Vedanta Share Price in Focus; Expands Aluminium Footprint in Odisha

Vedanta is taking significant strides to strengthen its aluminium production in India. The company is in the process of acquiring land for a new 3 million tonnes per annum (MTPA) aluminium smelter in Dhenkanal, Odisha, signaling a major expansion in its aluminium business.

Vedanta’s Ambitious Expansion Plan in Dhenkanal

Speaking at ALUMEX India 2025 in New Delhi, Vedanta’s Aluminium CEO, Rajiv Kumar, highlighted the company’s ambitious growth plans towards establishing a mega aluminium plant at Dhenkanal with a capacity of three million tonnes.

Currently, Vedanta’s total aluminium capacity stands at 3 MTPA, and the company aims to double this to six million tonnes. Land acquisition is actively underway, and the project is progressing steadily.

Job Creation and Billet Capacity Expansion

The upcoming greenfield aluminium smelter is expected to generate over 200,000 jobs, underscoring its potential socio economic impact. Kumar emphasised the capital intensive nature of the aluminium sector, noting that such a facility typically takes 3 to 4 years to become operational.

Vedanta is also expanding its billet manufacturing capacity, a crucial raw material for the extrusion industry. The company currently produces 580 kilo tonnes and is on a path to double this capacity, supporting both domestic and international demand.

In addition to the smelter, Vedanta plans to set up an aluminium park in Jharsuguda, Odisha. This industrial park aims to attract downstream players, offering them an opportunity to establish their manufacturing units in a strategically developed ecosystem.

Vedanta Share Price Performance

Vedanta Limited shares were trading at ₹436.00 at 12:10 PM on the NSE, reflecting a modest gain of ₹2.30 or 0.53% from the previous close of ₹433.70. The stock opened at ₹434.05, touched an intraday high of ₹439.80, and a low of ₹432.95, indicating a relatively stable trading range. The volume-weighted average price (VWAP) stood at ₹437.14.

Read More: Vedanta Outbids Adani with ₹17,000 Crore for Jaiprakash Associates.

Conclusion

With these developments, Vedanta is reinforcing its position as a leading aluminium manufacturer and exporter while contributing to industrial growth and employment generation in Odisha.

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