India is targeting a wind power capacity of 140 GW by 2030 more than 3 times the current capacity of 40 GW. The demand for minerals which are required to build this infrastructure will grow exponentially, the Vedanta chairman wrote in a post on X (formally Twitter)
Vedanta plans investments in mineral sector in Saudi Arabia : Rashtra News #Vedanta #plans #investments #mineral #sector #Saudi #Arabia Considering the strong demand for zinc and its expected shortage globally, Saudi Arabia is looking to team up with global companies to become a leading producer of the metal. Industrialist Anil Agarwal-owned mining major Vedanta Group
Vedanta Investment: "Projects (are) under execution to deliver USD 7.5+ billion yearly EBITDA," vice chairman Naveen Agarwal said, adding USD 6 billion is being invested across business verticals that will potentially yield incremental revenues of USD 6 billion and "incremental yearly EBITDA potential of USD 2.5-3 billion".
Prime Minister Narendra Modi courted top oil and gas executives, showcasing opportunities in India s growing economy and discussing reforms in the sector. The executives included global giants like ExxonMobil, BP, and TotalEnergies. Modi highlighted the recently launched exploration licensing round and reforms in the bidding process.