanta Chairman Anil Agarwal said the company aims to nearly triple its zinc and lead production capacity to 3 million tonnes by 2031, reinforcing its position in one of its largest businesses.

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