Tag: Vedanta

India: Vedanta Ltd. to invest $1.5 billion to ramp up zinc, steel, oil businesses

Mar 28, 2022

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by

Drishya Yadav

in Non Ferrous

Vedanta Ltd. has proposed to invest $1.5 billion to ramp up its zinc, oil and steel businesses. The $466 million phase-2 expansion of the Gamsberg zinc project in South Africa will double its capacity to 8 mnt/year. $348 million will be invested in the 3 mnt expansion project of subsidiary ESL Steel Ltd. for setting…